Crypto prices were little changed during the European morning with traders possibly keeping their powder dry ahead of the latest U.S. inflation data.
The personal-consumption expenditure data is scheduled for release at 8:30 EST and will offer the latest clues on the Fed's next interest-rate moves. Bitcoin sits at $68,100 at the time of writing, an increase of around 0.4% in the last 24 hours. The broader digital asset market,, has risen by just under 0.5%, with the majority of its constituents showing changes of less than 1% in either direction.
The token sank as much as 35% after the verdict. Meanwhile, Jeo Boden, a meme coin inspired by President Joe Biden, soared 20%. TRUMP soon recovered though, rallying nearly 50% to just under $17, even higher than before the verdict,. TRUMP is currently priced at $14.39, an increase of over 11% in the last 24 hours. On Polymarket, the blockchain-powered prediction market, traders continued to place money on Trump defeating Biden in the November election.
in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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