Crypto Storage Token Storj Rallies 43% Overnight as Trading Volume Surges
The decentralized cloud storage protocol has seen its market value double this week.
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The decentralized cloud storage protocol has seen its market value double this week.
In addition, the national ISM manufacturing survey, released during the long July 4 weekend, fell to its weakest level since May 2020.
BTC has proved incredibly resilient to the perils of the past year, including FTX’s demise. But there are some macroeconomic surprises that could erect obstacles to further gains.
Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.
Offshoots of several meme coins have popped across the board in a trend that’s likely to die out within weeks.
PLUS: The first half of 2023 has so far been very promising for crypto majors.
Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.
The rise in real yields is more of a headache to blue chip stocks than to markets like technology or crypto and will not disrupt the medium-term growth story, one observer said.
The latest price moves in bitcoin (BTC) and crypto markets in context for July 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Cryptocurrency prices rose early Friday but then dropped sharply following a report that the SEC had deemed recent spot BTC filings inadequate.