News

27 Aug 2025

Cryptocurrencies rise as expectations of US monetary easing grow

Most cryptocurrency prices rose during Wednesday's trading, as market expectations grew for a Federal Reserve interest rate cut at its September 16-17 meeting.

Bitcoin rose 0.2% to $111,217.76, accounting for approximately 57.3% of the total cryptocurrency market value.

While Ethereum, the second-largest cryptocurrency by market capitalization, rose 0.65% to $4,602.24, Ripple fell 0.75% to around $3,013.

The global cryptocurrency market capitalization stands at $3.87 trillion, with total trading volume over the past 24 hours reaching $178.72 billion, according to CoinMarketCap data.

According to data from El Salvador's Bitcoin Office, the country has acquired an additional 31 cryptocurrencies over the past 30 days, bringing its total holdings to 6,281.18 Bitcoin, worth $699 million

Latest News

#News 27 Aug 2025
Dollar rises despite concerns about Federal Reserve independence

The US dollar rose on Wednesday, although gains were limited by concerns about the independence of t...

Read More
#News 27 Aug 2025
The United States imposes new tariffs against 10 countries

The U.S. Department of Commerce has decided to impose anti-dumping and countervailing duties on 10 c...

Read More
#News 27 Aug 2025
Progress on EU-US trade deal

The European Union is moving to expedite legislation by the end of the week that would eliminate all...

Read More
#News 27 Aug 2025
The euro fell to a two-week low against the US dollar

The euro fell on Wednesday against a basket of global currencies, trading near a two-week low agains...

Read More
arrow
واتس آب