Bitcoin edged slightly higher over 24 hours on Tuesday, while Ethereum and Dogecoin lost some ground, as the global cryptocurrency market cap rose 0.1% to $1.7 trillion at press time.
Coin | 24-hour | 7-day | Price |
---|---|---|---|
Bitcoin (CRYPTO: BTC) | 0.6% | 0.8% | $38,768.91 |
Ethereum (CRYPTO: ETH) | -0.8% | 0.9% | $2,550.19 |
Dogecoin (CRYPTO: DOGE) | -1.6% | -5.1% | $0.11 |
Cryptocurrency | 24-Hour % Change (+/-) | Price |
---|---|---|
THORChain (RUNE) | +15.7% | $7.63 |
eCash (XEC) | +10.6% | $0.000081 |
The Graph (GRT) | +7.2% | $0.36 |
See Also: How To Buy Bitcoin (BTC)
Why It Matters: U.S. Treasuries yields touched their highest levels in two-and-a-half years on Tuesday ahead of a possible rate hike by the Federal Reserve. The benchmark 10-year yields touched 2.169%, a level not seen since June 2019, according to a Reuters report.
“Bitcoin remains trapped in a tight range despite improving sentiment for risk. The surge in Treasury yields over the past week has handcuffed Bitcoin, and tomorrow’s (Federal Open…