Crypto markets witness extreme volatility amidst interest rate hikes and soaring inflation.
Major cryptocurrencies are trading in the green on Thursday, September 29, after reversing course from the previous day. Bitcoin and Ether both have gained more than 3% in the past day. BTC is currently trading at $19,359.76 and is up by 3.32% in the last 7 days, while ETH trades at $1,325.99, with a gain of more than 5% in the past week.
XRP is also up 2.78%, continuing its recent rally ahead of the Ripple vs. SEC verdict. SOL is up by 3.49%, while ADA and DOGE are up by 0.47% and 1.85%, respectively.