Connect with us


Business and Brands

Bitcoin Drifts Higher… Fed’s Rates Decision Could Drive It to $18,000 or…

Published

on

Cryptocurrency prices including Bitcoin BTCUSD +0.28%  drifted slightly higher Saturday ahead of an eventful macro week for markets. Highly anticipated inflation data and a likely increase in interest rates from the Federal Reserve will be the main events.

 

Advertisement

Bitcoin was changing hands at $17,174 on Saturday, up 0.1% over the past 24 hours, according to CoinDesk. The price of the cryptocurrency fell three of the past five days while stocks also had a difficult week. Ether ETHEUR +0.51%  the second-largest cryptocurrency by market value, was up about 0.3% on Saturday to $1,272.

READ ALSO:   Polaris Bank pays Extra N5 for every Dollar remitted to Nigeria

Details later…

Advertisement
Advertisement

Also Read...