+0.80% Bitcoin (BTC) 94999.7 EUR

+0.70% Ethereum (ETH) 3669.21 EUR

+2.66% Litecoin (LTC) 97.8 EUR

+1.28% B-Cash (BCH) 518.84 EUR

-0.20% Ethereum (ETH) 0.0390062 BTC

+1.97% Litecoin (LTC) 0.0010403 BTC

+1.00% B-Cash (BCH) 0.00548531 BTC

+1.03% Bitcoin (BTC) 112448.8247 USDC

-0.08% USD Coin (USDC) 0.85 EUR

+1.55% Chainlink (LINK) 19.28 EUR

+0.82% Chainlink (LINK) 0.00020339 BTC

+4.90% Dogecoin (DOGE) 0.19 EUR

+3.57% Dogecoin (DOGE) 0.00000203 BTC

+1.17% Uniswap (UNI) 8.07 EUR

+0.35% Uniswap (UNI) 0.00008534 BTC

+1.17% Cardano (ADA) 0.71 EUR

+0.79% Cardano (ADA) 0.00000759 BTC

+0.56% Tron (TRX) 0.28 EUR

0.00% Tron (TRX) 0.00000299 BTC

+1.70% Shiba Inu (SHIB) 0.00001072 EUR

+12.41% Zcash (ZEC) 41.06 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

+2.58% Basic Attention Token (BAT) 0.13 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

+1.42% Arbitrum (ARB) 0.4922 USDC

+1.55% Chainlink (LINK) 22.36 USD

+1.44% Chainlink (LINK) 22.37342 USDC

+1.11% Uniswap (UNI) 9.367 USDC

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+2.51% Gala (GALA) 0.01629 USDC

+0.90% Wormhole Token (W) 0.06 EUR

+0.90% Wormhole Token (W) 0.0781 USDC

+2.30% Chiliz (CHZ) 0.03 EUR

+2.09% Chiliz (CHZ) 0.04 USDC

+2.54% Sand (SAND) 0.24 EUR

+3.46% Sand (SAND) 0.2894 USDC

+0.38% Aave (AAVE) 256.2 EUR

+0.31% Aave (AAVE) 300.21 USDC

+1.34% Curve DAO (CRV) 0.65 EUR

+1.61% Curve DAO (CRV) 0.7665 USDC

+0.06% Immutable X (IMX) 0.44 EUR

+0.74% Immutable X (IMX) 0.5165 USDC

+1.41% Synthetix Network Token (SNX) 0.57 EUR

+1.66% Synthetix Network Token (SNX) 0.671 USDC

0.00% Skale (SKL) 0.07 USDC

-0.81% Beam (BEAM) 0 EUR

+0.71% Beam (BEAM) 0.00708 USDC

0.00% Axelar (AXL) 1.05 USDC

-2.38% Livepeer Token (LPT) 5.96 EUR

-2.05% Livepeer Token (LPT) 6.989 USDC

+0.27% Compound (COMP) 36.57 EUR

+0.46% Compound (COMP) 42.8 USDC

+0.47% Yield Guild Games Token (YGG) 0.12 EUR

+0.20% Yield Guild Games Token (YGG) 0.1481 USDC

+0.48% Coti (COTI) 0.04 EUR

+0.61% Coti (COTI) 0.0488 USDC

0.00% Portal (PORTAL) 1.1 USDC

+1.48% Sushi (SUSHI) 0.64 EUR

+1.79% Sushi (SUSHI) 0.7579 USDC

+2.43% Pepe (PEPE) 0 EUR

+2.81% Pepe (PEPE) 0.00000985 USDC

-0.13% Optimism (OP) 0.61 EUR

0.00% Polygon (MATIC) 0.2 EUR

+1.25% Solana (SOL) 173.93 EUR

+0.48% Solana (SOL) 0.0018336 BTC

+0.39% Solana (SOL) 0.047394 ETH

-0.01% USD Coin (USDC) 0.74 GBP

0.00% USD Coin (USDC) 1 USDT

0.00% USD Coin (USDC) 145.58 JPY

Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse

03-10-2023

The price of BTC briefly slipped under $20,000 on March 10, although at time of writing was hovering just above that level.

Bitcoin BTC tickers down $19,938 briefly slipped below $20,000 for the first time in nearly two months, following the latest budget from United States President Joe Biden and the collapse of “crypto-bank” Silvergate.

The price of BTC dipped to $19,945 on March 10 before recovering to hover just above $20,000, according to data from CoinMarketCap.

Bitcoin had a stellar start to 2023 but fell as much as 5% in an hour on March 3 amid uncertainty at Silvergate. The price doesn’t appear to have been able to lift since.

The announcement that Silvergate Bank, one of the key banks in the United States that services crypto firms, had entered into voluntary liquidation on March 8 has emerged as a possible strong headwind for the crypto industry.

Meanwhile, a supplementary budget explainer paper on March 9 revealed that United States crypto miners could eventually be subject to a 30% tax on electricity costs under a Biden budget proposal that aims to “reduce mining activity.”

Source: Cointelegraph.

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