look news india
Mumbai: At the end of the two-day meeting of the Federal Open Market Committee (FOMC) of the US Federal Reserve, the committee indicated a quarter percent cut in interest rates by the end of the current year.
Bitcoin has seen fluctuations since the beginning of the current week. Apart from Bitcoin, cryptos including Ethereum, Solana and Binance saw an improvement in prices.
In the last twenty-four hours, Bitcoin was trading at $66,687 late in the evening, with a low of $62,384 and a high of $67,818.
Sentiment in crypto markets remains positive as Federal Reserve Chairman Jerome Powell's statement said that there is no immediate return from earlier signs of interest rate cuts despite high inflation, making a rate cut in June likely. Has increased.
Global market capitalization rose more than 9 percent to $2.66 trillion in the last twenty-four hours as most cryptos recovered.
