Bitcoin's Price Stability Above $30K Remains Uncertain Amid Investor Optimism.

1 min read
Source: CoinDesk
Bitcoin's Price Stability Above $30K Remains Uncertain Amid Investor Optimism.
Photo: CoinDesk
TL;DR Summary

Bitcoin remains above $30,000 as Asian trading begins, with all eyes on Friday's quarterly options expiry. Ether is trading at $1,860, down 1.3%. Meanwhile, venture capital funding for crypto is down 80% in Q1 2023, while AI startups raised $1.6 billion this quarter. Despite the hype around AI, it is still expensive and slow, and stakeholders should have learned their lesson from the enterprise blockchain bubble.

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