Bitcoin price rises 1.07% overnight
Business news
The price of Bitcoin (BTC) has risen by 1.07% to $24,793.89 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $478.45 billion.
Bitcoin’s closest peer Ethereum (ETH) is currently higher by 1.18%, trading at $1,705.26
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.