Binary trading platforms with better performance and payouts
Markets
The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.
Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. .
Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.
The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Prices fell to $26,160 soon before press time, reaching the lowest since March 17.
Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021.
Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets.
Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto’s track record is too short to prove this, S&P said.
The widening discrepancy between the bitcoin price on Binance’s U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.