Bitcoin price lags behind stock rally as longest-ever US shutdown ends
Bitcoin (BTC-USD) traded flat over the past 24 hours, even as US equities surged to new all-time highs. The Dow Jones Industrial Average hit a fresh record on Wednesday amid optimism that the record-long government shutdown could end with a late-night vote in Washington.
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At the time of writing, bitcoin (BTC-USD) is holding steady around $103,663, while ether (ETH-USD) has climbed more than 3% in the past day to $3,541. Ethereum remains the dominant blockchain for stablecoin issuance, and trading volumes in the stablecoin market have risen significantly over the past year, signalling persistent demand for dollar-pegged crypto assets.
CCC – CoinMarketCap USD
102,970.98
-1,855.23
(-1.77%)…
