dogecoin

Bitcoin, Ether inch up; Dogecoin remains biggest loser in top 10 cryptos

Posted on


Bitcoin and Ether gained in Asian trading on Wednesday afternoon, with Dogecoin continuing to lead declines across the top 10 non-stablecoin cryptocurrencies.

See related article: BlockFi asks U.S. bankruptcy court to unfreeze accounts for some of its users

Fast facts

  • Bitcoin inched up 0.17% over the past 24 hours and was trading at US$16,813 by 4:30 p.m. in Hong Kong, and Ether gained 0.16% to US$1,209, according to CoinMarketCap.
  • Dogecoin declined 1.91% to US$0.07257. Twitter CEO Musk said in a Wednesday tweet that he will resign as CEO “as soon as I find someone foolish enough to take the job,” after Twitter users voted to oust him as company chief.
  • Cardano dropped 2.18% to US$0.252, despite Cardano’s developers recently rolling out a series of improvements aimed at scaling the blockchain network and decentralized applications built on it. 
  • Tron rose 1.08% to US$0.05483 after Tron founder Justin Sun said to Bloomberg on Wednesday that China saw Hong Kong as a trial ground for crypto regulation.
  • Asia equity markets were mixed following Wall Street’s gain overnight. Japan’s Nikkei 225 dropped 0.68%, the Shanghai Composite Index decreased 0.17%, and Hong Kong’s Hang Seng Index inched up 0.22%.
  • After the Bank of Japan unexpectedly loosened its bond yield cap, Japan’s 10-year government bond yield extended to 0.48% on Wednesday, the highest since 2015.

See related article: Retail-owned Bitcoin supply reaches all time high 





Source link

Leave a Reply

Your email address will not be published. Required fields are marked *