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This Week in Coins: Companies Report Big Bitcoin Impairment Charges but Markets Mostly Shrug

From decrypt.co

While long-term crypto holders are, broadly speaking, likely to be slightly down on their investments since last weekend, the reality is that markets barely moved the last seven days. As of this writing, leading cryptocurrency Bitcoin had lost about 5% over the week to land at $23,216, while Ethereum had dropped about 0.32% to $1,714. There were no notable price movements among the top 30 cryptocurrencies by market capitalization, except for Flow, which surged 33% to $2.64. What’s all the excitement about Flow? On Thursday, Instagram added support for Flow-based NFTs for users in more than 100 different countries. ... (full story)

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  • Category: Fundamental Analysis