Musk’s cryptocurrency tweets in the past two months have been particularly impactful for bitcoin. Musk’s latest bitcoin tweet on Sunday night shot the price of the cryptocurrency up by nearly 10 percent. Cryptocurrency price history All prices on this page are nominal (i.e., they are not indexed to inflation).
After what can only be described as a thrilling end of 2020 for Bitcoin, the digital currency started 2021 with a bang. The cryptocurrency climbed to start the year, peaking above $64,000 by mid-April, following a strong first quarter. Promises of seemingly never-ending liquidity from the Federal Reserve gave markets – both crypto and stocks – unbridled optimism. 2. Import Universe As the first big Wall Street bank to embrace cryptocurrencies, Morgan Stanley announced on 17 March 2021 that they will be offering access to Bitcoin funds for their wealthy clients through three funds which enable Bitcoin ownership for investors with an aggressive risk tolerance. BNY Mellon on 11 February 2021 announced that it would begin offering cryptocurrency services to its clients.
But traders will also be monitoring other themes, such as expectations for the approval of an ETH futures ETF within the next month or so by the SEC, on spot ETH ETF applications in the US and other themes like the outlook for US interest rates and crypto regulation, as the SEC continues its battle to assert its authority over the US crypto industry. Today’s cryptocurrency prices The latest price moves in crypto markets in context for Sept. 22, 2023.
Nonetheless, the crypto market seems to rise despite the US Consumer Price Index (CPI) coming higher than expected and FTX’s liquidation approval. According to data provided by CoinGecko, the global crypto market capitalization rose from $1.031 trillion to $1.086 trillion at the time of writing. This indicates a $55 billion hike despite the two bearish events on Sept. 13. Earn Huge Exclusive Binance Learners Rewards Leader in Free Data