Asia Market Update: Bitcoin and Cryptocurrency Market Trends:- 🔥🔥🚀💥💥
Bitcoin Price: Bitcoin is currently trading at $95,496. It is down 0.8% within the last 24 hours. The market capitalization for the cryptocurrency market is $3.31 trillion. It is down 0.3%.
Market Trends - Asian Shares: Asian stocks are up, led by the strength of artificial intelligence shares and the trade agreement between the US and Taiwan, which seeks to cut tariffs for Taiwanese exports and direct investment into US tech supply chains.
- Cryptocurrency: The crypto market capitalization is at 3.31 trillion, with the dominance level of Bitcoin being 57% to 58% as it is a sophisticated hedge against centrally controlled volatility.
Essential Cryptocurrency Prices- Bitcoin (BTC) : $95,496 (down
* Ether (ETH): 3,301 USD (-0 - XRP: 2.08 USD ( Expert View
Wenny Cai, co-founder of SynFutures, asserts that Bitcoin has broken away from being a “high-beta” asset and is currently behaving like a “reserve currency” similar to gold. This, he explains, can be traced back to the stability and money flow that comes with neutral reserve assets that are not dependent on the credit system.
#btc #eth #xrp #crypto #cryptocurency
