Cryptocurrencies rise ahead of US inflation data

12:15 PM (Mecca time) Argaam
Bitcoin increased 0.4% to $91,840.99

Bitcoin increased 0.4% to $91,840.99

Cryptocurrency prices rose on Tuesday ahead of the release of US inflation data later in the day.

 

Bitcoin increased 0.4% to $91,840.99 at 11:05 a.m. Mecca time, accounting for about 58.7% of the total cryptocurrency market value.

 

Ethereum, the second-largest cryptocurrency by market capitalization, rose 0.6% to $3,122.97, while XRP added around 0.5% to trade at $2.0577.

 

The global cryptocurrency market capitalization stands at $3.12 trillion, with total 24-hour trading volume reaching $99 billion, according to CoinMarketCap.

 

US-listed spot Ethereum exchange-traded funds (ETFs) saw inflows of $5.042 million on Monday, ending a three-day streak of investment outflows, according to BeInCrypto.

 

Spot Bitcoin ETFs recorded net inflows of $117 million, following four consecutive days of capital outflows.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.