Bitcoin settles around $24.4K after nearing $25K for the third time in four days earlier in the weekend...The Korean government is unlikely to end its ban on play-to-earn games. JPRubin23 and TheSamReynolds report
Ten-year Treasury yield daily close: 2.85%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atBitcoin pushed bravely closer to $25,000 for the third time in four days before retreating nearer more familiar ground.
The largest cryptocurrency by market capitalization was recently trading at about $24,400, roughly flat over the past 24 hours and slightly lower than where it started the weekend, although investors remained cautiously optimistic about recent economic indicators showing inflation waning and a lower likelihood of recession. Bitcoin has climbed the past three weeks to change hands toward the upper end of a $20,000 to $24,000 range.
"BTC's resilience above $20,000 did see bulls pushing for more upside, especially after a successful retest of that range," Joe DiPasquale, CEO of crypto fund manager BitBull Capital, wrote CoinDesk. "However, we are yet to witness the breakout above $25,000, which could see BTC moving quickly toward the $29,000-$30,000 range."
Ether was recently down about 1.6% over the previous day to trade at about $1,950. The second largest crypto by market cap behind bitcoin has been lately gaining ground at an even faster pace than bitcoin and topped $2,000 for a second consecutive day on Saturday before declining. Ether's surge has come as the hotly anticipated Merge, which