India, June 24 -- Cryptocurrencies are trading on a mildly positive note while global markets attempt to recover from a tech rout triggered by worries about rate hikes by the Federal Reserve and corporate investment in Artificial Intelligence. The Dollar's strength continued to weigh on sentiment.
BTC traded between $63,024 and $61,893 in the past 24 hours. Overall crypto market capitalization increased a little more than a quarter percent during the same period.With markets pricing in rate hikes by the Federal Reserve, the six-currency Dollar Index which measures the U.S. Dollar's strength against a basket of 6 currencies has firmed up further. The index is currently trading at a 52-week high of 101.64, rising 0.23 percent from 101.41 at ...