+1.46% Bitcoin (BTC) 92290.1 EUR

+0.47% Ethereum (ETH) 2189.3 EUR

+4.61% Litecoin (LTC) 77.5 EUR

+5.28% B-Cash (BCH) 362.4 EUR

-0.91% Ethereum (ETH) 0.0239673 BTC

+2.94% Litecoin (LTC) 0.00084739 BTC

+4.19% B-Cash (BCH) 0.00391476 BTC

+1.33% Bitcoin (BTC) 106225.6794 USDC

+0.15% USD Coin (USDC) 0.87 EUR

+5.89% Chainlink (LINK) 12.4 EUR

+4.55% Chainlink (LINK) 0.00013465 BTC

+5.22% Dogecoin (DOGE) 0.16 EUR

+3.48% Dogecoin (DOGE) 0.00000178 BTC

+1.93% Uniswap (UNI) 5.43 EUR

+0.68% Uniswap (UNI) 0.00005908 BTC

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+2.06% Cardano (ADA) 0.00000642 BTC

+0.78% Tron (TRX) 0.24 EUR

-0.74% Tron (TRX) 0.00000268 BTC

+3.74% Shiba Inu (SHIB) 0.00001137 EUR

-0.34% Zcash (ZEC) 42.55 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

+3.57% Basic Attention Token (BAT) 0.11 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

+2.67% Arbitrum (ARB) 0.3421 USDC

+5.59% Chainlink (LINK) 14.01 USD

+5.29% Chainlink (LINK) 14.01461 USDC

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+4.51% Sand (SAND) 0.2798 USDC

+1.05% Aave (AAVE) 223.07 EUR

+0.82% Aave (AAVE) 253.87 USDC

+5.28% Curve DAO (CRV) 0.57 EUR

+5.49% Curve DAO (CRV) 0.6565 USDC

+2.08% Immutable X (IMX) 0.45 EUR

+1.85% Immutable X (IMX) 0.5168 USDC

+0.35% Synthetix Network Token (SNX) 0.57 EUR

+0.77% Synthetix Network Token (SNX) 0.654 USDC

0.00% Skale (SKL) 0.07 USDC

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+1.12% Beam (BEAM) 0.00629 USDC

0.00% Axelar (AXL) 1.05 USDC

-5.56% Livepeer Token (LPT) 6.68 EUR

-3.52% Livepeer Token (LPT) 7.618 USDC

-8.38% Compound (COMP) 39.86 EUR

+2.53% Compound (COMP) 45.38 USDC

-0.57% Yield Guild Games Token (YGG) 0.15 EUR

-0.72% Yield Guild Games Token (YGG) 0.1776 USDC

+1.81% Coti (COTI) 0.05 EUR

+2.12% Coti (COTI) 0.0578 USDC

0.00% Portal (PORTAL) 1.1 USDC

+1.28% Sushi (SUSHI) 0.57 EUR

+1.13% Sushi (SUSHI) 0.657 USDC

+2.21% Pepe (PEPE) 0 EUR

+1.85% Pepe (PEPE) 0.00001155 USDC

+0.73% Optimism (OP) 0.54 EUR

0.00% Polygon (MATIC) 0.2 EUR

+2.24% Solana (SOL) 133.24 EUR

-0.31% Solana (SOL) 0.0014455 BTC

+4.93% Solana (SOL) 0.060874 ETH

+0.40% USD Coin (USDC) 0.73 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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