Bitcoin Holds Steady Above $29K Despite Brief Tumble and Low Leverage Ratio, Analysts Optimistic Ahead of FOMC Meeting.
TL;DR Summary
Bitcoin remains steady above $29,000 despite concerns about banking unrest and slowing US economic growth. The cryptocurrency has shown resilience despite industry mishaps and wider macroeconomic uncertainty. Ether also rose above $1,910. Investors are now looking for assets that retain their value as they await next week's Federal Open Market Committee (FOMC) interest rate decision. Meanwhile, William Shatner has released his first NFT collection, Infinite Connections, at the Consensus 2023 conference, partnering with Web3 entertainment company Orange Comet.
- First Mover Asia: Bitcoin Holds Steady Above $29K as Investors Look Toward Next FOMC Meeting CoinDesk
- Bitcoin Approaches $29,000 After Brief Tumble Barron's
- Quant Analyst PlanB Says Bitcoin’s Exponential Growth To Continue As BTC Halving Approaches The Daily Hodl
- Bitcoin's 'Estimated Leverage Ratio' Hits Lowest Point Since December 2021 CoinDesk
- Ethereum Drops Below This Key Level; Optimism, Aptos Among Top Losers Benzinga
Reading Insights
Total Reads
0
Unique Readers
10
Time Saved
6 min
vs 7 min read
Condensed
94%
1,280 → 78 words
Want the full story? Read the original article
Read on CoinDesk