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’s price stumbled in the early hours of…