Crypto Price Today LIVE: Bitcoin stays at $23,000; BNB & Polkadot add up to 4%

economictimes.indiatimes.com:

Bitcoin held about the $23,000 mark but the hawkish comments from the Fed member spooked the traders. Fed indicated that it would continue rate hikes to control the bewildering inflation amid the recession buzz. All the top crypto tokens were trading with decent gains on Friday.

BNB zoomed more than 4 per cent, Polkadot surged about 3 per cent. Dogecoin, Polygon, Uniswap and Tron added 2 per cent each. The global cryptocurrency market cap was trading higher at the $1.08 trillion mark, rising marginally higher in the last 24 hours.

However, the total trading volume dropped more than 4 per cent, close to $63.31 billion. The crypto market traded slightly lower on Thursday as uncertainty spills from legacy markets, but bulls still have the upper hand in the market, said Edul Patel, CEO and co-founder, Mudrex. «Bitcoin's current support is at $22,000, while the resistance is at $23,000.