Bitcoin (BTC): $23,843 +2.8%
Ether (ETH): $1,850 +8.5%
S&P 500 daily close: 4,210.24 +2.1%
Gold: $1,807 per troy ounce +0.7%
Ten-year Treasury yield daily close: 2.79% 0.01
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.
They sent the price of bitcoin higher minutes after the U.S. Commerce Department published the July inflation reading, which showed prices declining at a slightly lower rate than most analysts expected.
Bitcoin was recently trading just at roughly $23,850, up nearly 3% over the past 24 hours. The largest cryptocurrency by market capitalization had breezed past the $24,000 threshold earlier in the day and remained in the upper end of the range it's occupied for the better part of two weeks. Markets were clearly feeling more hopeful the...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...