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Thursday, May 15, 2025

First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Price Remains in Holding Pattern - CoinDesk

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Bitcoin (BTC): $21,438 0.9%
Ether (ETH): $1,663 2.1%
S&P 500 daily close: 4,199.12 +1.4%
Gold: $1,771 per troy ounce +0.7%
Ten-year Treasury yield daily close: 3.03% 0.08
Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices.
A day before Jerome Powell's long-awaiting address at the Federal Reserve's conclave in Wyoming, bitcoin idled in roughly the same place it has held for much of the week – comfortably above $21,000.
The largest cryptocurrency by market value was recently trading at about $21,500, roughly flat over the past 24 hours as nervous...



Read Full Story: https://www.coindesk.com/markets/2022/08/26/first-mover-asia-a-bear-market-su...

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