BitcoinWarrior

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Crypto narratives: Industry comes to Turkey’s aid, and SEC moves against staking

Published by
City AM

By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin dropped over the week to go from around $23,000 to a $21,600 low where it’s currently trading. The cryptocurrency industry has faced several negative headlines over the past few days. Ethereum’s Ether – the second-largest cryptocurrency by market cap – moved similarly to BTC, starting the week with a move up to $1,650 before starting to drop, to now trade below the $1,500 mark. Notably, CryptoCompare data has shown that there was a 2.7% drop in the combined market cap dominance of BTC, ETH, and stablecoins, now making up …

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