Bitcoin, ether, Uniswap, other crypto prices are rising today. Check the latest prices

On the other hand, Ether, the coin linked to the ethereum blockchain and the second largest cryptocurrency, also rose more than 2% to $1,329. Meanwhile, the dogecoin price today was over a percent higher at $0.05, while Shiba Inu was also around 1.3% up to $0.000010.

“Bitcoin and Ethereum rose by almost 2% and 3% in the last 24 hours. It seems that BTC has fixed above the $19,000 level, indicating the increase of buyers in the market. BTC is currently trading above the $19,500 level. The next resistance may be at $19,647. If bulls break the resistance, BTC may rise to the $20,000 zone. At the same time, the second largest cryptocurrency Ethereum is also trading in line with Bitcoin. If buyers can hold the initiative gained, we may see ETH rise to $1,360 and $1,380 zone soon,” said Edul Patel, CEO and Co-Founder, Mudrex-A Global Crypto Investment Platform.

The performance of other crypto prices today also improved as Avalanche, Binance USD, Polkadot, Cardano, Chainlink, Tether, ApeCoin, Solana, Litecoin, Tron, Uniswap, Cardano, Polygon, XRP, Terra, Stellar prices traded with marginal gains in recent the years 24 hours. The global market cap for crypto today was under $1 trillion, though it rose more than one percent in the past 24 hours to $975 billion, according to CoinGecko.

“The world’s largest cryptocurrency Bitcoin witnessed fund inflows of $8.8 million last week, which means investors are maintaining their buying momentum. Ether is changing hands at $1,330, which is a healthy jump of 2.48% from the previous day. The overall crypto market also jumped by around 2% to reach $938 billion, with crypto heavyweights like Bitcoin and Ether leading the charge.The crypto market has entered a more mature and stable phase since the beginning of this month with Bitcoin finding strong support at the $19k level. In the altcoin space, SOL, AVAX and TRX registered a healthy jump in prices, with QNT making the headlines of the day with an increase of over nearly 38% in the last seven days,” said Tarusha Mittal, COO and Co-Founder of UniFarm .

“The next Fed meeting could trigger some action in the crypto market as investors remain wary of further monetary policy tightening by central banks to tame inflation,” he added.

Crypto hedge fund Three Arrows Capital (3AC), which filed for bankruptcy in July, is being investigated by the Commodity Futures Trading Commission and the Securities and Exchange Commission over whether it misled investors, Bloomberg News reported.

Global markets have slumped in recent months as central banks around the world raise interest rates to curb rising inflation. Risky assets such as cryptocurrencies have been particularly hard hit as recession fears rise.

(With input from agencies)

The views and recommendations above are those of individual analysts or brokerage firms, and not of Mint.