Bitcoin, Ether Slump; Banks Can Now Back Stablecoins

Get Forbes’ top crypto and blockchain stories delivered to your inbox every week for the latest news on bitcoin, other major cryptocurrencies and enterprise blockchain adoption.

CRYPTO MARKETS

Bitcoin slumped with the stock market Monday, falling more than 5%, after miners began selling at a higher rate on Sunday. Ether cooled off as well, and the average DeFi token has slumped 30% to 40% in recent weeks.

Bitcoin showed more…


Source link

About bitcoin

Check Also

Surging bitcoin nears its highest level in almost 3 years, and is set to test a key technical level that could spur a move toward $20,000 | Currency News | Financial and Business News

FILE PHOTO: Representations of virtual currency Bitcoin are seen in this picture illustration taken Reuters …

Leave a Reply

Your email address will not be published. Required fields are marked *