Crypto market cap drops below $1 trillion

The total market capitalization for all crypto has again dipped below $1 trillion. The 7% fall followed August inflation data that could trigger yet another interest rate hike by the Federal Reserve.
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Sep. 27, 2023

Bitcoin Jumps 2%, Ignoring DXY's Rise to 10-Month High; XRP Eyes Death Cross
Bitcoin rose during the early U.S. trading hours, ignoring the continued rally in the greenback as spot buyers shook out bearish derivative bets. The leading cryptocurrency by market value rose 2% to $26,750 even as the U.S. dollar index, which ...
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Sep. 27, 2023

First Mover Americas: Binance Sells Russian Unit
This article originally appeared in First Mover , CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices Top Stories Binance has ...
Markets
Sep. 27, 2023

Bitcoin, Ether Prices Stay Flat as Traders Eye Return of U.S. Equities Correlation
Bitcoin (BTC) and ether (ETH) remained little changed over the past 24 hours as traders suggested major cryptos were starting to show signs of correlation to U.S. equities. The price of bitcoin (BTC) remained under pressure at $26,200 on Tuesday...
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Sep. 27, 2023

Bitcoin's Implied Volatility Gauge Tops Ether for Record 20 Straight Days
Bitcoin (BTC) remains the world's biggest and most liquid digital asset. Still, crypto traders are increasingly pricing higher volatility in bitcoin relative to ether (ETH), the second-largest cryptocurrency by market value. The spread between d...
Markets
Sep. 27, 2023

Shiba Inu Ecosystem Token Bone Jumps 10% as Developers Take Key Security Step
Shiba Inu (SHIB) ecosystem token bone (BONE) rose some 10% in the past 24 hours to log one of the higher gains among otherwise tepid crypto markets. BONE exchanged hands at 90 cents in Asian morning hours on Wednesday. The tokens have a market c...
Markets
Sep. 27, 2023

Digital Arm of Thailand’s SCBX and Korean Web3 Firm Hashed Ink R&D Partnership
The digital assets arm of one of Thailand’s largest financial institutions has signed a partnership deal with one of Korea’s biggest Web3 investors. In a press release sent out on Wednesday, SCBX and Hashed announced that they have signed an agr...