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Crypto Price Today: Bitcoin falls below $31,700; Shiba Inu, XRP decline up to 2%

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Crypto Price Today

The Crypto Price Today markets were majorly trading in the red in Thursday’s trade amid rising concerns of further policy tightening by the US Federal Reserve.

Bitcoin (BTC) declined 0.57% to $30,631, whereas Ethereum (ETH) was just above the $1,900 level. BTC volume stood at approximately $12.97 billion, rising 18% in the last 24 hours.
Crypto Price Today: Bitcoin falls below $31,700; Shiba Inu, XRP decline up to 2%

“After the release of the FOMC minutes, Bitcoin saw a decline in its value. However, positive remarks from the CEO of BlackRock prevented further losses, and the cryptocurrency remained stable,” Edul Patel, Co-founder and CEO at Mudrex, said.

Meanwhile, CoinDCX Research Team stated, “Bitcoin is holding above the $30,500 levels after the market is awaiting a decision from the Securities and Exchange Commission (SEC) on refiling for the spot Bitcoin exchange-traded fund (ETF).”

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