The crypto prices today also witnessed an upward momentum, continuing gains from the previous sessions, suggesting that investors are still putting their bets on the digital assets’ space. The market has been in positive territory throughout the week, indicating an increasing confidence of global investors in the crypto segment.
In addition, Fed Chair Jerome Powell’s hawkish comment also failed to dampen the market sentiment this week. Powell hinted that the central bank might consider another rate hike as soon as in March to bring down the inflation within their 2% target range.
Talking about the crypto prices, Bitcoin price witnessed gains of 0.75% to trade at $37,054.61 during writing, with its trading volume declining 36.04% to $22.35 billion. Notably, the largest crypto by market cap has added nearly 7% over the last seven days.
However, some of the other cryptos also noted declines on Saturday, November 11. For instance, the Ethereum price was down 3.79% to $2,047.55, with it
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