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Bitcoin Stays Calm at $16.5K

From coindesk.com

Bitcoin's price barely budged on the U.S. Thanksgiving holiday. The largest cryptocurrency by market capitalization was recently trading at about $16,500, down a mere 0.11% over the past 24 hours. BTC has been holding steady around $16,000 for the past three weeks, although it took a brief dip below $15,500 on Monday amid fears about the future of crypto trading and lending firm Genesis Global Capital, which has been caught up in crypto platform FTX's implosion. Crypto markets calmed over the past three days, however, buoyed along with equity indexes by signs that the U.S. central bank would retreat from its current ... (full story)

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  • Category: Fundamental Analysis