Bitcoin and Ether fell during Asian trading hours on Friday, while the rest of the top 10 non-stablecoin cryptocurrencies by market capitalization were mixed with Polkadot’s DOT posting the biggest gains. Asian equities were mixed despite optimistic purchasing managers’ index (PMI) data from Hong Kong and China.
See related article: World Economic Forum’s digital asset head expects real-world blockchain adoption in 2023
Fast facts
- Bitcoin fell 1.79% to US$23,414 in the 24 hours to 4:30 p.m. in Hong Kong. Ether fell 1.85% to US$1,638, according to CoinMarketCap data.
- DOT was up 2.75% to trade at US$6.70, while the rest of the top 10 cryptocurrencies fell. Polygon’s MATIC saw the biggest loss of 4.11% to trade at US$1.17.
- The global cryptocurrency market capitalization dropped by 1.37% to US$1.07 trillion in the 24 hours to 4:30 p.m. in Hong Kong. The total crypto market trading volume decreased by 5.30% to US$60.52 billion.
- Asian equities were mixed on Friday as markets in Hong Kong and China closed lower despite positive PMI data. The Shanghai Composite slid 0.68%, while the Shenzhen Component lost 0.63% and Hong Kong’s Hang Seng Index closed the trading day down 1.36%. Japan’s Nikkei 225 was up 0.39%.
- The U.S. non-farm payroll data, which is another key indicator for inflation, is set to be released on Friday.
See related article: Donald Trump helps Polygon NFTs outsell Ethereum on OpenSea exchange for second month
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- Source: https://forkast.news/headlines/markets-bitcoin-and-ether-down-polkadot-biggest-winner-among-top-10-cryptos/
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