Thursday, July 14, saw US inflation reaching a four-decade high. Within the past 24 hours, the crypto market cap has increased by 1.52 percent to $896.46 billion.
Bitcoin recovered to surpass $24,000 within a few days. Cryptocurrency market cap website CoinMarketCap shows the Bitcoin price as $24,837.01, an increase of 2.84 percent over the past 24 hours.
On the day, Ethereum surpassed $1100. Over the past 24 hours, Ethereum price has fallen by 4.21 percent from $1,100.31 to $1,100.31.
It had been in the red for five consecutive days before yesterday's gains. Ethereum's 12-hourly trend has formed an ascending channel pattern.
A daily RSI over 40 indicates a buying trend. According to the analysts, Ethereum's next key resistance is expected at $1280, and its immediate support is $890.
A gain of $2,084.95 or 2.84 percent in the last 24 hours has been achieved by Bitcoin $20,037.01
Bitcoin
There was a gain of $1,100.31 in Ethereum's price in the last 24 hours, which is 4.21 percent
Ethereum
A gain of $0.9994 has been recorded by Tether in the last 24 hours or a gain of 0.02 percent
Tether
In the last 24 hours, BNB has increased by $230.37, or 2.97 percent, from its previous closing price
BNB
There has been an increase of $0.3214 or 2.24 per cent in the price of XRP in the last 24 hours
XRP
In the last 24 hours, Cardano's price climbed $0.4289 or 1.40 per cent in the last 24 hours
Cardano
As of today, the Solana stock has gained $34.44 or 3.63 per cent, as compared to yesterday
Solana
The Dogecoin price gained $0.06087 or 0.14 percent over the last 24 hours, when the coin was last traded