Straits Times Index
3,264.53 -35.51 (-1.08%) S&P 500
5,179.65 -8.05 (-0.16%) Dow
38,954.90 +70.64 (+0.18%) Nasdaq
16,276.86 -55.69 (-0.34%) Bitcoin USD
62,407.38 -1,210.55 (-1.90%) CMC Crypto 200
1,322.88 +28.20 (+2.18%)
Tether USDt BTC (USDT-BTC)
- CoinDesk
First Mover Americas: Bitcoin Hovers Above $62K
The latest price moves in bitcoin (BTC) and crypto markets in context for May 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
- CoinDesk
Key Bitcoin Indicator Points to Period of Calm in Crypto Market
BTC's volatility risk premium (VRP) has collapsed in a sign of a market trending towards stability, where future uncertainties are less of a concern.
- Barrons.com
Bitcoin Falls. Here’s How Much Is Flowing Out of Spot ETFs.
Bitcoin and other cryptocurrencies were losing ground Wednesday. hit a record high near $74,000 in mid-March amid a surge of interest from new spot Bitcoin exchange-traded funds (ETFs) but its price has dropped since then. “Factors such as spot ETF inflows and the amount of circulating supply being held by investors rather than being sold, which contributed to the price rise to the record high … have recently turned ‘negative’ and put pressure on the price,” wrote Simon Peters, an analyst at eToro, in a research note on Wednesday.
