Bitcoin is consolidating round $65,000 regardless of the Nasdaq posting its worst day since December 2022.
Crypto markets dipped barely on Thursday, with whole market capitalization dropping 1% to $2.49 trillion.
Bitcoin and Ether are buying and selling flat at $64,800 and $3,465, respectively, whereas Solana is up 1% to $161, based on CoinGecko.
Among the many high 100 digital belongings by market capitalization, Solana memecoin Dogwifhat (WIF) leads the pack with a 13% rally previously 24 hours. Different high gainers embody Thorchain (RUNE), Lido (LDO) and Jupiter (JUP), that are up 6% or extra.
Shiba Inu (SHIB) is the day’s largest loser, dropping 10% after a hacker stole over $100 million value of tokens from the WazirX crypto trade earlier at the moment.
Whereas crypto markets have usually traded in keeping with main inventory markets, particularly the tech-heavy Nasdaq, digital belongings have remained notably resilient within the face of yesterday’s tech inventory selloff, which worn out a whole lot of billions of {dollars} from the market capitalization of corporations like Nvidia, AMD and Meta.
Crypto sentiment is probably going being buoyed by the imminent launch of spot Ether ETFs, that are anticipated to start buying and selling on July 23.
