Source: CoinDesk
“Bitcoin (BTC) has become more dominant in the crypto market thanks to impending halving and broader market risk aversion, despite the price correction. The largest cryptocurrency by market value was trading below $61,400 during Asian trading hours on Thursday, according to CoinDesk Indices data, as the sell-off in risk assets, fueled by difficult macroeconomic conditions, rages. The CoinDesk 20, a measure of the world’s most liquid digital assets, is down 3.3%, trading at 2,125.” (04/18/24)