Investors Optimistic: Bitcoin Rebounds, Ethereum Remains Held, Ripple Moves Higher
The crypto market showed renewed signs of optimism on Tuesday. Bitcoin (BTC) rebounded and moved above the US$110,000 level, indicating potential for recovery after a decline of around 5% last week. This reflects continued high investor confidence ahead of the US Federal Reserve's interest rate decision.
Meanwhile, Ethereum (ETH) experienced a slight correction of 0.62%, with its price hovering around US$4,378 (approximately Rp72 million), despite a 30% surge in trading volume in the past 24 hours. Ripple (XRP) on the other hand, exhibited a bullish trend: its price rose around 2%, trading at US$2.80, with daily trading volume increasing by 37.75%, indicating strong investor interest awaiting further momentum.
Overall, the crypto market today showed a combination of stabilization and fluctuations. BTC is showing potential for technical recovery, ETH is consolidating with high liquidity, and XRP is gaining attention through a surge in trading volume. The upcoming Fed interest rate decision is expected to be a major catalyst for future movements, so investors are advised to follow developments closely.
Source: Newsmaker.id