news4global
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • VideosHot
    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    ये Coins कर सकते बर्बाद ‼️  Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    ये Coins कर सकते बर्बाद ‼️ Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    Gravitas: Cryptocurrency: New tool for money laundering

    Gravitas: Cryptocurrency: New tool for money laundering

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

    Top 3 Crypto Binance Upcoming Listing | top cryptocurrency to invest in 2023 | Crypto news today |

    Top 3 Crypto Binance Upcoming Listing | top cryptocurrency to invest in 2023 | Crypto news today |

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • VideosHot
    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    Bitcoin At MAJOR Crossroads (IS BTC PRICE ABOUT TO CRASH?)

    ये Coins कर सकते बर्बाद ‼️  Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    ये Coins कर सकते बर्बाद ‼️ Solana Bad news | 30 दिसंबर को बड़ी हलचल | Cryptocurrency | crypto news

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    🔥 100X POTENTIAL? 🔥 LONG TERM BNB PRICE PREDICTION – Crypto News Today

    Gravitas: Cryptocurrency: New tool for money laundering

    Gravitas: Cryptocurrency: New tool for money laundering

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    Last Chance to Buy Ada (Cardano) || Ada (Cardano) Price Prediction || Ada News Today || Ada Update

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    20/12/2022 Cryptocurrency Tamil news today | Shiba inu coin news | luna crypto news | Bitcoin Tamil

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    🚀Binance ने Cryptowalo को Goodnews दी ✅️🚀| Cryptocurrency | Shiba inu news today

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

    Emergency ♦️ बंद हो गया था Binance ⚠️ | Crypto News Today | Cryptocurrency | Bitcoin

    Top 3 Crypto Binance Upcoming Listing | top cryptocurrency to invest in 2023 | Crypto news today |

    Top 3 Crypto Binance Upcoming Listing | top cryptocurrency to invest in 2023 | Crypto news today |

No Result
View All Result
news4global
No Result
View All Result
Home Latest news

Why A Sudden Crypto Price Surge Has Added $200 Billion To Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana In 2023

January 20, 2023
Reading Time: 6 mins read
0
Why A Sudden Crypto Price Surge Has Added $200 Billion To Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana In 2023
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Bitcoin
BTC
, ethereum and other major cryptocurrencies have suddenly leaped higher after trading sideways this last week (and some think the rally could be just getting started).

Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash

The bitcoin price has rocketed to almost $23,000 per bitcoin, up from lows of under $20,000 this week, adding 7% over the last 24 hours. The ethereum price is up a similar amount reflecting other top ten coins BNB
BNB
, XRP
XRP
, cardano, dogecoin and polygone. The FTX-linked solana, an ethereum challenger, has added almost 20%.

Bitcoin and crypto’s sudden $200 billion 2023 rally—that’s seen some smaller coins leave bitcoin in the dust—has been put down to rising hopes the Federal Reserve and other central banks will move to slow interest rate hikes, though some have warned traders may be getting ahead of themselves.

It’s in a brutal bear market that you need up-to-date information the most! Sign up now for the free CryptoCodex—A daily newsletter for traders, investors and the crypto-curious that will keep you ahead of the market

MORE FROM FORBESSatoshi Will ‘Laugh At You All’-JPMorgan CEO Jamie Dimon Mocks Bitcoin And Crypto With Devastating Price PredictionBy Billy Bambrough

The bitcoin price has added more than 30% since the start of 2023, boosting the price of other major … [+] coins BNB, XRP, cardano, dogecoin, polygone and solana.

NurPhoto via Getty Images

“The last couple of months have undoubtedly brought indicators of a more positive environment with regards to inflation, as well as the boost of the Chinese economy reopening,” Max Coupland, the Director of CoinJournal, said in emailed comments.

Last week, data showed the pace of inflation in the U.S. fell to its lowest level in more than a year in December, a sign that price pressures may have peaked. Last year, the Fed implemented four straight three-quarter point rate hikes, followed by a half-point raise in December.

Related articles

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto marketing attracted a disproportionate number of Black investors. Here’s why. – Marketplace

February 3, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Latest Crypto News: IDFC FIRST Bank And ToneTag Partner To Launch CBDC Payments, Indonesia To Launch National Crypto Exchange – Outlook India

February 3, 2023

“I do worry whether investors are jumping the gun by presuming that this means the Fed will now pivot sooner than expected,” Coupland added. “Fed chair Jerome Powell has been adamant that rates will not taper until inflation is firmly under control, and we are still a long way from the 2% target, while uncertainties such as the Russian war in Ukraine still loom as highly unpredictable.”

Over the last few days, Federal Reserve officials have warned interest rates need to go higher to fully stamp out soaring inflation that hit a 40-year high in 2022. The Fed will next meet to decide rates in early February, with traders pricing in a 25-basis point rate increase.

Sign up now for CryptoCodex—A free, daily newsletter for the crypto-curious

MORE FROM FORBES‘Recovery Year’-Sudden $1 Trillion Crypto Price Boom Sparks Bullish 2023 Bitcoin Price PredictionBy Billy Bambrough

The bitcoin price has climbed over $22,000 but remains far below its late 2021 peak of almost … [+] $70,000.

Forbes Digital Assets

Meanwhile, bitcoin, ethereum and other major cryptocurrencies appear to have broken their lock-step with the U.S. stock market.

“While the U.S. stock indexes clearly snapped their new-year rally on Wednesday, bitcoin still holds its ground above $20,000,” Yuya Hasegawa, crypto market analyst at Bitbank, said via email.

“The indexes may still go down further to find a local bottom in the next few days, bitcoin will likely be supported at the $20,000 psychological level. In other words, bitcoin’s dip will likely be shallow.”

Tags: bitcoinbitcoin pricebnbcardanoDogecoinethereumethereum pricepolygonSolanaxrp
Share76Tweet47

Related Posts

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto marketing attracted a disproportionate number of Black investors. Here’s why. – Marketplace

by admin
February 3, 2023
0

Crypto marketing attracted a disproportionate number of Black investors. Here’s why.  Marketplace

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Latest Crypto News: IDFC FIRST Bank And ToneTag Partner To Launch CBDC Payments, Indonesia To Launch National Crypto Exchange – Outlook India

by admin
February 3, 2023
0

Latest Crypto News: IDFC FIRST Bank And ToneTag Partner To Launch CBDC Payments, Indonesia To Launch National Crypto Exchange  Outlook India

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

by admin
February 2, 2023
0

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs  Cointelegraph

Power To Your Pets! Animal-Themed Crypto Tokens Continue To Thrive, With Big Eyes Coin Entering Last 48hrs Of Discount, Dogecoin And Shiba Inu Holding Firm

Power To Your Pets! Animal-Themed Crypto Tokens Continue To Thrive, With Big Eyes Coin Entering Last 48hrs Of Discount, Dogecoin And Shiba Inu Holding Firm

by admin
February 2, 2023
0

Meme tokens are a huge oxymoron. The nature of memes is that they tend to phase out and make room...

Bitcoin Pauses. Here’s Why a Recent Trend Suggests a Big Spike Will Hit Friday.

Bitcoin Price Rises With Other Risk Assets. Thank The Fed.

by admin
February 1, 2023
0

Bitcoin and other cryptocurrencies rose Wednesday along with other risk assets after the Federal Reserve hiked rates by a quarter...

Load More
  • Trending
  • Comments
  • Latest

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

March 3, 2022

Bitcoin Is ‘Definitely Not a Fraud,’ CEO of Mobile-Only Bank Revolut Says

March 2, 2022
How online shopping has changed over the last 30 years | National

How online shopping has changed over the last 30 years | National

April 6, 2022
Protocon Announces ‘Contract Model’, an Alternative

Protocon Announces ‘Contract Model’, an Alternative

April 6, 2022

US Commodities Regulator Beefs Up Bitcoin Futures Review

0

Bitcoin Hits 2018 Low as Concerns Mount on Regulation, Viability

0

India: Bitcoin Prices Drop As Media Misinterprets Gov’s Regulation Speech

0

Bitcoin’s Main Rival Ethereum Hits A Fresh Record High: $425.55

0
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

A Fractured Framework: Regulatory Actions Against Mango Token … – JD Supra

February 4, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

How to use caution when investing in cryptocurrency – Chattanooga Times Free Press

February 3, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Bitcoin set to end week 1% higher after Fed meet, but strong jobs … – Seeking Alpha

February 3, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

Crypto marketing attracted a disproportionate number of Black investors. Here’s why. – Marketplace

February 3, 2023

Latest News

Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

A Fractured Framework: Regulatory Actions Against Mango Token … – JD Supra

February 4, 2023
Bitcoin pro traders warm up the $24K level, suggesting that the current BTC rally has legs – Cointelegraph

How to use caution when investing in cryptocurrency – Chattanooga Times Free Press

February 3, 2023

Categories

Site Navigation

  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms and services
  • Home
  • About us
  • Contact us
  • Privacy policy
  • Terms and services

© 2022 Designed by news4global

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Business
  • Latest news
  • Market
  • Regulation
  • Videos

© 2022 Designed by news4global