Cryptos Shrug Off Latest US Productivity, Jobs Data; Bitcoin Hovers at $22.9K

Good morning. Here’s what’s happening:

Prices: GDP cooled. Jobless claims sank, underlining the current tight job market and an economy that was still rising. But bitcoin and other cryptos were largely unimpressed by the latest data.

Insights: Litecoin has operated largely out of the spotlight, even as its price has held up better than other cryptocurrencies.

Prices

CoinDesk Market Index (CMI)

1,078.95

−14.7 1.3%

Bitcoin (BTC)

$22,892

−322.5 1.4%

Ethereum (ETH)

$1,582

−41.5


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