Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI, and CPI Data.

Bitcoin is trading just above $28,500, up 5%, after a false report about the Securities and Exchange Commission approving the first bitcoin spot ETF pushed up markets early Monday U.S. time.by the crypto news site Cointelegraph of a spot bitcoin ETF approval, causing $100 million in liquidations. BlackRock and other sources quickly debunked the claim, and Cointelegraph later apologized for a “tweet that led to the dissemination of inaccurate information.

Total bitcoin liquidations in the last 12 hours hit $137.2 million, with long liquidations coming in at $45.6 million and short at $91 million, In a note, David Lo, head of financial products at Bybit, wrote that on-chain activity shows bitcoin holdings by long-term investors are reaching record levels, while Ethereum's gas usage is dropping significantly, leading to faster ether inflation. Bitcoin has increased its dominance – its share of the overall market capitalization of cryptocurrencies – while notching gains relative to ether.

Stocks trended upward.The S&P 500 closed up 1% while bonds drifted lower as diplomatic efforts intensified to prevent the Israel-Hamas conflict from becoming a regional conflict.at the Mortgage Bankers Association's annual convention that high-interest rates have significantly hindered first-time home buyers' access to the housing market.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 291. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

The Ripple Effects of a Spot Market Bitcoin ETFMatan Doyich is the co-founder and CEO at Crypto Index.
Источник: CoinDesk - 🏆 291. / 63 Прочитайте больше »

Crypto Markets Add $30B in Hours as Bitcoin Price Explodes Toward $28K (Market Watch)Crypto Blog
Источник: Crypto_Potato - 🏆 568. / 51 Прочитайте больше »