Risk aversion boosts gold, hurts bitcoin (BTC) price: Crypto Daybook Americas
Crypto Daybook Americas will be on hiatus for a while starting Wednesday. We’ll be back Jan. 5 with your regular wake-up call of what stirred the industry overnight and what’s coming up in the day ahead. Wishing you and yours a wonderful holiday season!
By Omkar Godbole (All times ET unless indicated otherwise)
The crypto market mood remains somber ahead of the U.S. GDP data report due later today, which is expected to show the world’s largest economy held firm in the third quarter.
Bitcoin , the largest cryptocurrency by market value, fell to $87,500 after failing to hold gains above $90,000 on Monday. All 16 CoinDesk indexes are down over 24 hours, with the DeFi Select index dropping 4% and the metaverse index losing over…
