Jamie Crawley is a CoinDesk news reporter based in London.
to hold above $63,500. Ether was similarly unmoved at $2,645. Other leading altcoins showed a bit more life, with SOL and DOGE higher by 1.8% and 1.2%, respectively. The crypto market at large has risen by 0.9%, as measured by the CoinDesk 20 Index. Muted activity following a rally is quite common in the cryptocurrency market, as traders take profits and prices consolidate at new footholds.
The move drew little response from crypto prices. Asian stocks, on the other hand, rallied, with Hong Kong's Hang Seng index climbing 3.2% and the Shanghai Composite index adding 2.3%."Bitcoin's lack of response to this news, juxtaposed against rallying Chinese indices, highlights that its current beta appears more tightly linked to Fed policy and U.S.
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