Crypto price today: BTC holds above $29,400; know the reason why?

27 JULY 2023

By: SAMIRA SIDDIQUI

Global crypto market cap: $1.19T 24-hour volume: $30.6B BTC dominance: 48.20%

On Thursday, after the US Federal Reserve stated that it will raise interest rates by 25 basis points, the price of BTC and other digital currencies increased. 

What's the state of the market?

On 27 July 2023, the well-known cryptocurrency, Bitcoin, increased in value by 0.09% to trade at $29,471.

BTC trading in green

Ethereum also climbed at the same moment, rising 0.10% to tradea at $1,880.80.

Ethereum price

1. Dogecoin - 0.66% Up 2. Shiba Inu - 0.23% Up 3. Doge Killer- 0.07% Up

Memecoins trading in green

1. Axie Infinity - 0.13% Down 2. Decentraland - 0.10% Up 3. Theta network - 0.25% Down

What about Metaverse tokens? 

1. Worldcoin -  7.91% Down 2. KEK - 3.85% Down 3. Dogecoin - 1.69% Down 4. Kaspa - 2.65% Up 5. XRP - 1.84% Up

Check out these trending tokens

1. Synthetix -  13.16% 2.  XDC - 13.12% 3. Maker - 11.12% 4. Stellat - 11.01% 5. Chainlink - 7.42%

Top gainers of the day

1. Toncoin -  4.28%  2. Theta Network - 2.47% 3. Shiba Inu - 0.32% 4. Cronos  - 0.20% 5. USD Coin - 0.01%

Top losers of the day

If you are considering investing in crypto, research is the most important thing. The information we share isn't investment advise & only for educational purposes.

Disclaimer