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Crypto Price Today Live: Bitcoin holds $19K; XRP, Shiba Inu & Doge zoom up to 9%

NEW DELHI: Crypto tokens have been trading volatile ahead of the much-anticipated outcome of the US Federal Reserve meeting, where the central bank is expected to announce another hike of at least 75 basis points.

Bitcoin barely held the $19,000 mark while Ethereum was back in the red. Any surprise from the US Federal Reserve could lead to another sell-off in the crypto space, experts believe.

XRP was a standout gainer, up 9 percent, while Dogecoin, Shiba Inu, and Cardano were each up 2 percent. Bitcoin, Polygon and Avalanche each fell over a percent.

The global cryptocurrency market cap traded marginally lower at $926.78 billion, falling about half a percent over the past 24 hours. However, total trading volume fell over 9 percent to nearly $67.86 billion.


What is cooking in India
NFT platform Rario today announced the exclusive partnership of India’s T20I team youngster Arshdeep Singh with the platform to launch his own non-fungible tokens (NFTs).

In other news, cryptocurrency exchange BuyUcoi has announced a strategic partnership with cricket NFT platform Jump.trade to enable seamless monetization of NFTs on its marketplace.

Global updates

  • Huobi Global, a crypto exchange registered in the Republic of Seychelles, is enabling the purchase of cryptocurrencies with fiat currency in Latin America through a partnership with online payment solution AstroPay.

  • Venture capital firm Andreessen Horowitz (a16z) led the $51.5 million Series B funding round for Sardine, a real-time fraud prevention product for FinTech and Web3 clients.

  • Digital Transformation Capital Partners, which began as the venture capital arm of German telecommunications company Deutsche Telekom and operates independently, has completed the first closing of its latest fund with $300 million in committed capital.

Tech view of BuyUcoin cryptocurrency exchange
Ether crashed after the merger. The world’s most popular altcoin, Ether, is down over 16 percent over the past 7 days as pressure mounts on crypto assets ahead of the next Fed meeting.

etherET STAFF

The movement of Ether prices should not be coupled with the merger as the current price fluctuations are mainly driven by the macroeconomic factors surrounding the financial market.

Another rate hike will be on the table at today’s Fed meeting, according to some media reports, keeping investors on their toes. Any easing in monetary policy over the coming weeks will prove beneficial to the overall crypto market.

(The views and recommendations contained in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial advisor before taking a position in the assets mentioned.)

https://economictimes.indiatimes.com/markets/cryptocurrency/crypto-prices-today-live-news-bitcoin-dogecoin-ethereum-shibha-inu-cryptocurrency-latest-updates-21-september-2022/articleshow/94341149.cms Crypto Price Today Live: Bitcoin holds $19K; XRP, Shiba Inu & Doge zoom up to 9%

Russell Falcon

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