First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat
First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat, Major Cryptos Are Mostly Flat
Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday.
Prices: Bitcoin and a number of major cryptos traded sideways on Tuesday.
Insights: Bitcoin has been trading sideways for weeks, but the latest Consumer Price Index inflation data may stir the largest crypto by market cap from its current slumber.
Prices
● CoinDesk Market Index (CMI): 938.43 +0.1%
● Bitcoin (BTC): $19,068 +0.1%
● Ether (ETH): $1,284 +0.3%
● S&P 500 daily close: 3,588.84 −0.7%
● Gold: $1,672 per troy ounce +0.3%
● Ten-year Treasury yield daily close: 3.94% +0.05
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