-0.31% Bitcoin (BTC) 98300 EUR

+0.89% Ethereum (ETH) 3833.06 EUR

+0.53% Litecoin (LTC) 97.94 EUR

+1.48% B-Cash (BCH) 519.42 EUR

+1.16% Ethereum (ETH) 0.0394001 BTC

+0.91% Litecoin (LTC) 0.00100697 BTC

+0.95% B-Cash (BCH) 0.00529139 BTC

-0.63% Bitcoin (BTC) 117412.5101 USDC

+0.36% USD Coin (USDC) 0.84 EUR

+0.33% Chainlink (LINK) 20.28 EUR

+0.67% Chainlink (LINK) 0.00020637 BTC

+1.93% Dogecoin (DOGE) 0.23 EUR

+2.14% Dogecoin (DOGE) 0.00000241 BTC

+1.62% Uniswap (UNI) 8.08 EUR

+1.49% Uniswap (UNI) 0.00008231 BTC

+1.31% Cardano (ADA) 0.76 EUR

+1.43% Cardano (ADA) 0.00000776 BTC

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+0.33% Tron (TRX) 0.00000297 BTC

+1.15% Shiba Inu (SHIB) 0.0000114 EUR

-0.33% Zcash (ZEC) 43.78 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

+1.35% Basic Attention Token (BAT) 0.13 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

+3.51% Arbitrum (ARB) 0.5169 USDC

+0.13% Chainlink (LINK) 23.77 USD

+0.33% Chainlink (LINK) 23.76567 USDC

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+1.76% Ondo (ONDO) 1.04846 USDC

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+11.85% Wormhole Token (W) 0.08 EUR

+12.00% Wormhole Token (W) 0.101 USDC

+2.56% Chiliz (CHZ) 0.03 EUR

+1.67% Chiliz (CHZ) 0.0425 USDC

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+1.35% Sand (SAND) 0.3083 USDC

+0.93% Aave (AAVE) 256.26 EUR

+0.60% Aave (AAVE) 302.84 USDC

+5.69% Curve DAO (CRV) 0.65 EUR

+5.47% Curve DAO (CRV) 0.7682 USDC

+9.61% Immutable X (IMX) 0.63 EUR

+9.18% Immutable X (IMX) 0.749 USDC

+2.62% Synthetix Network Token (SNX) 0.58 EUR

+1.91% Synthetix Network Token (SNX) 0.695 USDC

0.00% Skale (SKL) 0.07 USDC

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0.00% Axelar (AXL) 1.05 USDC

+2.01% Livepeer Token (LPT) 5.86 EUR

+1.51% Livepeer Token (LPT) 6.918 USDC

+2.17% Compound (COMP) 38.61 EUR

+1.24% Compound (COMP) 45.49 USDC

-6.65% Yield Guild Games Token (YGG) 0.15 EUR

-6.77% Yield Guild Games Token (YGG) 0.1857 USDC

+1.57% Coti (COTI) 0.04 EUR

+0.18% Coti (COTI) 0.0534 USDC

0.00% Portal (PORTAL) 1.1 USDC

-2.32% Sushi (SUSHI) 0.65 EUR

-2.34% Sushi (SUSHI) 0.7705 USDC

-0.21% Pepe (PEPE) 0 EUR

-0.18% Pepe (PEPE) 0.00001084 USDC

+0.74% Optimism (OP) 0.64 EUR

0.00% Polygon (MATIC) 0.2 EUR

-0.45% Solana (SOL) 198.08 EUR

-1.25% Solana (SOL) 0.0020159 BTC

-1.28% Solana (SOL) 0.052207 ETH

-0.02% USD Coin (USDC) 0.73 GBP

0.00% USD Coin (USDC) 1 USDT

0.00% USD Coin (USDC) 145.58 JPY

+100.00% USD Coin (USDC) 4.25 PLN

+100.00% USD Coin (USDC) 10.93 SEK

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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