Mixed dynamics have been observed in the cryptocurrency market over the last 24 hours.
“Elchi” reports that, according to the “CoinMarketCap” platform, Bitcoin has increased by 0.40% over the last 24 hours, rising to 77,509.25 US dollars.
Ethereum fell by 0.51% to 2,507.04 dollars, BNB decreased by 0.78% to 721.82 dollars, Zcash dropped by 2.48% to 1,106.14 dollars, and Monero declined by 3.50% to 522.40 dollars. Bittensor rose by 0.38% to 235.21 dollars, while Bitcoin Cash decreased by 0.70% to 223.38 dollars.
A decline was also recorded in gold-backed cryptocurrencies. PAX Gold (PAXG) fell by 0.52% to 4,333.14 dollars, and Tether Gold (XAUT) dropped by 0.49% to 4,329.03 dollars.
The CoinMarketCap 20 index increased by 0.09% over the last 24 hours, reaching 160.55 points.
Cautious dynamics in the cryptocurrency market are being observed ahead of the FED meeting to be held this week. Against the backdrop of August inflation in the US being higher than expected, markets estimate the probability of the FED raising interest rates by 25 basis points at approximately 86%. In addition, rising tensions in the Middle East and Brent crude oil exceeding 107 dollars are increasing pressure on risky assets.