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Bitcoin Eyes First Two-Day Drop of 2023 as Microsoft Dents Mood
Bitcoin is flirting with its first back-to-back drop since the start of the year following a poor revenue outlook from technology bellwether Microsoft Corp. that dented wider investor sentiment. The largest token fell as much as 2.5% and was trading at about $22,380 as of 9:26 a.m. in Singapore on Wednesday after edging lower in US hours. A range of smaller coins, from Ether to Cardano to Avalanche, were also in the red. Digital assets are among the many investments that jumped at the start of 2023 on bets that central banks will slow or even reverse interest-rate hikes in the months ahead. But the sanguine stance is ... (full story)
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- Posted: Jan 24, 2023 10:14pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 106
