Bitcoin and Ethereum prices are rising as they increase by over 5%.


A cryptocurrency is a type of digital asset based on a network spanning many computers. This decentralized structure allows it to exist outside the control of any government or central authority.

Advantages of cryptocurrencies include cheaper and faster money transfers and a decentralized system that does not collapse at a single point of failure. The disadvantages of cryptocurrencies include  price volatility, high energy consumption for mining activities, and use for criminal activities.

Bitcoin, the biggest and most well-known cryptocurrency in the world, rose more than 5% in value Wednesday to trade at $19,427.


Ether, which is tied to the Ethereum Blockchain network, increased by more than 5% to $1,338


Shiba Inu's price increased by more than 3% to $0.000011, while Dogecoin's price increased by almost 4% to $0.06.

The price of BTC has fluctuated between $18,600 and $19,500. A fresh month might witness more rise if BTC closes above $19,500.


Robinhood Markets Inc. announced a partnership with crypto startup Circle to give consumers the ability to purchase and trade the stablecoin.


The market is being influenced by the strengthening of the US dollar, leading to wider controls on stablecoins.

The crypto bear market wiped off some of its profits, as it traded in the $0.02 range for much of the previous quarter.