Bitcoin holds above $80,000 as Asian stock rout drags altcoins lower
Bitcoin fell to just above $80,000 as South Korea’s Kospi plunged 8%, while the CoinDesk 80 fell 2.2% and all but six CoinDesk 100 members declined.…
Live updates: Bitcoin back under $81,000 as AI selloff worsens
September inflation came in above forecasts and the selloff in AI stocks picked up speed, dragging bitcoin back toward last week’s low. Source:CoinDesk
Bitcoin dips to $80.1K as KOSPI closes at its lowest since April
Bitcoin price action continued to see contagion from a Korean tech selloff after the KOSPI Index fell 7.5% on Thursday. Source:Cointelegraph
Thailand crypto ETFs may see slow start despite new rules: CoinShares
Thailand’s new Bitcoin and Ether ETF rules take effect Friday, but CoinShares expects modest initial inflows as existing investment options compete for demand.…
Babylon advances native Bitcoin lending proposal on Aave V4
Babylon’s proposal to bring native Bitcoin collateral to Aave V4 has entered a new governance stage, but further votes and security reviews remain before…
Bitcoin ETFs shed $261M as XRP funds buck weekly outflow trend
Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week. Source:Cointelegraph
Nearly $1 billion in crypto bets liquidated as bitcoin, ether and XRP slide
Ether accounted for nearly 60% of the forced closures across the two largest cryptocurrencies, falling roughly twice as much as bitcoin. Source:CoinDesk
Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%
Computing power directed at Binance Pool has fallen from 26 EH/s in December to about 9 EH/s. Its remaining miners must choose another provider before a Nov.…
Bitcoin is back below $81,000 as Fed rate uncertainty weighs
Bets on an October Fed rate hike briefly spiked to nearly 50% after Wednesday’s inflation report, but have since cooled. Source:CoinDesk
Bitcoin miners plunge up to 13% in Wall Street’s worst selloff since July
TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. Source:Cointelegraph
Crypto Long & Short: Why gold and bitcoin belong in the same portfolio
Source:CoinDesk
Bitcoin price dips below $82K as high oil prices spike US CPI inflation
Bitcoin fell below $82,000 while bond yields targeted new 24year highs on the back of hot US CPI inflation. Source:Cointelegraph