Crypto Price Today Live: Bitcoin hits $23,000; Ethereum, Polygon, Polkadot zoom up to 17%

Synopsis

Ethereum, Polkadot and Polygon rallied between 15-17 per cent each. Cardano, Solana and Bitcoin also posted double-digit rises. The global cryptocurrency market cap was at the $1.06 trillion mark. The total trading volume, meanwhile, jumped more than 40 per cent, close to $88.43 billion.

New Delhi: Crypto market soared on Thursday as Federal Reserve hiked interest rates in line with market expectations. Many market observers believed markets had already accounted for the Fed’s rate hike, which the bank has been foreshadowing for over a week.

Powell’s comments over ‘no recession’ also supported the sentiments.

Ethereum, Polkadot and Polygon rallied between 15-17 per cent each. Cardano, Solana and Bitcoin also posted double-digit rises.
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The Shiba Inu team launched a burn portal to help address the issue of the massive supply of SHIB tokens As of June 29, 2022, more than 400 trillion tokens have been burned to cap supply

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The global cryptocurrency market cap was at the $1.06 trillion mark. The total trading volume, meanwhile, jumped more than 40 per cent, close to $88.43 billion.


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    Updated: 07/28/2022 — 03:00