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Home»CRYPTO NEWS»Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K
CRYPTO NEWS

Bitcoin Surges on Inflation Tailwinds, Hovers Near $21K

Aaron PaulBy Aaron PaulJanuary 16, 2023Updated:January 16, 2023No Comments1 Min Read
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Ether followed a similar pattern to Bitcoin, continuing its late-week momentum into Saturday, posting two-month highs before falling slightly. ETH recently traded above $1,550, about the same time it was trading a day earlier. FTT, the token of troubled crypto exchange FTX, recently surged 35%, trading just above $2, while other major cryptocurrencies have risen by a few percentage points and others have fallen. it was done. Seven months ago, FTT was trading above $35. Despite being entwined with the FTX debacle, SOL, the token on the Solana blockchain that has been on the rise over the past few weeks, has fallen about 5%.



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