Today news
About the same in other media
23.12 - 11:27
Cryptocurrencies rally after a wave of bullish news nudges investors to buy the dip
Reading now: 535
NurPhoto/Getty Images
Cryptocurrencies rallied on Wednesday, with bitcoin edging back towards $50,000, as investors delved back into the market after some of the price weakness caused by caution around the outcome of the Federal Reserve's policy meeting.
Bitcoin was last up 2.3% to around $48,311 on Wednesday at 06:25 am ET, while ether climbed 1.6%, according to CoinGecko. Dogecoin eased 6%, but still held close to its highest since the start of December, after Tuesday's 30% rally in the wake of Tesla chief executive Elon Musk saying his company would start accepting payment in the meme cryptocurrency for some merchandise.
Over the last week however, the crypto market has been under pressure. Bitcoin has lost 4.4%, while ether has lost 10%
Read more on markets.businessinsider.comAbout this in other media
5 cryptocurrency projects that made waves in 2021 cointelegraph.com /2 years ago
Top 5 bullish Bitcoin stories of 2021 cointelegraph.com /2 years ago
Elon Musk thinks Neuralink is better than Metaverse in long term cointelegraph.com /3 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
