Crypto market remains steady even though US equities market sold off. As of now $BTC is trading at $87,519 and $ETH is trading at $1,579. Bitcoin dominance stands at 64.49%.
Gold has broken above the $3,400 mark for the first time ever, as the DXY slides to 98.4. At the same time, Bitcoin’s strong performance is fueling renewed interest in its role as a potential hedge against inflation and a safe asset (see below).
A few headlines over the weekend include: Strategy has acquired 6,556 BTC for $555.8 million at $84,785 per bitcoin, GSR has announced a $100 million PIPE investment in Nasdaq-listed Upexi to support its crypto asset reserve strategy, and Zora announced that it will release $ZORA tokens on April 23.
Over the past 24 hours, the top three gainers were $RSR, $STX, and $TEL, while the top three losers were $GRASS, $OM, and $XCN.
