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Bitcoin rose 1% to around $21,000 over the past 24 hours after the Genesis bankruptcy news hit the wires. Ether rose 2% to $1,545, CryptoX data shows. Traders weren’t surprised by bitcoin's and ether's resilience following the news. “The market appeared to expect the Genesis bankruptcy filing for the last
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Ether was recently changing hands over $1,300, up almost 17% from Wednesday, same time. All other cryptos in the top 20 by market capitalization were feeling more like themselves again, rising well into the double digits as FTX and inflation fatigue waned – at least temporarily. Even FTX’s beleaguered FTT
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After surging to as high as $20.9k, Bitcoin has today observed a slight decline back into the low $20k levels as a
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In commodities, West Texas Intermediate crude and European Brent crude fell 3.7% and 1.5% respectively. Safe haven gold declined 0.47%. Copper futures, often viewed as an indicator of economic health, declined 1.7%. Year to date, copper prices are down approximately 25%. Source
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The latest price moves in crypto markets in context for Sept. 26, 2022. First Mover is our daily newsletter putting the latest moves in crypto markets in context. Original Source
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BTC remains resilient despite challenging macroeconomic narrative. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets. Original Source
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●Bitcoin (BTC): $21,705 +0.8% ●Ether (ETH): $1,681 +1.6% ●S&P 500 daily close: 4,140.77 +0.3% ●Gold: $1,765 per troy ounce +1.1% ●Ten-year Treasury yield daily close: 3.11% +0.05 Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index
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First Mover Asia: Crypto Sell-Off Due to Fed Hawkishness, Possible Jump Dump of ETH, Says QCP Capital; Cryptos Decline Slightly in Monday Trading Source
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A mild sense of hope emerged among Bitcoin (BTC) investors after the June 18 drop to $17,600 becomes more distant and an early ascending pattern points toward $21,000 in the short-term.Bitcoin 12-hour USD price at FTX. Source: TradingViewRecent negative remarks from lawmakers continued to curb investor optimism. In an interview
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