Bitcoin, Ether fall; all other top 10 cryptos mixed
Bitcoin prices fell below US$30,500 in the past 24 hours while its trading volume has gained over 20%. Ether also fell. Cardano and BNB were the day’s biggest losers.
Bitcoin prices fell below US$30,500 in the past 24 hours while its trading volume has gained over 20%. Ether also fell. Cardano and BNB were the day’s biggest losers.
Stablecoin issuer Circle has reduced its workforce and investment in non-core activities.
Bitcoin dropped on Thursday morning in Asia to below US$30,500. Ether and most other top 10 non-stablecoin tokens also logged losses.
Bitcoin trade volumes dropped in the last 24 hours but the token is holding steady above US$30,500. Binance’s BNB token posted the biggest gain while most other top 10 cryptocurrencies traded mixed.
Bitcoin rose on Wednesday morning in Asia to trade above US$30,500. Ether traded flat while most other top 10 non-stablecoin tokens gained. SOL led winners.
Bitcoin breached US$31,000 level in the past 24 hours after falling back to hold above US$30,000. Ether and all other top 10 cryptos gained.
Bitcoin rose on Tuesday morning in Asia, after Standard Chartered predicted the token could reach US$120,000 by the end of 2024. Ether and most other top 10 tokens rose.
The global cryptocurrency industry is valued at US$180 billion, with over 10,000 companies employing a total of 190,000 employees, according to a July 5 report from crypto intelligence firm K33 Research. See related article: Singapore, Thailand clarify crypto rules; NFTs become new cultural frontier Fast facts See related article: South Korea, Singapore, Thailand clarify crypto…
All top 10 cryptocurrencies, including Bitcoin and Ether, drop over the last 24 hours while investors brace for more interest rate hikes in the U.S.
Crypto’s current turmoil in the US stands in stark contrast to other jurisdictions that are paving paths to for the industry to shine, writes Sean O’Connor.