Bitcoin BTC$76,600.57 is trading near $77,300, up 0.7% since midnight UTC but still down 0.87% over 24 hours, according to CoinDesk Indices data. The token sits 6% below the $82,284 high it reached last week.
Ether ETH$2,451.10 rose 1.6% on Friday, and is also higher over 24 hours, one of the few large-cap cryptocurrencies to recover its overnight losses. Solana (SOL) has added just under 1% since midnight.
In the CoinDesk 100, 68 constituents are higher on the day, something of a reversal after Thursday's 86-14 split the other way. The index has added 0.5%, though it remains 1.6% lower over 24 hours and 80 constituents are still down on that higher timeframe.
The memecoin index was the biggest gainer, adding 0.73% since midnight UTC. As with yesterday, the speculative end is moving furthest, though in the opposite direction.
Traditional markets are firmer across the board. S&P 500 index futures have gained 0.48%, Nasdaq futures 0.56%, gold 0.74% and silver 0.92%, while the Dollar Index is unchanged. August consumer price data for the U.S. is due at 8:30 a.m. ET, the last major release before the FOMC meets to set interest rates on Sept. 15-16.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
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