|Min-Max giorno||13.125,86 - 13.256,21|
|Intervallo di 52 settimane||10.088,83 - 13.256,21|
Ether and other major cryptos spent much of the day in positive territory.
ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology.
Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1.
ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins is increasing, writes CoinDesk analyst Glenn Williams.
Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.
BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings.
ALSO: William Shatner, Star Trek's Captain Kirk, releases an NFT collection and touts the potential of crypto in an entertaining half-hour discussion at CoinDesk's Consensus 2023 conference.
BTC’s recent price drop can be interpreted as “a period of consolidation and a healthy correction after an explosive move upwards past $30,000 over the last several months,” one analyst says.
Advisors can offer a balanced and rational investment strategy that counters the hype when bullishness sets in, Onramp Invest CEO Eric Ervin writes.
Two aspects of the crypto word, blockchain tech companies and exchanges and crypto miners, reveal that M&A activity is strong and that crypto-related companies have converged with the rest of tech, a sign that the digital-asset industry is maturing.
ALSO: Former CoinDesk head of research Noelle Acheson writes that longer-term narratives such as bitcoin's recent store-of-value story matter but that price depends more on fleeting, often fickle sentiment.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The latest price moves in bitcoin (BTC) and crypto markets in context for March 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark. Equity markets also struggled on the Swiss banking giant news.
Over 70% of traders now see the possibility of a 50-basis point rate hike in the March FOMC meeting. Bitcoin has dropped 1.6% in the past 24 hours but remained in range-bound.
DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.
Bitcoin dropped initially after the Bureau of Labor Statistics monthly report but then surged. Ether is up nearly 5%.
This much talked about technical indicator has value, yet doesn’t tell the whole story.
The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network.
Bitcoin and ether were recently trading sideways. Equities declined.
Also: Metaverse tokens surged in January. Equities close higher.
Also: Polygon’s MATIC token gained 8%, while Arbitrum-based decentralized trading platform Vela Exchange's DXP token surged 26%. Equities closed up.
Also: Ether traded flat above $1,600. Equities closed up after solid GDP data.
FTX’s FTT token was up 8% for the day. Equities closed up.