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Sunday, July 6, 2025

First Mover Asia: Crypto’s Institutional Future May Be Incompatible With Litecoin’s Privacy Protecting Features; Bitcoin Falls - CoinDesk

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The largest cryptocurrency by market capitalization was recently trading at $30,300, down roughly 2.5% over the past 24 hours. Ether, the second largest crypto by market cap, was changing hands at about $1,800, about flat over the same period. Most other major cryptos spent much of their day in the red with DOT and AVAX recently down over 3% and SOL declining more than 2%. LINK was among the winners, rising approximately 2%.
Crypto prices, which have largely correlated to stocks, dovetailed again with major indices. The S&P 500 fell about 1%, while the Dow Jones Industrial Average and tech heavy Nasdaq declined a little bit less as investors continued their watchful waiting for clearer indications on the direction of inflation and the...



Read Full Story: https://www.coindesk.com/markets/2022/06/08/first-mover-asia-cryptos-institut...

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