Crypto Price Today: BTC Price at $83k, Binance News, SEC Round Table, Ripple SEC News

Bitcoin price has surged by 2.94% to 83,442.76, taking its market cap to $1.65 trillion. This move on the BTC price chart has come after ranging between the lows of 80,770.80 and the peaks of $84,247.47. The price spike was mainly influenced by the Federal Reserve’s revelation of its plan to provide liquidity if needed. If the optimism stays alive, we can expect the BTC price to move toward $87k in the short term.

The U.S. SEC and Ripple Labs have jointly filed a motion to pause their appeals in the ongoing legal battle. XRP price has moved up 1.72% in the past 24 hours to $2.02 while also taking its market cap to $118.42 billion. Talking about trading volumes, it has taken a step back of 23.98% with numbers at $3.13 billion. A bullish spike over the weekend could take the XRP price to $2.33.

BNB price has zoomed beyond $585 as the BNB network completes the Lorentz hard fork upgrade on the BNB Chain testnet, reducing the block time to 1.5 seconds while significantly improving the transaction speed and network efficiency. BNB coin is currently trading at $587.12 with a change of 1.35% since yesterday. Its trading volume, however, went down 22% to $1.34 billion. In other news, the Binance lawsuit has been paused for 60 days as the SEC focuses on the New Crypto Task Force.

The crypto market today is up 2.65% to $2.63 trillion as the SEC crypto roundtable explores unified licensing and regulatory clarity. However, the intraday trade volumes have fallen 14.97% to $87.26 billion. Talking about the top cryptos, BTC is up 3.48% at $83,389.84, ETH has soared 1.59% to $1,568.62, and XRP has surged 1.74% to 2.03. The altcoin season continues to remain far from reach, as according to CoinMarketCap’s metric, it stays at 17 out of 100.