Bitcoin, Ethereum, Dogecoin Spike: Analyst Sees Apex Crypto Hitting $28K-$30K In 'Few Days' If This Happens

Bitcoin and other major coins saw a spike in prices Thursday evening as the global cryptocurrency market cap increased 3.7% to $958.2 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC ) 5.3% 9.3% $21,592.42 Ethereum (CRYPTO: ETH ) 4.3% 16.6% $1,233.84 Dogecoin (CRYPTO: DOGE ) 2.8% 6.65% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price IoTeX (IOTX) +13% $0.03 Aave (AAVE) +12.75% $71.1 Storj (STORJ) +11.5% ​​$0.80 See Also: How To Get Free NFTs Why It Matters: Cryptocurrencies were buoyant at press time, as other risk assets like U.S. stocks closed in the green.  The S&P 500 and Nasdaq ended the day higher by 1.5% and 2.3% each. At press time, S&P 500 and Nasdaq futures were down 0.2% and 0.3%, respectively.  Investors will keep an eye on consumer price index data due next week, which would be a cue on whether the U.S. Federal Reserve will continue to raise interest rates aggressively when its policymakers next meet on July 26-27. U.S. jobs data, meanwhile, will come out on Friday. The liquidity contagion affecting cryptocurrency firms has been a driver of markets recently. Miners could be “next on the chopping block,” according to GlobalBlock analyst Marcus Sotiriou. Sotiriou pointed to instances where ... Full story available on Benzinga.com