Insights: Bitcoin has been trading sideways for weeks, but the latest Consumer Price Index inflation data may stir the largest crypto by market cap from its current slumber.
CoinDesk Market Index (CMI): 938.43 +0.1%
Bitcoin (BTC): $19,068 +0.1%
Ether (ETH): $1,284 +0.3%
S&P 500 daily close: 3,588.84 0.7%
Gold: $1,672 per troy ounce +0.3%
Ten-year Treasury yield daily close: 3.94% +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.
Bitcoin remained in its recent holding pattern on Tuesday as investors continued their nervous vigil for the latest inflation signals.
The largest cryptocurrency by market capitalization was recently trading at about $19,050, up ever so slightly over the past 24 hours. BTC continued to occupy the lower part of the...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
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...