Bitcoin, Ether flat; altcoins drop amid FTX liquidation
Bitcoin dipped on Monday morning in Asia to trade at around US$26,500. Ether also moved lower but held the US$1,600 support level.
Bitcoin dipped on Monday morning in Asia to trade at around US$26,500. Ether also moved lower but held the US$1,600 support level.
Bitcoin hit a weekly high of US$26,750 after Deutsche Bank announced plans to offer crypto custody services for institutional investors, days after Standard Chartered launched its own institutional crypto wing.
All top 10 cryptos gained in Thursday afternoon trade in Asia, except Toncoin.
Toncoin led gainers in the top 10 cryptocurrencies by market capitalization, rising over 13% after the project announced its partnership with Telegram. Bitcoin and Ether were little changed during afternoon trading in Asia, but market analysts are looking at September as a period for strategic Bitcoin accumulation. See related article: Weekly Market Wrap: ETF developments…
Bitcoin remained under US$26,000 and Ether dropped below US$1,600 in Tuesday afternoon trade in Asia.
Bitcoin started the week below US$26,000 while Ether dropped to US$1,611. Toncoin and XRP lead losers in the last 24 hours.
There was red ink across the crypto market Monday morning in Asia as Bitcoin dipped below US$26,000. Ether also fell to near the US$16,000 mark.
Bitcoin rose in afternoon trading in Asia, leading the gainers in the top 10 cryptocurrencies, fueling a wider market recovery as it returned to the US$26,000 support level. Despite the uptick, market experts warn of another potential drop to US$25,000. See related article: Weekly Market Wrap: Grayscale’s favorable court verdict, ETF hype fail to lift…
Bitcoin rose Friday morning in Asia to above US$26,000, leading a rally across most top 10 cryptos. Ether gained but was still below US$1,650.
Toncoin led gainers in the top 10 cryptos after it saw stronger investor interest since the launch of its new programming language, Tact.