Bitcoin price increased by 0.91 per cent to $39,099.43. However, Bitcoin trading was low as investors assessed the unpredictable scenario.
Bitcoin and other cryptocurrencies rose ahead of the statement of the US Federal Reserve System. Furthermore, according to coindesk, the price of Bitcoin has remained below $40,000 for the time being.”The global crypto market and trading volume rose a day before the U.S Central Bank announces its take on hiking the interest rates. Bitcoin, Ethereum and other top cryptos have also witnessed a spike in the past 24 hours,” Edul Patel, CEO and Co-founder, Mudrex said. “A similar upward trend is likely to continue this week,” Patel further added. Read More…