Business News: Well, the Bitcoin price today remains above the $19,000 mark even as the world’s largest and most popular cryptocurrency was trading more than 2% lower at $19,042. The Global crypto market cap today remained below the $1 trillion mark, as it was down over a percent in the past 24 hours at $969 billion.
While the coin is linked to the Ethereum blockchain and the second largest cryptocurrency fell more than 1% to $1,344. An ether jump since mid-June that was soured by the hype around an upgrade of the Ethereum blockchain is rapidly unwinding now the revamp is done. Meanwhile, the investors are bracing for volatility from the jumbo interest rate hike expected this week from the Federal Reserve to fight price pressures.
Bitcoin has traded sideways between its support at $18,540 and the resistance at $20,415. Since the current price is nearly the support price, sellers are more active in the market. If bulls can get back to the market by making a move to $20,000, see an upward trend. Whereas, Ethereum trades in a similar zone to BTC. It has not still piled the power to make a sharp move as sellers are more powerful than the buyers.
Meanwhile, the dogecoin price today was also trading about 2% higher at $0.05 whereas Shiba Inu slipped more than 2% to $0.000011. Other crypto prices in today’s performance were mixed as Uniswap, Polygon, Solana, Avalanche, Binance USD, Polkadot, Lite coin, Apecoin, Cardano, Chainlink, Tron, and Tether prices were trading with gains over the last 24 hours.
As per the reports of Bloomberg, Nasdaq Inc. is making its first major push into cryptocurrency, as the second-largest stock exchange is preparing to capitalize on the increasing appetite for digital currencies among big money services for bitcoin and Ether to institutional investors.
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