The post Crypto Price Analysis 9-23 BTC, ETH, SOL, DOGE, DOT, TAO, XRP appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) is inching towards the $65,000 mark after it jumped past $63,000 early on Monday. The world’s largest cryptocurrency has been up over 2% in the past 24 hours and has risen almost 10% over the past week.  Ethereum (ETH) has also continued its upward trajectory and has registered an increase of almost 18% over the past week to march past the $2,600 level. The overall crypto market cap has also registered a jump of nearly 2% to move to $2.25 trillion.  Almost all major cryptocurrencies have started the week in positive territory as the market rallies, with Solana (SOL), Toncoin (TON), Polkadot (DOT), Dogecoin (DOGE), Dogwifhat (WIF), Bittensor (TAO), and FET opening the week in the green.  Crypto Markets Record Growth  The global cryptocurrency market has registered an increase of $220 billion over the past week as the Federal Reserve’s announcement of a 50 basis points rate cut brought a renewed sense of optimism into the markets. Markets responded almost immediately to the rate cut, with Bitcoin (BTC) climbing above $64,000 and other major altcoins like Ethereum (ETH) following suit. In other developments, the United States Securities and Exchange Commission (SEC) approved options trading for BlackRock’s spot Bitcoin ETF. Spot Bitcoin ETFs launched at the beginning of 2024 and have drawn considerable institutional interest as BTC’s popularity continues to soar.  The SEC’s decision is being viewed as a significant step towards the mainstream adoption of BTC by traditional financial markets.  Kamala Harris Makes First Comment On Crypto  Democratic Party’s presidential candidate Kamala Harris finally broke her silence on crypto, promising to encourage investment in artificial intelligence and digital assets. Harris made the comments during a Wall Street fundraiser in Manhattan, stating,  “We will partner together to invest in America’s competitiveness, to invest in America’s future. We will encourage…

---

Filed under: News - @ September 23, 2024 10:21 am