Crypto price chart

Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License Latest Cryptocurrency News on Bitcoin, Litecoin, Ripple, Ethereum and Dogecoin At present, the global crypto market capitalization is firmly standing at $1.27 trillion. Last time, the crypto market recorded smaller positive signs due to relief in macroeconomic activities which has led the cryptocurrency price to rally. The main reason was due to the Federal Reserve’s approach towards a hike in interest rates, rising trust towards decentralized finance after the banking fiasco in the U.S. or to avoid recession, or the cryptocurrency market got huge support from such factors and raised positive outlook for the rest of the year.  

How does Ledger calculate crypto prices? New cryptocurrencies called stablecoins aim to have stable values and therefore make it easier to conduct digital payments. Facebook plans to issue its own cryptocurrency, called Diem, that will be backed one for one with U.S. dollars, giving it a stable value. But the value of stablecoins comes precisely from their backing by government-issued currencies. So while dollars might become less important in making payments, the primacy of the U.S. dollar as a store of value will not be challenged.