Why Cryptocurrencies Are Rising: Nearly 15% Increase in Ethereum (ETH) in the Last 24 Hours

The total value of the cryptocurrency market has increased by about 6% in the last 24 hours, rising to $ 1.153 trillion.

Inflation data announced on 10 August After 3 months, it came below expectations brought relief to the markets. In this process, it gave good profits to many crypto money investors.

Also in September to be held in the 3rd week For this reason, it is thought that the Fed may go to a lower rate hike at the rate meeting.

Many analysts and commentators mid September market is expected to rise. In this process, Bitcoin to the level of 28 thousand dollars As for Ethereum to $2,000 levels is expected to rise.

The altcoin that has risen the most in the last 24 hours has been the “bankrupt” Celsius native token CEL, which is due to Ripple Labs. request to buy the companyconsidered as i.

The Merge update is coming on Ethereum It has become one of the most rising cryptocurrencies today. Ethereum has risen close to 15% in the last 24 hours. 2 month high reached.

Who can’t get rid of “hack” incidents wither On the other hand, with a 12% increase, it made its investors smile.

  • The information contained in the content is definitely not investment advice.

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