The prices of cryptocurrencies observed a rise on Saturday after the European Parliament (EP) approved the first set of rules on crypto-related transfers.
Meanwhile, Fitch Ratings Inc. projected that the United States Federal Reserve's quantitative tightening will "significantly" weaken liquidity in the country's commercial banking system throughout the next year, possibly inspiring traders to invest elsewhere.
Bitcoin advanced by 1.26% at 2:24 pm ET to sell for $27,598.364. At the same time, Ether grew by 1.55% to go for $1,877.4657.
