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The Economic Times
The Economic Times
Business
Surbhi Khanna

Bitcoin near $80,000, Ethereum at $2,500 as crypto market absorbs U.S. rate expectations

Bitcoin Crypto Ethereum Tron United States Prateek Gupta Riya Sehgal ETF US Federal Reserve

Bitcoin trades near the $80,000 mark and Ethereum near $2,500 on Monday as lack of a deeper sell-off suggests the market is still digesting the recent change in U.S. rate expectations. The cryptocurrency was trading at $79,486.

In the past 24 hours, Bitcoin was down 0.61% and Ethereum was down 0.25% to trade at $2,495. Among the major altcoins, BNB, XRP, Solana and Dogecoin corrected up to 1.72%, whereas Tron, Hyperliquid and Cardano were up 0.83%.

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