Bitcoin’s price began to rise – but not significantly, but nonetheless. The world’s most popular cryptocurrency saw an average 6.5% increase in price, which pushed the rate up to $ 22,000. This is all against the backdrop that rumors are circulating that the US Federal Reserve will increase interest rates by 50 to 75 basis points at its next meeting. Bitcoin gained over 11% in less than a week.
Other cryptocurrencies are also growing. Ethereum’s price has risen by 5.5% per daily (but its growth over the past week has been more than 16%). This is about the same as XRP’s growth. The capitalization of the crypto market has increased to $1 trillion. At the moment, it is $961 billion.