Bitcoin consolidates, dash outperforms in quiet crypto session: Crypto markets today
Volatility in the crypto market came to a grinding halt on Friday with all of the major CoinDesk indexes moving by less than 1% since midnight UTC.
The damping comes as Bitcoin, crucially, remains higher than $94,500, the level it broke out above earlier this week after being confined to range-bound trading since November.
Zcash, APT, and polygon (POL) all posted marginal declines, while dash, a privacy-focused payments token, continued its barnstorming start to the year by rising 15% to add a 141% surge over the past week.
The market is now awaiting its next catalyst as political turmoil in Iran and Venezuela put crypto’s “safe haven” narrative back on the map, demonstrating by divergence between crypto and U.S. equities, which lagged…
