The price of Bitcoin (BTC) has decreased by 1.34% to $43,159.81 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $844.36 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently higher by 5.32% trading at $2,353.70
Together Bitcoin and Ethereum make up almost 60% of the total cryptocurrency market.
This means that the prices for Bitcoin and Ethereum can indicate the direction of the market more broadly.