As Asia markets opened Friday, bitcoin was clinging to its most recent foothold above $30,000.
Those suits continue to cloud crypto's future in the U.S., and the agency has yet to approve any of the more than half-dozen ETF applications presented in recent years, or indicate that it is ready to change its mind. Ether, the second largest crypto in market value, was recently changing hands at $1,880, down about 1.8% from Wednesday, same time. ETH had been holding steady above $1,900 after regaining this level the previous days for the first time since the start of the month.
The tech-heavy Nasdaq Composite and S&P 500 closed up 0.8% and 0.2%, respectively, shrugging off a reiteration of hawkish remarks by Federal Reserve Chair Jerome Powell. The U.S. central bank said last week that it likely would resume interest rate hikes later this year after ending a more than year-long diet of increases.