Bitcoin price rises 3.15% overnight
Market Update
The price of Bitcoin (BTC) has increased by 3.15% to $43,150.13 at 9 am Sydney time.
Bitcoin currently has a market capitalisation of $846.29billion.
Bitcoin’s closest peer Ethereum (ETH) is currently higher by 2.80% trading at $2,312.56.
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.