First Mover Americas: Crypto Trades Little Changed Following Thursday’s Slide

The crypto market was in quiet mode during the Asian and European mornings to end the week, with bitcoin 0.45% lower over 24 hours near $58,500. ETH lost 0.7%, while SOL led gains, adding 0.44%. The broader digital asset market, as measured by the CoinDesk 20 Index, is about 0.39% higher. Bitcoin capitulated to under $57,000 late Thursday, a drop for which there was no obvious catalyst, given that both the Nasdaq and S&P 500 were ticking upward at the time.

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• Source: https://www.coindesk.com/markets/2024/08/16/first-mover-americas-crypto-trades-little-changed-following-thursdays-slide/?utm_medium=referral&utm_source=rss&utm_campaign=headlines