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    Bitcoin price rises 1.77% overnight

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    The price of Bitcoin (BTC) has risen by 1.77% to $23,551.25 at 9 am Sydney time.

    Bitcoin currently has a market capitalisation of $454.67 billion. 

    Bitcoin’s closest peer Ethereum (ETH) is currently higher by 3.10%, trading at $1,655.11

    Together Bitcoin and Ethereum make up almost 60% of the total cryptocurr ncy market.

    This means that the prices for Bitcoin and Ethereum can indicate the direction of the market more broadly.

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