Bitcoin Slides Below $63K, Diverging from Gold as Middle East Tensions Flare Up
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
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The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Bitcoin price on 09 30 (CoinDesk)
Bitcoin is back to levels not seen in nearly two months as it pushed past the $65,000 mark during U.S. late morning hours on Thursday.
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.
Bitcoin price on Sept. 13 (CoinDesk)
It’s been a trend for the last few weeks that cryptocurrencies selloff as the U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.
Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week’s fear-inducing plunge.
The world’s largest crypto is bouncing after tumbling below $53,000 at one point last Friday.
Bitcoin price (CoinDesk)