Bitcoin and Ether fell during Asian trading hours on Friday, while the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed with Polkadot’s DOT posting the biggest gains. Asian equities were mixed despite optimistic purchasing managers’ index (PMI) data from Hong Kong and China.
- Bitcoin fell 1.79% to US$23,414 in the 24 hours to 4:30 p.m. in Hong Kong. Ether fell 1.85% to US$1,638, according to CoinMarketCap data.
- DOT was up 2.75% to trade at US$6.70, while the rest of the top 10 cryptocurrencies fell. Polygon’s MATIC saw the biggest loss of 4.11% to trade at US$1.17.
- The global cryptocurrency market capitalization dropped by 1.37% to US$1.07 trillion in the 24 hours to 4:30 p.m. in Hong Kong. The total crypto market trading volume decreased by 5.30% to US$60.52 billion.
- Asian equities were mixed on Friday as markets in Hong Kong and China closed lower despite positive PMI data. The Shanghai Composite slid 0.68%, while the Shenzhen Component lost 0.63% and Hong Kong’s Hang Seng Index closed the trading day down 1.36%. Japan’s Nikkei 225 was up 0.39%.
- The U.S. non-farm payroll data, which is another key indicator for inflation, is set to be released on Friday.