Bitcoin price rises 0.10% overnight
Market Update
The price of Bitcoin (BTC) has increased by 0.10% to $42,209.16 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $826.12 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently lower by 0.697% trading at $2,221.53
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.