First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Jamie Crawley is a CoinDesk news reporter based in London.

BTC was about 0.7% lower in the last 24 hours as of the late European morning, trading just above $67,000. Other major tokens showed similar minor retracements, with the broader digital asset market dipping 1%, as measured by the. For the time being, bitcoin appears to have avoided an outright rejection following its move above $68,000 on Wednesday and is instead taking a breather, as traders wait for the next catalyst.

Trump is currently leading against Harris 56-44 on Kalshi, with a surge occurring in early October. The rise in Trump's odds on Kalshi isn't an entirely unexpected event, Jack Such, a market research analyst at Kalshi, wrote in a note Wednesday."Harris is falling in key demographics and has lost ground in every “Blue Wall” state over the past three weeks," Such wrote.

Digital assets have emerged as an alternative investment class for private wealth in Asia, with 76% of family offices and high-net-worth individuals investing in cryptocurrencies and 16% planning to do so in the future. That's a notable improvement from the previous study in 2022, when 58% had exposure to digital assets and 34% planned to invest.

The chart shows top blockchains by the total dollar value of cryptocurrencies bridged in the past four weeks. Ethereum leads the way, followed by Coinbase's layer 2 Base, which has seen significantly higher activity than its rival Arbitrum.Coinbase Says Bitcoin Liquidity on Exchange Unfazed After SEC's Lawsuit Against Cumberland. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines