Cryptocurrency Market Rises; Bitcoin Rises By 9% & Dogecoin By 12%

Mumbai, 20th June 2022: Bitcoin and Ethereum saw a drop of about 20 percent in the past few days. However, on Monday the cryptocurrency market saw a rise.

According to data from Coingecko, over the past 24 hours the world’s most popular cryptocurrency, bitcoin, gained 9.3 percent was trading at $20,079.48.

Ethereum gained 12.6 per cent and was seen trading at $ 1,082.

Dogecoin gained 12.5 per cent and was trading at $0.08513.

The global cryptocurrency market capital rose to $885.72 billion. During the last 24 hours, an increase of 7 per cent was seen.

The crypto investors are affected as the US Federal Reserve increased the interest rates to control inflation is reducing liquidity in the market.