1872787261 1

Bitcoin, Ether inch up; Shiba Inu leads rise across top 10 cryptos

Posted on

Bitcoin and Ether inched up in Asian trading on Thursday afternoon, with Shiba Inu leading gains across most top 10 non-stable cryptocurrencies.
See related article: Markets: Bitcoin, Ether drop as SEC’s Gensler says crypto firms running out of time to comply with securities laws

Fast facts

  • Bitcoin rose 0.31% over the past 24 hours and was trading at US$16,830 by 4:30 p.m. in Hong Kong, and Ether inched up 0.38% to US$1,233, according to CoinMarketCap.
  • Shiba Inu gained 2.12% to US$0.000009209, possibly from upbeat market sentiment ahead of its Metaverse event on Friday.
  • Polygon increased 1.77% to US$0.8958, after it announced on Wednesday that it will partner blockchain-based e-commerce platform LGND and Warner Music Group to establish an NFT music platform.
  • Litecoin dropped 1.83% to US$75.57. Litecoin has been on a decline after it rose to a six-month high on Dec. 3.
  • Asia markets were mixed following Wall Street’s retreat overnight. The Nikkei 225 dropped 0.4%, the Shanghai Composite Index inched down 0.071%, while Hong Kong’s Hang Seng Index gained 3.38%.
  • Hong Kong local media Wen Wei Po and Sing Tao Daily have reported that the Hong Kong government is discussing further relaxations to Covid-19 restrictions, including reducing the quarantine duration, scrapping Covid test requirements for entry and mask orders in outdoor places.

See related article: FTX failure a ‘wake-up call’ for security, says former Mt Gox CEO, Mark Karpeles

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *