Cryptocurrency prices are rising today: Bitcoin and Ether gain more than 2%. Check the latest rates

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In cryptocurrencies, the world’s largest and most popular digital token Bitcoin is trading more than 2% higher at $17,230. The largest token is down three-quarters from its all-time high of $69,000. The global cryptocurrency market capitalization remained below the $1 trillion mark today, even though it rose more than 2% in the past 24 hours to $896 billion, according to the data. from CoinGecko.

On the other hand, Ether, the coin linked to the Ethereum blockchain and the second largest cryptocurrency, also gained more than 3% to $1,281. Meanwhile, dogecoin price was trading up more than one percent today at $0.09, while Shiba Inu was up at $0.000009.

Bitcoin has consolidated above the $17,000 level in the past 24 hours. Even though BTC reached the $17,424 mark, the surge could not last long as the bears suddenly took over. The next immediate support for BTC would be found at the $17,000 level, while resistance lies above the $17,400 level. On the other hand, Ethereum is trading at the $1,281 level. Further growth is only possible if the rate reaches the $1,300 area and settles there,” said Edul Patel, CEO and co-founder of Mudrex.

Today, the performance of other crypto prices also improved as the prices of Binance USD, Avalanche, Tether, Terra, Solana, Polygon, ApeCoin, Stellar, XRP, Cardano, Uniswap, Polkadot, Chainlink, Litecoin, Tron were trading with gains over the past 24 hours.

The U.S. securities regulator on Thursday advised public companies to consider whether they should disclose to investors any potential impact of turmoil in the cryptocurrency industry, Reuters reported.

Advice from the Securities and Exchange Commission’s (SEC) corporate finance division – responsible for ensuring that public companies provide investors with key information – is the latest sign that regulators are on high alert for further new fallout following the collapse of major crypto firms including FTX and BlockFi Inc.

FTX’s collapse last month was the most shocking in a series of closures of key market players this year, including Celsius and Voyager, top tokens terraUSD and Luna that have rattled investment sentiment and wiped out 1 $.5 trillion in cryptocurrency market capitalization.

The opinions and recommendations made above are those of individual analysts or brokerage firms, and not of Mint.

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