Cryptocurrency prices are rising across the board. Ether rose about 6% from 24 hours earlier.
As of 8:20 a.m. on the 10th, Bitcoin was up 1.84% from 24 hours earlier at $92,978 on CoinMarketCap, a global coin market tracker. Bitcoin at one point reclaimed the $94,000 level.
Ether, the No. 2 by market cap, is trading at $3,322, up 5.97%. Solana is up 3.58% at $138, and Ripple is up 1.49% at $2.11.
With the U.S. Central Bank Federal Reserve (Fed) set to decide rates in a day, expectations for a rate cut appear to have lifted cryptocurrency prices. The market expects the Fed to cut rates by 0.25 percentage points.
※ This article has been translated by AI. Share your feedback here.