Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes

Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes

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Bitcoin Price Climbs As Fed Meeting Suggests Slowing Down Interest Hikes

Bitcoinist.com5 days ago
EthereumEthereum
ReserveReserve
LitecoinLitecoin
BitcoinBitcoin
Published on November 24, 2022 13:20 GMT+00:00edited on November 25, 2022 09:31 GMT+00:00

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Bitcoin and its fellow crypto assets made a little recovery today that helped the market capitalization of the entire crypto market increase by 2.1% over the last 24 hours.

BTC peaked at $16,769 before settling at $16,702 at the time of this writing, according to latest tracking from Coingecko. Its rival, Ethereum, is up by more than 3% for the past day and is trading at $1,211.

All altcoins (stablecoins excluded) belonging to the top 10 list based on market capitalization tallied increases on their own, with Litecoin (LTC) leading the charge with its 35.4% price pump during the last seven days.

Solana, which was hit hardest by the collapse of the FTX crypto exchange platform, also registered an increase, going up by 10.5% over the last 24 hours to trade at $14.55.

Collectively, Bitcoin …