The crypto market traded marginally bullish on Thursday as the market capitalization gained 1.67% to close at 2.812 trillion dollars, representing a 46.26 billion dollar gain, while Bitcoin gained 0.15 to close at 65,020.43 dollars.
In the same vein, Ethereum recorded a 2.4% gain to close at 4,745.22 dollars.
However, Bitcoin had hit a new peak on Wednesday after the Bureau of Labour statistics revealed that the US consumer prices grew at the quickest pace in over 30 years, in October 2021, fueling inflationary fears with increased buying sentiments in the market.
On the other hand, XRP gained 2.04% on Thursday to close at 1. 21796 dollars as of 10.49 p.m