+0.99% Bitcoin (BTC) 93265.6 EUR

+1.09% Ethereum (ETH) 2207.61 EUR

+1.52% Litecoin (LTC) 75.46 EUR

-2.73% B-Cash (BCH) 424.32 EUR

+0.04% Ethereum (ETH) 0.0239269 BTC

+0.62% Litecoin (LTC) 0.00081709 BTC

-3.39% B-Cash (BCH) 0.00456722 BTC

+0.51% Bitcoin (BTC) 110799.2018 USDC

+0.38% USD Coin (USDC) 0.85 EUR

+1.76% Chainlink (LINK) 11.8 EUR

+0.77% Chainlink (LINK) 0.00012663 BTC

+2.26% Dogecoin (DOGE) 0.14 EUR

+1.92% Dogecoin (DOGE) 0.00000159 BTC

+3.14% Uniswap (UNI) 6.51 EUR

+2.07% Uniswap (UNI) 0.00007019 BTC

+2.95% Cardano (ADA) 0.51 EUR

+2.02% Cardano (ADA) 0.00000555 BTC

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0.00% Tron (TRX) 0.00000263 BTC

+1.47% Shiba Inu (SHIB) 0.0000103 EUR

+6.95% Zcash (ZEC) 35.49 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

-0.14% Basic Attention Token (BAT) 0.11 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

-2.96% Arbitrum (ARB) 0.347 USDC

+1.35% Chainlink (LINK) 13.75 USD

+1.14% Chainlink (LINK) 13.74444 USDC

+2.67% Uniswap (UNI) 7.615 USDC

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+1.57% Ondo (ONDO) 0.80182 USDC

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-0.33% Gala (GALA) 0.01487 USDC

-2.56% Wormhole Token (W) 0.06 EUR

-2.30% Wormhole Token (W) 0.072 USDC

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-0.27% Chiliz (CHZ) 0.03666 USDC

+1.63% Sand (SAND) 0.21 EUR

+1.22% Sand (SAND) 0.256 USDC

+2.82% Aave (AAVE) 240.23 EUR

+2.29% Aave (AAVE) 282.53 USDC

+1.15% Curve DAO (CRV) 0.45 EUR

+0.67% Curve DAO (CRV) 0.5354 USDC

+1.30% Immutable X (IMX) 0.39 EUR

+1.34% Immutable X (IMX) 0.4662 USDC

+0.19% Synthetix Network Token (SNX) 0.51 EUR

0.00% Synthetix Network Token (SNX) 0.601 USDC

0.00% Skale (SKL) 0.07 USDC

+8.04% Beam (BEAM) 0 EUR

+4.34% Beam (BEAM) 0.00622 USDC

0.00% Axelar (AXL) 1.05 USDC

-1.18% Livepeer Token (LPT) 5.32 EUR

-1.57% Livepeer Token (LPT) 6.26 USDC

-0.32% Compound (COMP) 36.83 EUR

-0.73% Compound (COMP) 43.31 USDC

-1.96% Yield Guild Games Token (YGG) 0.12 EUR

-2.36% Yield Guild Games Token (YGG) 0.1525 USDC

-1.11% Coti (COTI) 0.04 EUR

-1.32% Coti (COTI) 0.0521 USDC

0.00% Portal (PORTAL) 1.1 USDC

+0.16% Sushi (SUSHI) 0.53 EUR

-0.20% Sushi (SUSHI) 0.6251 USDC

+0.11% Pepe (PEPE) 0 EUR

-0.97% Pepe (PEPE) 0.00001013 USDC

+1.52% Optimism (OP) 0.48 EUR

0.00% Polygon (MATIC) 0.2 EUR

+0.02% Solana (SOL) 129.76 EUR

-0.62% Solana (SOL) 0.0013925 BTC

-0.76% Solana (SOL) 0.058868 ETH

-0.04% 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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