After about a 70% rise in 2024 to a new record high just shy of $74,000, bitcoin was surely vulnerable to a correction and it could be that the inflation, interest rate and dollar news has given traders an excuse to lighten up. After touching $73,800 earlier Thursday morning, bitcoin slid to as low as $70,650 after the economic data. At press time it was trading at $70,900 down more than 3% over the past 24 hours. The broader CoinDesk 20 Index was lower by just 1.7%, with gains in Solana and Dogecoin helping that gauge’s outperformance.
Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review
Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on...