The prices of Bitcoin and Ether increased on Wednesday afternoon in the Asian trading market, along with the top ten non-stable cryptocurrency coins. Solana saw an impressive 18% surge following the launch of a new token. Cardano BNB also had a 3.63% boost.
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Quick Facts
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In the 24 hours ending at 4 p.m., Bitcoin was up by 0.83% to $16,817, according to CoinMarketCap, while Ether had a 2.78% gain to trade at $1.251.
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The tenth largest non-stable cryptocurrency, Solana, experienced an 18.45% gain in the past 24 hours to reach $14.12 due to the launch of Bonk, a canine-focused token. The coin released half of its token supply last Wednesday, resulting in a 39.22% surge over the past calendar week.
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Cardano BNB saw a 3.63% increase to $255.26, while the US dollar strengthened by 4.69%.
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Asian stock markets were mixed, with investors looking for signs of change in interest rates prior to the Federal Reserve Minutes of meetings being released on Wednesday.
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Hong Kong’s Hang Seng Index closed 3.22% higher, and the Shanghai Composite Index advanced by 0.22%, while Japan’s Nikkei 225 dropped 1.45% due to a decline in infrastructure activity in December, the highest in 26 years.
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