The price of Bitcoin (BTC) has risen by 0.20% to $16,859.74 at 9am Sydney time.
Bitcoin currently has a market capitalisation of $324.61 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently higher by 0.003%, trading at $1,252.53
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.