6 Articles
6 Articles
Crypto Market Today, Aug. 14: Bitcoin Slips as SEC Tokenization Progress Stalls
As of early evening on Aug. 14, Bitcoin (CRYPTO:BTC) fell 0.86% to $62,874.95, Ethereum (CRYPTO:ETH) fell 0.35% to $1,877.90, and Solana (CRYPTO:SOL) fell 1.47% to $75.06. The total crypto market cap fell 0.62% to $2.24 trillion as regulatory delays, fears of an economic slowdown, and pressure on crypto stocks weighed on prices. What's driving crypto marketsBitcoin slid below $63,000 as major U.S. indexes slipped on falling consumer confidence a…
Bitcoin is trading sideways in the $63,000 range as there are no clear positive market catalysts, such as the postponement of the U.S. Crypto Clarity Act until September. According to CoinMarketCap, a virtual asset market data site, on the 7th, as of 8:30 AM, the price of one Bitcoin was trading at $63,408, down 0.19% from 24 hours ago.
The cryptocurrency market dawned in red on August 14, with Bitcoin losing the level of USD $63,000 amid the cancellation of a key SEC meeting on tokenization and an economic outlook that cools down the appetite for risk. Bitcoin ETFs register outflows, although Morgan Stanley increased its share in the iShares Bitcoin Trust during the second quarter. *** Bitcoin falls 0.86% to USD $62,874.95 and the total capitalization of the market drops 0.62%…
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