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Crypto Market News Today Live Updates and Latest News Today :(17 February 2023): By market capitalization, the most prominent digital asset is recently trading at $23,795, down 3.65% over the previous day and much below its high of the day, above $25,100. Since August, BTC had not crossed that threshold, and it did so at that point, signalling growing optimism about inflation and the state of the economy.
However, both appeared to disappear within a short period as January’s Producer Price Index (PPI) unexpectedly increased by 0.7% month over month, suggesting that the U.S. central bank’s monetary policy had not yet been successful in containing price increases that have plagued the economy for over an year. As a result, other altcoins, including Ethereum, are down by 1.87% to $1,660 and Binance by 4.00% to $309!
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Live
2023-02-17T11:35:00+5:30
Crypto Market Live Update: Hawkish Federal stand could bring down the Bitcoin prices!
Earlier this week on Wednesday, February 15, the world’s largest cryptocurrency Bitcoin (BTC) jumped more than 12% inching closer to $25,000. This sparked a major euphoria in the crypto space that BTC could be heading to a further rally this year. However, the macro indicators are flashing warnings and the hawkish fed rhetoric is a drag down. Read More here….
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2023-02-17T10:10:00+5:30
SEC files Lawsuit on Do Kwon, Founder of Terra and Luna
As the U.S. Securities and Exchange Commission (SEC) continues to tighten its grip over the crypto space, the latest bait for the securities regulator is Terra LUNA creator Do Kwon. Last May 2022, the Terra ecosystem witnessed a major crash eroding more than $40 billion worth of investors’ wealth. Read More here….
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