Crypto Currency News

Trending News

Bitcoin
$51,235.15
-161.24
Ethereum
$2,921.99
-3.79
Litecoin
$68.33
-0.09
DigitalCash
$28.86
-0.16
Monero
$119.73
+1.26
Nxt
$0.00
-0
Ethereum Classic
$25.76
-0.47
Dogecoin
$0.08
-0

FTX Finds $5B, Bitcoin Extends Rally

Bitcoin (BTC): The largest cryptocurrency by market value was recently trading at the $17,500 level, almost the same from the past 24 hours. In futures trading, the three-month BTC futures listed on the Chicago Mercantile Exchange, widely considered a proxy for institutional activity, are drawing a premium over the cryptocurrency’s going spot market price for the first time since FTX went bust. Equities closed higher as traders eyed Thursday’s US inflation report. The tech-heavy Nasdaq Composite closed up 1.7%, while the S&P 500 and Dow Jones Industrial Average (DJIA) were up 1.2% and 0.8%, respectively.

Comments are closed.