crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%

Synopsis

Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, an attorney for the company told a U.S. bankruptcy court on Wednesday.

crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%  0ETMarkets.com

INSIGHTS

Read Stock Insights by ET for a quick analysis

NSEBSE

Glance Finance Ltd.

PEER COMPANIES

Explore NowNew Delhi: The cryptocurrency market was trading higher on Thursday. Bitcoin gained more than 4% to trade above $18,000, while Ethereum rose over 5% to trade above the $1400 level.

BTC volume stood at approximately $22 billion, gaining 40% in the last 24 hours.

“Bitcoin is showing early signs of another bull run as it broke the $18,000 resistance today. The crypto market is witnessing a series of positive developments such as Dubai issuing federal-level regulations, FTX recovering customer funds, and improvement of macroeconomic conditions, as a result of which, the crypto market is moving north with signs of sustained momentum,” Shivam Thakral, CEO of BuyUcoin said.

Top crypto tokens such as Cardano, Dogecoin, Polygon and Litecoin traded with gains. XRP rose 7.5%.

Did you Know?

S has launched a new enterprise on the Metaverse with the aim of accelerating cloud adoption among Indian firms. The interactive and immersive ‘cloud on wheels’ platform will enable customers to experience the full range of S ’s offerings and reimagine processes for improved business outcomes.

View Details »The global cryptocurrency market cap was trading higher around $890 billion, increasing 4% in the last 24 hours.

Currently, the total volume in DeFi is at $3.61 billion, 7.97% of the total crypto market 24-hour volume. The volume of all stablecoins is now $41.75 billion, which is 92.16% of the total crypto market 24-hour volume.

The price of Bitcoin, the world’s largest cryptocurrency, hovered around $350.68 billion, with a dominance of about 39.44%, an increase of 0.23% over the day, according to CoinMarketCap.

Global Updates:
Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, an attorney for the company told a U.S. bankruptcy court on Wednesday.

The company, which was valued a year ago at $32 billion, filed for bankruptcy protection in November and U.S. prosecutors accused Bankman-Fried of orchestrating an “epic” fraud that may have cost investors, customers and lenders billions of dollars.

(With inputs from agencies)

Crypto Cart: Quick Glance (Source: coinmarketcap.com, data as of 10.22 hours, IST on January 12, 2023)

Bitcoin $18,208.32 4.56%

Ethereum $1,401.33 5.27%

Tether $0.9999 -0.01%

USD Coin $1 0.01%

BNB $286.61 4.26%

XRP $0.3771 7.51%

Dogecoin 0.07993 4.18%

Cardano $0.329 4.36%

Polygon $0.8935 4.81%

Polkadot $5.15 5.75%

Tron $0.05653 2.81%

Litecoin $84.57 4.95%

Shiba Inu $0.000009315 4%

Solana $16.44 2.36%

(Note: Price change in last 24 hours)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%  1crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%  2Thursday, 12 Jan, 2023Experience Your Economic Times Newspaper, The Digital Way!Read Complete Print Edition »

  • Front Page
  • Pure Politics
  • Companies & Economy
  • ET Markets
  • More
    • crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%  3DoT may Seek Law Min Views on Giving Spectrum to Entities

      The Department of Telecommunications (DoT) is likely to seek the opinion of the law ministry over allocation of spectrum to enterprises for rolling out private captive networks.

      crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%  4DRI Issues Show Cause Notice to Samsung India

      The Directorate of Revenue Intelligence (DRI) has issued a show cause notice to Samsung India Electronics (SIEL), asking why the agency should not recover ₹1,728.47 crore as duty along with interest for alleged customs duty evasion.

      crypto price today: Crypto Price Today: Bitcoin above $18,200; Ethereum, XRP gain over 5%  5Trafigura Sells Nayara Stake to Hara

      Swiss-headquartered commodity trader Trafigura sold its 24.5% interest in Nayara Energy Ltd, formerly Essar Oil, to Hara Capital Sarl, severing ties with Russian energy giant Rosneft.

    Source

    Updated: 01/12/2023 — 02:00