Bitcoin price rises 1.77% overnight
Business news
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.