December 14, 2023Business Desk

Crypto market recovers after Fed rate decision

Bitcoin surged 4.4 per cent in the last 24 hours after the US Federal Bank announced no rate cuts in the last meeting of the year. Bitcoin is currently hovering around $42,800.

Source: Unsplash

Ethereum is also following the Bitcoin trends with a 4.48 per cent spike in the last 24 hours. ETH is currently trading at $2,275 with its YTD returns moving above 90 per cent.

Source: Unsplash

BNB has also gained 0.61 per cent in the last 24 hours and currently trades at $251.

Source: Unsplash

Solana has again recorded a massive surge in its price while surging more than 8 per cent in the last 24 hours. Solana is currently trading above $71 per token.

Source: Solana