Thursday, November 7, 2024
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Bitcoin BTC Price Lingers Near $29.2K, as Investors Mull Latest Industry Woes; CRV Sinks 12.5%

Bitcoin was recently outperforming Ether, the second largest crypto in market value, and other major altcoins by market capitalization. ETH was changing hands at $1,853, down 0.5% from Sunday, same time. SOL, TRX and MATIC, the tokens of smart contract platforms, Solana, Tron and Polygon, were recently off 1.8%, 2.3%

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Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Lingers Below $21.9K

Ether, the second largest crypto by market cap, behaved similarly, dropping from its previous support comfortably above $1,600 to about $1,546, a 6.6% decline from Wednesday same time, that was part of a wider market downswing. The drop-off after a five-week spike began after Coinbase CEO Brian Armstrong tweeted Wednesday

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