Crypto Moves — Bitcoin and Ethereum rise; Australia’s central bank launches digital currency project

RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Tuesday, rising by 2.33 percent to $23,889 as of 8:03 a.m. Riyadh time.

Ethereum, the second most traded cryptocurrency, was priced at $1,779 rising by 3.87 percent, according to data from Coindesk.

Australia’s central bank launches digital currency project

The Australian central bank announced on Tuesday that it will conduct research into the possibility of a central bank digital currency in Australia, according to Reuters.