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    QONEQT in Crypto News

    02-Sep-2022 11:52 AM


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    Markets: Bitcoin, Ether, Cardano, Doge gain; Celsius token jumps amid refund reports

    Bitcoin edged above the US$20,000 mark, the price it fluctuated around all week, while Ether rose more than 3% in late afternoon trading in Asia on Friday. Cardano, Dogecoin and Solana all added more than 2%. Celsius rallied over 34% in the past 24 hours.

    Fast facts
    Bitcoin rose 1.14% in the past 24 hours to US$20,115.48 at 4 p.m. in Hong Kong. Ether added 3.41% to US$1,594.20, according to data from CoinMarketCap.

    All of CoinMarketCap’s top 10 tokens by market capitalization rose, with other notable gainers including Cardano adding 2.81%, Dogecoin 2.79% and Solana 2.02%.

    The global crypto market cap rose 1.54% in the past 24 hours to US$986.32 billion at 4 p.m. Hong Kong time.

    Asia equity markets were mixed. The Shanghai Composite Index lost 0.82%, Hong Kong’s Hang Seng Index gained 0.047%, and Tokyo’s Nikkei 225 index fell 0.038%.

    Celsius (CEL) rose 34.13% in the past 24 hours to trade at US$1.54. The native token of Celsius Network, which filed for bankruptcy in July, jumped amid a report on Thursday the company filed a motion to return about US$50 million worth of tokens to some users.

    CEL has taken a rollercoaster ride in the last month with its price ranging from US$0.8 to US$4.46 on speculation Ripple or Goldman Sachs may acquire the crypto lender, as well as reports of a short squeeze by retail investors backing the network.
    Source: Forkast
    #Crypto