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Bitcoin’s Volatility Drops to Lowest Since 2020 While AI Tokens Take Off
The typically hyper-volatile Bitcoin hasn’t been so choppy of late at all. The largest digital asset hasn’t posted a daily move of 6% for 70 sessions, the longest streak of calm since October 2020, data compiled by Bloomberg show. And the coin is on pace for a slight loss in May after gaining each of the first four months of the year. It’s an uncommon stretch of turpitude for Bitcoin, which is known for typically posting large up or down moves, which it then sometimes reverses just a day later. Market-watchers attribute the muted moves to a confluence of events, including that there’s a number of unresolved ... (full story)
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From imf.org|May 26, 2023|4 commentsThe U.S. economy has proven resilient in the face of the significant tightening of both fiscal and monetary policy that took place in 2022. Consumer demand has held up ...
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From cnbc.com|May 26, 2023CNBC’s Dominic Chu reports on the latest news about bitcoin prices.
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From coindesk.com|May 26, 2023French lawmakers on a key legislative committee have unanimously agreed to new rules restricting crypto promotions by social media influencers, according to a Thursday statement ...
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- Posted: May 26, 2023 3:53pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 59
