CoinDesk Market Index (CMI): 949.89 +1.2%
Bitcoin (BTC): $19,663 +2.9%
Ether (ETH): $1,322 +2.2%
S&P 500 daily close: 3,669.91 +2.6%
Gold: $1,666 per troy ounce 0.2%
Ten-year Treasury yield daily close: 3.95% +0.05
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 hotly anticipated Consumer Price Index (CPI) arrived hotter than expected, the type of reading that usually sends riskier assets spiraling down.
Instead, bitcoin did the reverse on Thursday, recovering from an early stumble to regain its now familiar perch over $19,000. The largest cryptocurrency by market capitalization, which was recently up more than 2% and trading above $19,600, has been occupying a narrow band between $19,000 and $21,000 for much of the past month, hamstrung by...
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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...