On Wednesday, May 28th, the cryptocurrency market experienced more gains than losses. Bitcoin (BTC) saw a modest increase of under two percent on international exchanges, reaching approximately $108,898. While BTC briefly surpassed $111,500 last week, it has since stabilized around the $109,000 mark. Indian exchanges also reflected this upward trend, with Bitcoin prices rising by less than one percent, reaching $110,550. This indicates a general positive movement in the crypto market, with Bitcoin showing signs of resilience after its recent peak. The consolidation around the $109,000 level suggests a period of price discovery and market equilibrium.
Crypto Price Today: Bitcoin, Ether Maintain Profit Streak Alongside Most Altcoins as Market Consolidates
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Crypto Price Today: Bitcoin, Ether Maintain Profit Streak Alongside Most Altcoins as Market Consolidates
On Wednesday, May 28th, the cryptocurrency market experienced more gains than losses. Bitcoin (BTC) saw a modest increase of under two percent on international exchanges, reaching approximately $108,898. While BTC briefly surpassed $111,500 last week, it has since stabilized around the $109,000 mark. Indian exchanges also reflected this upward trend, with Bitcoin prices rising by less than one percent, reaching $110,550. This indicates a general positive movement in the crypto market, with Bitcoin showing signs of resilience after its recent peak. The consolidation around the $109,000 level suggests a period of price discovery and market equilibrium.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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