Bitcoin rises above $80,000 as markets digest crypto bill setback and Fed rate hike
According to cnBeta, Bitcoin rose above $80,000 as markets digested the setback to a crypto bill and the Fed rate hike. Bitcoin briefly gained about 5.2% to roughly $80,443 and Ethereum jumped about 5.1% to around $2,576, with the overall crypto market cap up over 2.2% to $2.66 trillion.
Key facts
- 01Bitcoin rose to about $80,443, up around 5.2% intraday.
- 02Ethereum rose to about $2,576, up around 5.1%.
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