Bitcoin Price Today: The consumer price index (CPI) data was released yesterday by the U.S. Department of Labor Statistics which came to be more than expected at 6.2%. However, inflation dropped to 6.4% in the month of January, thus, indicating a cooldown. The crypto market went negative for a while, however, is trading in green now.
As of writing, Bitcoin price increased by 1.86% in the last 24 hours.
The global crypto market cap stands at 1.03 trillion USD, an increase of 2.41% over the past day. The total crypto market volume in the last 24 hours increased by 5.20% and is currently at 58.60 billion USD.
Bitcoin (BTC) increases by 1.86%
The world’s largest crypto, Bitcoin decreases by 1.86% in the last 24 hours, thus, taking the market cap to 42.72 billion USD. Each BTC is trading for 22,145 USD. Trading volume in the last 24 hours is up by 18.24%. The dominance of Bitcoin has decreased by 0.29% as compared to the previous day and stands at 41.56%.
Also read: Bitcoin (BTC) Reversal After U.S. CPI Data Set To Trigger $25K?
In the last 7 days, Bitcoin fell as low as 21,460 USD and went as high as 22,996 USD. It has decreased by 67.81% from its all-time high in November 2021. The price of BTC has increased by 1.70%, that is, 369 USD as compared to the previous day.
Bitcoin Price In Different Countries
BTC Price in India
Each BTC token is selling for INR 18,35,078.
BTC Price in Singapore
The price of each BTC token in Singapore is currently 29,537 Singapore dollar.
BTC Price in Dubai
In Dubai, you can buy BTC for 81,340 UAE Dirham.
Also read: Beware of FTM Price Rally, Fantom Whale Addresses Are Dumping
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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