top of page

Bitcoin trades near $42,700; Slona, Avalanche rise up to 7%

Major crypto tokens were trading mixed on Friday. Bitcoin (-0.3%), Ethereum (-0.4%), Cardano (-3.5%), Polkadot (-2%) and Polygon (-2.5%) were trading in the red, while XRP (0.7%), Solana (7.3%), Avalanche (3.4%), and Tron (1.1%) were trading in the green. At the time of writing, the global cryptocurrency market cap declined by 0.27% to around $1.61 trillion in the last 24 hours. The crypto market performed sideways with an upward bias in the last 24 hours. BTC is back to trading around $43k levels, while ETH is trading around $2.3k. This market movement can be attributed to the Feds as they signaled interest rate cuts for next year, said Parth Chaturvedi, Investments Lead at CoinSwitch Ventures.

Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


bottom of page