News Formal

Market Wrap: Cryptos Recover Slightly From FTX Fatigue With a Dose of Encouraging Inflation Data

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

$BTC and other cryptos regained ground lost due to FTX when the latest CPI showed inflation down by more than expected. Investors hope the Federal Reserve will soon ratchet back its monetary hawkishness. JPRubin23, and _jocelynyang_ report

was recently trading near $18,000, a more than 13% increase over the past 24 hours that made its Wednesday plunge below $16,000 – to a level not seen since late 2020 – seem antiquated.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 token, whose accumulation by the exchange’s sister company Alameda Research ignited the current mess, was up over 50% to $3.40.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

JPRubin23 _jocelynyang_ Since the beginning of $BTC's mission is to fight the dominance of paper money, if you continue to sell your assets, shares or crypto, the intrinsic value of the dollar will continue to increase.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 291. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos SpiralingCrypto prices whipsawed following the announcement that exchange giant Binance would be purchasing one of its largest rivals. Bitcoin recently sank below $19K. JPRubin23, GWilliamsJr_CMT and _jocelynyang_ report JPRubin23 GWilliamsJr_CMT _jocelynyang_ 🕰💀💸🧻⚖️ JPRubin23 GWilliamsJr_CMT _jocelynyang_ And below $17K (check low).
La source: CoinDesk - 🏆 291. / 63 Lire la suite »

Market Wrap: Bitcoin, Other Cryptos Continue to PlummetThe misery of crypto markets appeared boundless amid crypto exchange giant FTX’s ongoing distress. $BTC fell to its lowest level in two years. JPRubin23, and _jocelynyang_ report JPRubin23 _jocelynyang_ Out of Bitcoin rainbow chart for the first time ever JPRubin23 _jocelynyang_ Good JPRubin23 _jocelynyang_ Oh man, its going to be a slaughter
La source: CoinDesk - 🏆 291. / 63 Lire la suite »

FTX's U.S. business is in troubleFTX US is separate from FTX, but its fate is likely to be equal.
La source: axios - 🏆 302. / 63 Lire la suite »