Cryptocurrencies mixed; Bitcoin trades at $77,500
Cryptocurrencies
Cryptocurrencies posted mixed performance during Wednesday’s trading as the ongoing conflict in the Middle East and rising oil prices fueled speculation that policymakers around the world may be forced to raise interest rates.
Traders now see the probability of interest-rate hikes this month exceeding 50% at three major central banks, including around 70% at the Federal Reserve, Bloomberg reported.
Investors poured around $3.5 billion into US-listed spot Bitcoin exchange-traded funds in August, marking the largest monthly inflows since July 2025.
|
Cryptocurrency Price Changes |
|||
|
Cryptocurrency |
Price ($) |
Change ($) |
Change (%) |
|
Bitcoin |
77,534.75 |
269.25 |
0.35% |
|
Ethereum |
2,420.66 |
4.15 |
0.17% |
|
XRP |
1.3479 |
(0.0060) |
(0.44%) |
Prices as of 10:36 a.m. Makkah time.
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