Crypto Market Update: Bitcoin Rises Slightly


Baku: Over the past 24 hours, leading assets in the cryptocurrency market have generally shown positive dynamics.



According to Azeri-Press News Agency, the price of Bitcoin rose by 0.15% over the day to reach 89,527 US dollars. Ethereum also experienced an increase of 0.55%, reaching 2,956 US dollars. The price of XRP rose by 0.67%, while BNB increased by 0.25%.



Among stablecoins, Tether (USDT) saw a minor rise of 0.03%, while USDC remained unchanged. Solana fell by 0.54%, TRON by 3.77%, Dogecoin by 0.67%, and Cardano decreased by 0.04%.



Analysts note that the daily positive dynamics are linked to a short-term technical correction, investors preferring to buy at lower price levels, and a partial recovery of risk appetite.