-0.48% Bitcoin (BTC) 97621.2 EUR

-2.82% Ethereum (ETH) 2945.22 EUR

+0.14% Litecoin (LTC) 92.84 EUR

-2.39% B-Cash (BCH) 458.33 EUR

-2.23% Ethereum (ETH) 0.030502 BTC

+0.63% Litecoin (LTC) 0.00096253 BTC

-2.16% B-Cash (BCH) 0.00469549 BTC

-0.48% Bitcoin (BTC) 114099.8111 USDC

-0.02% USD Coin (USDC) 0.86 EUR

-2.23% Chainlink (LINK) 13.75 EUR

-1.50% Chainlink (LINK) 0.00014101 BTC

-4.01% Dogecoin (DOGE) 0.16 EUR

-3.35% Dogecoin (DOGE) 0.00000173 BTC

-2.31% Uniswap (UNI) 7.74 EUR

-1.75% Uniswap (UNI) 0.00007948 BTC

-1.75% Cardano (ADA) 0.61 EUR

-1.40% Cardano (ADA) 0.00000631 BTC

-0.49% Tron (TRX) 0.28 EUR

0.00% Tron (TRX) 0.00000288 BTC

-1.22% Shiba Inu (SHIB) 0.00001044 EUR

-1.03% Zcash (ZEC) 31.13 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

-1.50% Basic Attention Token (BAT) 0.12 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

-2.22% Arbitrum (ARB) 0.3712 USDC

-2.24% Chainlink (LINK) 15.78 USD

-2.32% Chainlink (LINK) 15.77791 USDC

-2.40% Uniswap (UNI) 8.87 USDC

-2.04% Ondo (ONDO) 0.75 EUR

-2.43% Ondo (ONDO) 0.87736 USDC

-1.61% Gala (GALA) 0.01 EUR

-2.18% Gala (GALA) 0.01478 USDC

-1.85% Wormhole Token (W) 0.06 EUR

-1.99% Wormhole Token (W) 0.0736 USDC

-1.25% Chiliz (CHZ) 0.03 EUR

-1.21% Chiliz (CHZ) 0.03741 USDC

-1.87% Sand (SAND) 0.22 EUR

-2.43% Sand (SAND) 0.26 USDC

-1.49% Aave (AAVE) 218.11 EUR

-1.83% Aave (AAVE) 251.69 USDC

-0.26% Curve DAO (CRV) 0.75 EUR

-0.34% Curve DAO (CRV) 0.8708 USDC

-2.44% Immutable X (IMX) 0.41 EUR

-2.70% Immutable X (IMX) 0.4858 USDC

-1.01% Synthetix Network Token (SNX) 0.48 EUR

-1.40% Synthetix Network Token (SNX) 0.562 USDC

0.00% Skale (SKL) 0.07 USDC

-2.22% Beam (BEAM) 0 EUR

-2.20% Beam (BEAM) 0.00664 USDC

0.00% Axelar (AXL) 1.05 USDC

-1.16% Livepeer Token (LPT) 5.1 EUR

-1.05% Livepeer Token (LPT) 5.92 USDC

+0.96% Compound (COMP) 38.58 EUR

+0.02% Compound (COMP) 44.47 USDC

-3.43% Yield Guild Games Token (YGG) 0.12 EUR

0.00% Yield Guild Games Token (YGG) 0.151 USDC

0.00% Coti (COTI) 0.04 EUR

0.00% Coti (COTI) 0.0529 USDC

0.00% Portal (PORTAL) 1.1 USDC

0.00% Sushi (SUSHI) 0.67 EUR

0.00% Sushi (SUSHI) 0.7779 USDC

0.00% Pepe (PEPE) 0 EUR

0.00% Pepe (PEPE) 0.00001058 USDC

0.00% Optimism (OP) 0.56 EUR

0.00% Polygon (MATIC) 0.2 EUR

0.00% Solana (SOL) 143.98 EUR

0.00% Solana (SOL) 0.0014646 BTC

0.00% Solana (SOL) 0.046988 ETH

0.00% USD Coin (USDC) 0.75 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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