澳洲幸运5官方开奖结果体彩网

Bitcoin Trades Around $84,000 as Crypto Stocks Slip

An illustration of a physical bitcoin.

 Romain Costaseca / Hans Lucas / AFP

澳洲幸运5官方开奖结果体彩网: Bitcoin bounced. A bit. 

The leading currency recently traded around $84,000, rising back abꦇove the prices below $77,000 seen late last week that were in the neighborhood of their pre-election levels but retreating slightly from levels logged earlie𒉰r today.

That recovery has come as crypto trading volume has fallen, Oppenheimer analysts wrote in a note published Tuesday, with investors’ risk appetite pressured by 澳洲幸运5官方开奖结果体彩网:trade-related uncertainty that has counteracted enthusiasm about the crypto industry’s prospects after President Donald Trump’s reelection. 

“It's unfortunate to see Trump's on-and-off again tariffs have driven 澳洲幸运5官方开奖结果体彩网:bear market concern, recession fear, and pullback of retail trading,” they wrote. A silver lining, they argued, is that the resulting pullbacks in Bitcoin and stocks like Coinbase Global (COIN) have been less severe than those seen⛎ during another big move lower in 2022—a year that Bitcoin finished at under $20,000. 

“It demonstrates that this asset class has matured a🌠nd become more resilient,” accordiꦓng to Oppenheimer’s analysts. 

Several crypto-linked stocks were trading lower today. Crypto exchange Coinbase was recently down close to 3%. Mara Holdings (MARA), a Bitcoin miner, was itself off about 2%. (Read Investopedia’s live coverage of 澳洲幸运5官方开奖结果体彩网:today’s markets here.)

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  1. Oppenheime🦹r. “Coinbase Global (COIN): On-and-Off Again Tariffs Have Materially Lowered Crypto Trading Volume.”

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