John Toro News Today

Bitcoin missed out on a rally in global markets sparked by cooling US inflation, triggering caution about its outlook.

BITCOIN missed out on a rally in global markets sparked by cooling US inflation, triggering some caution about the token’s outlook. The largest digital asset last Thursday mostly held losses of 0.7 percent from a day earlier, while stocks and bonds extended gains on bets that an end to Federal…

Largest token has posted its best daily stretch of gains since March.

Bitcoin is on a five-day streak of gains — its best stretch since March — alleviating a challenging quarter due to poor liquidity and a US crackdown

The digital-asset industry is absorbing the fallout of the troubles at crypto-friendly US bank Silvergate Capital, which has said that it’s reviewing whether it can remain viable.

Bitcoin sank as much as 6% before paring some of the slide to trade around $22 330 as of noon Friday in Singapore.

Bitcoin (BTC $22,379) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem

The coin’s near 4% slide in the seven days through Sunday was the largest weekly drop since November, paring its year-to-date gain to 39%.

Bitcoin was little changed and trading just below $17 000 as of 12:25 p.m. in Singapore.

The current inflationary environment remains challenging for risk assets, including crypto