Straits Times Index
3,142.08 -41.53 (-1.30%) Nikkei
38,560.32 -672.48 (-1.71%) Hang Seng
16,327.49 -272.97 (-1.64%) FTSE 100
7,965.53 -30.05 (-0.38%) Bitcoin USD
62,737.41 -2,576.09 (-3.94%) CMC Crypto 200
885.54 0.00 (0.00%)
XRP JPY (XRP-JPY)
| Previous close | 76.76 |
| Open | 76.76 |
| Day's range | 74.18 - 76.82 |
| 52-week range | 55.54 - 122.50 |
| Start date | 2013-08-04 |
| Algorithm | N/A |
| Market cap | 4.16T |
| Circulating supply | 55.12B |
| Max supply | N/A |
| Volume | |
| Volume (24 hrs) | 375.92B |
| Volume (24 hrs) all currencies | 375.92B |
Barrons.comBitcoin Holds as Traders See the Halving Pushing Prices Above Record Highs
and other cryptocurrencies were little changed Friday, hovering at levels that have held for much of this week as Bitcoin’s halving—which will reduce token supply—looms as a key catalyst for cryptos. The price of has hovered around flat over the past 24 hours at $70,800, levels around which the largest digital asset has traded for much of the past week and within striking distance of its mid-March all-time high near $74,000. Bitcoin has recovered from a brief selloff on Wednesday, when data showed persistent inflation that could stop the Federal Reserve from cutting interest rates—which should be supportive for cryptos—as soon as once expected.
Barrons.comBitcoin Bounces Back. Why Cryptos Can Shake Off Inflation Fears.
Bitcoin’s halving and other factors supporting demand make the outlook for interest rates less critical for cryptos.
Barrons.comBitcoin Falls as Red-Hot Jobs Report Threatens the Crypto Recovery
Bitcoin, like the stock market, risks further declines this week as investors digest a hotter-than-expected U.S. jobs report.
