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Cryptocurrency prices today: Check rates of Bitcoin, Ethereum, Dogecoin, Solana

Business

Bitcoin is sitting at $112,218 this Wednesday morning, while Ethereum trades at $4,140.
Investors are watching for any hints about interest rate cuts after Jerome Powell's recent comments leaned slightly hawkish.
Meanwhile, more than 73,000 BTC have landed in new wallets and social media is buzzing with "buy the dip" energy—so there could be fresh money coming in.

Bitcoin needs to reclaim $114,000 mark soon

Right now, Bitcoin is hovering above key moving averages and looks stable. The technical indicators suggest there's room for upward movement if momentum picks up.
Experts say it's important for Bitcoin to climb back over $114,000 with strong buying support; otherwise, it could slip toward the $110,000-$106,000 range because of current market pressures.