Cryptocurrency Market News Highlights 16 Feb: Bitcoin breaches the 24k mark!

February 16, 2023 Updated April 9, 2024

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Crypto Market News Today Highlights: (15 February 2023): No doubt, the interest rate hike by the Federal Reserve comes as a bolt out of the blue for cryptocurrency investors and market players. Several major and prominent cryptos have been responding well after the interest rate announcement on Wednesday. The cryptocurrency market reacted favourably, with the price of Bitcoin (BTC) even breaking through the $24,000 barrier and the rest of the altcoins trading in the green. At the time of writing, the bitcoin price is up to $24,707, which is an 11.76% rise in the last 24 hours.

Crypto Market News Today Highlights

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author

Coingapestaff

About Author

Coingapestaff

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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