Markets
Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors
BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark.
Trading Ranges for Bitcoin, Ether Reflect Diverging Views About the Assets
Bitcoin’s higher low suggests investors in the largest crypto by market value are upbeat, but ether’s increased trading range compared to the previous days may reflect bearish concerns.
Silvergate Wasn't Cut Off From Loans, Lender Says
Silvergate Bank said previously it had to accelerate the sale of securities to be able to repay advances from the Federal Home Bank of San Francisco.
Helium's HNT Crypto Token Slides to 2-Month Low After Binance.US Delisting Announcement
The token will be delisted from Binance's U.S. exchange on March 21.
First Mover Americas: Bitcoin Falls Back to Below $25K
The latest price moves in crypto markets in context for March 15, 2023.
Bitcoin Options Market Still Afraid of USDC Volatility
The options market is still valuing options that settle in the underlying rather than in USDC at a relative premium because of concerns of another depeg, one observer said.
Bitcoin Isn’t Trading as a Currency but as a Speculative Asset: Morgan Stanley
The cryptocurrency isn’t isolated from the traditional banking system, and its price is supported by U.S. dollar liquidity, the report said.
Bitcoin, Ether Volatility Stuns Bears and Bulls Alike; Some Say Recent Price Action Driven by Bank Crisis
Some market observers say bitcoin’s recent price movements were largely driven by investors looking for alternative assets to park their funds amid a banking clampdown in the U.S.
Bitcoin Gains Early, Fades Late to Trade Below $25K
BTC had surged to a 9-month high above $26,500 after the latest inflation data before retreating.
Crypto Investors Are Left Guessing the Fed’s Next Move
The CPI data shows inflation remains problematic. Crypto investors are hoping the U.S. central bank breaks from its monetary hawkishness of the past year.
