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Bitcoin Trades Near $25k; Solana, Polygon Gains Over 4% As The Market Rallies

The market is trading in green today as Bitcoin and other Altcoins are seeing a jump today as the U.S. CPI inflation data came down to 6%. The U.S. government also shared plans of protecting the citizens from another further banking crisis in the country.

As of writing, Bitcoin price increased by 1.80% in the last 24 hours. Ethereum price increased by 1.71%. Crypto prices today for Cardano rise by 0.14%. Solana price hikes by 4.48%. XRP increased by 1.26%. Polygon is up by 3.07%. Polkadot price escalates by 2.94%. 

The meme cryptos have been seeing an increase, too in the last 24 hours. Dogecoin price jumps by 3.90% whereas Shiba Inu price is up by 2.08%.

The global crypto market cap stands at 1.10 trillion USD, an increase of 1.09% over the past day. The total crypto market volume in the last 24 hours increased by 14.54% and is currently at 102.29 billion USD.

(By Shourya Jha)

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