BTC Tumbles Below $63K; BVM Brings AI to the Bitcoin Network

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the slip in bitcoin that sent the largest cryptocurrency by market cap below $63,000. Plus, the latest on Bitcoin Virtual Machine's (BVM) release of a platform that allows users to spin up AI models.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the slip in bitcoin that sent the largest cryptocurrency by market cap below $63,000. Plus, the latest on Bitcoin Virtual Machine's release of a platform that allows users to spin up AI models.

The price of Bitcoin pulls back and A I makes its way to the Bitcoin network. You're watching Coindesk Daily, I'm your host, Jen Sani Bitcoin drops under $63,000 leading to a market wide correction that saw the overall capitalization drop 8% in the past 24 hours. The losses came after a day of large outflows from the gray scale Bitcoin ETF and lower than usual inflows on other ETF products.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin Tumbles to $68K; El Salvador's Bitcoin 'Piggy Bank''CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as the price of bitcoin (BTC) fell to as low as $67,000 during Friday's Asian trading hours, before recovering to the $68,000 level.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin (BTC), Bitcoin Cash (BCH) Set for Epic Countdowns to Halving EventBitcoin's hard fork, Bitcoin Cash, also gearing up for its halving event, albeit earlier than Bitcoin halving event
Source: Utoday_en - 🏆 295. / 63 Read more »

Bitcoin Layer-2 Project BVM Gains Traction With Promise of 'Juicy' AirdropsShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin Tumbles to $67K as Asia Begins Trading DayOver $100 million in bitcoin long positions have been wiped out as the world's largest digital asset fell from $70K.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin Eyes $74K as BTC ETFs See Record $1B in Net InflowsShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Source: CoinDesk - 🏆 291. / 63 Read more »

Bitcoin Exodus: Staggering $750 Million BTC Withdrawn From Crypto ExchangesBitcoin fell below $70,000 after reaching new high for fifth time in seven days
Source: Utoday_en - 🏆 295. / 63 Read more »