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Wednesday, May 7, 2025

First Mover Asia: Bitcoin Holds Tight Below $20K; Blockchain Protocol Cardano Arrives on Robinhood. Who Cares? - CoinDesk

Prices: Bitcoin and ether spend the weekend in a tight trading range below $20K; investors will have few, significant economic indicators to consider until the next U.S. inflation figures next week.
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Bitcoin (BTC): $19,927 +0.5%
Ether (ETH): $1,576 +1.1%
S&P 500 daily close: 3,924.26 1.1%
Gold: $1,719 per troy ounce +0.6%
Ten-year Treasury yield daily close: 3.19% 0.07
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.
The largest cryptocurrency by market value was recently trading at about $19,900, up a few ticks of a percentage point over the...



Read Full Story: https://www.coindesk.com/markets/2022/09/05/first-mover-asia-bitcoin-holds-ti...

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