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Saturday, May 17, 2025

First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year - CoinDesk

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Bitcoin (BTC): $21,454 +1.3%
Ether (ETH): $1,610 +2.0%
S&P 500 daily close: 4,228.48 1.3%
Gold: $1,760 per troy ounce +0.7%
Ten-year Treasury yield daily close: 2.99% +0.1
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.
Cryptos exhaled over the weekend after Friday's steep price plunge as investors continued to chew over the latest inflation data and ongoing macroeconomic uncertainty.
Bitcoin was recently trading at about $21,500, up more than 1% over the past 24 hours. The largest cryptocurrency by market capitalization plunged by more than...



Read Full Story: https://www.coindesk.com/markets/2022/08/22/first-mover-asia-bitcoin-hovers-o...

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