Bitcoin holds below $70K as stocks slip despite a cooler US PPI print
Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.
Sources:Cointelegraph
Bitcoin was down about 4% on the day amid a tepid market reaction to October’s US PPI reading, which came in below expected levels.
Bitcoin sales, valuation losses and rising borrowing costs weighed on the Japanese company’s earnings despite higher revenue and operating profit.
Coinbase’s trust company received final clearance as lawmakers seek records on crypto firms’ compliance and potential conflicts of interest. The charter brings a federal framework to Coinbase’s custody business, following conditional approval in April. It does not make the exchange a commercial bank....
