Crypto update: Bitcoin price nears $86,000 after Fed rate decision, Solana ETF launch, and more
Crypto update: The price of Bitcoin neared the $86,000 level on March 20 after United States Federal Reserve’s rate decision sent markets soaring.
The rise was supported by the US Fed decision and news that the US Securities and Exchange Commission (US SEC) had officially dropped its lawsuit against Ripple Labs.
Crypto Price Today: Bitcoin, Ether, Solana, Tether
During the early hours today, on March 20, Bitcoin briefly touched the $87,299 level at 5.50 am, but soon settled close below $86,000.
At 10.10 am, the world’s biggest cryptocurrency was at $85,596.80 — up 3.18 per cent from the previous day, according to data on Coinmarketcap. The market capitalisation of Bitcoin was at $1.69 trillion, with trading volume recorded was at…