Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’

Bitcoin has performed well in the face of a bleak news cycle while stablecoin assets in the crypto ecosystem continue to grow.

  • Bitcoin (BTC) trading around $10,515 as of 20:00 UTC (4 p.m. ET). Slipping 0.44% over the previous 24 hours.
  • Bitcoin’s 24-hour range: $10,362-$10,667
  • BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians.

Bitcoin trading on Coinbase since September 30.
Source: TradingView

Bitcoin’s price stumbled in the early hours of…


Source link

About bitcoin

Check Also

Veteran Investor Bill Miller Remains Bullish on Bitcoin — Confirms He Has a Lot of BTC – Markets and Prices Bitcoin News

Famed value investor and fund manager Bill Miller says he has “a lot” of bitcoin …

Leave a Reply

Your email address will not be published.