According to CoinGecko, the cyptocurrency prices with Bitcoin trading reaches about $ 19,000 target mark. The global cryptocurrency market was down to $1 trillion; even though it was in peak in the last 24 hours to $910 billion.

Besides, Ether gained more than a percent to $1,073. On the other hand ogecoin price reached trading three percent higher at $0.06 whereas Shiba Inu gained marginally to $0.000010.

As per reports, other crypto prices rose high as XRP, Solana, BNB, Litecoin, Stellar, Chainlink, Tron, Uniswap prices were trading with gains over the last 24 hours, whereas Polygon, Apecoin, Tether saw downfall.

Due to Federal Reserve rate hikes and stubbornly high inflation cryto has suffered this year.
After crypto’s last two-year hibernation ended in 2020, the sector spiked to around $3 trillion in total assets last November, before plunging to less than $1 trillion.

According to Voyager Digital, a cryto lender , it has suspended withdrawals, trading and deposits to its platform and later said it it’s pursuing strategic alternatives and that it’s focused on protecting assets and maximizing value for all customers as quickly as possible.

The new formula comes after the company issued a default notice to embattled hedge fund Three Arrows Capital (3AC) for the fund's failure to make required payments on a loan.

Bitcoin, the largest and most well-known cryptocurrency, is down 58 percent in the first six months of 2022, its worst first half of year showing ever as digital assets have struggled since US based lender Celsius Network suspend withdrawals.