was recently trading at $29,165, down 0.7%, over the past 24 hours. The largest cryptocurrency by market capitalization hovered above $29,300 for most of the weekend but dipped as low as about $23,100 in the hours after stablecoin exchange Curve Finance tweeted that it had suffered an exploit. The breach put more than $100 million in crypto at risk.
“Notably, now that the Fed's interest rate hike is also priced, the fact that Bitcoin and ETH have both maintained their price levels, should give bulls additional confidence,” DiPasquale wrote. He added that “increased, speculative price actions around coins on the Base network,” underlined this bullish trend.token plummeted more than 19% at one point on Sunday and was more recently off 15.7% to trade at 63 cents.
Ether , the second largest crypto by market cap, and most other major cryptos in value according to CoinDesk Indices, followed a similar pattern, sinking after the Curve hack, which added to a long list of industry woes over the past two years. ETH was recently changing hands at $1,857, off 1.2% from Sunday. Ether has been narrowly range-bound over the past seven days between $1,840 and $1,890.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »
Source: BTCTN - 🏆 531. / 51 Read more »