Bitcoin nears $68,000 before dropping to $65,500, with market volatility driven by election-related sentiment.
Factors contributing to crypto market moves include China stimulus, comments from BlackRock’s CEO and the delay of an expected sell pressure event.
Uniswap Labs, the developer behind top-ranked decentralized crypto exchange Uniswap, disclosed that it has built a new layer-2 network, which was set to launch on testnet Thursday.
Native USDC is now available on Sui, making it the first Move-based Layer 1 to partner with stablecoin provider Circle.
The case seeks to prevent the SEC from "unlawfully expanding its jurisdiction" to cover secondary-market sales of certain network tokens sold on the exchange.
Bitcoin’s price has increased above the $66,000 mark, buoyed by positive inflation data, according to an analyst.
Bitcoin has surpassed $65,000 amid positive U.S. jobs data and expectations of additional economic stimulus from China.
Industry watchers say that while the rate cut has so far proved to be a short-term catalyst for crypto, the longer-term economic outlook remains uncertain.
Market participants were uncertain about the size of the rate cut prior to the Fed meeting, laying the groundwork for market volatility.
Bitcoin futures and options metrics are neutral despite BTC reaching its highest price in 3 weeks.
Bitcoin fell 2.7% over the past 24 hours to change hands at around $58,551.Ether slid 5.38% over the same time frame.
Bitcoin joins gold in rising as markets see a bigger chance of a 0.5% interest rate cut.
