Crypto Bull Run Incoming? Bitcoin Price Up 7%, Global Crypto Market Rises Above $1 Trillion

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Bitcoin price is up over 7% in the past 24 hours, rising above the $22k support level and currently trading at $22,843. Ethereum price continues to outperform Bitcoin, presently trading at $1,622, up over 10% in the past day. With the recent rise in Bitcoin and Ethereum prices, the global cryptocurrency market cap is once again above the $1 trillion level, signaling a potential bullish market reversal. Key Points: Bitcoin rises overnight, establishing newfound support at $22k. Ethereum continues to outperform Bitcoin in price action. After the rate hike, Fed announced a slowdown in upcoming monetary action. Stock markets saw

The post Crypto Bull Run Incoming? Bitcoin Price Up 7%, Global Crypto Market Rises Above $1 Trillion appeared first on The Merkle News.

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