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The Economic Times

Surbhi Khanna

Bitcoin trades near $62,000; inflation, geopolitical risks remain key market drivers

Bitcoin Ethereum US Federal Reserve Nischal Shetty Solana Cardano Dogecoin ETF Hyperliquid Tron

Bitcoin is trading close to the $62,000 mark, recovering from around $58,000 a week ago. Despite the rebound, investors remain cautious as inflation, Middle East geopolitical tensions, energy prices and ETF flows continue to shape market sentiment.

In the past 24 hours, Bitcoin was up 1.37% and Ethereum was up 2.30% to trade at $1,754 mark. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano gained upto 6.83%.

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