+1.31% Bitcoin (BTC) 94425.6 EUR

+1.20% Ethereum (ETH) 3317.04 EUR

+1.32% Litecoin (LTC) 80.82 EUR

+2.64% B-Cash (BCH) 423.13 EUR

-0.19% Ethereum (ETH) 0.0354914 BTC

-0.23% Litecoin (LTC) 0.00086355 BTC

+1.44% B-Cash (BCH) 0.00446521 BTC

+1.36% Bitcoin (BTC) 110740.0259 USDC

+0.03% USD Coin (USDC) 0.86 EUR

-0.14% Chainlink (LINK) 15.08 EUR

-1.87% Chainlink (LINK) 0.0001594 BTC

+1.95% Dogecoin (DOGE) 0.16 EUR

+0.56% Dogecoin (DOGE) 0.00000179 BTC

+1.66% Uniswap (UNI) 5.42 EUR

+0.17% Uniswap (UNI) 0.00005716 BTC

+1.30% Cardano (ADA) 0.55 EUR

0.00% Cardano (ADA) 0.00000591 BTC

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-2.33% Tron (TRX) 0.00000292 BTC

+1.74% Shiba Inu (SHIB) 0.00000876 EUR

-10.00% Zcash (ZEC) 203.95 EUR

0.00% Zcash (ZEC) 0.0004242 BTC

-2.59% Basic Attention Token (BAT) 0.15 EUR

0.00% TradeFlow (TFLOW) 0.12216892 BUSD

+1.39% Arbitrum (ARB) 0.3119 USDC

-0.23% Chainlink (LINK) 17.33 USD

+0.57% Chainlink (LINK) 17.47347 USDC

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+0.32% Ondo (ONDO) 0.7192 USDC

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-1.09% Wormhole Token (W) 0.0724 USDC

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-0.05% Aave (AAVE) 191.83 EUR

0.00% Aave (AAVE) 222.26 USDC

-1.48% Curve DAO (CRV) 0.45 EUR

-1.49% Curve DAO (CRV) 0.5218 USDC

-0.22% Immutable X (IMX) 0.44 EUR

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-7.61% Synthetix Network Token (SNX) 1.1 EUR

-7.64% Synthetix Network Token (SNX) 1.281 USDC

0.00% Skale (SKL) 0.07 USDC

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0.00% Axelar (AXL) 1.05 USDC

+0.14% Livepeer Token (LPT) 4.21 EUR

-0.60% Livepeer Token (LPT) 4.919 USDC

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+2.38% Compound (COMP) 36.98 USDC

-1.42% Yield Guild Games Token (YGG) 0.11 EUR

-1.58% Yield Guild Games Token (YGG) 0.1369 USDC

-2.37% Coti (COTI) 0.02 EUR

-2.63% Coti (COTI) 0.0333 USDC

0.00% Portal (PORTAL) 1.1 USDC

+0.35% Sushi (SUSHI) 0.45 EUR

-0.49% Sushi (SUSHI) 0.5264 USDC

+0.51% Pepe (PEPE) 0 EUR

+0.29% Pepe (PEPE) 0.00000683 USDC

-0.02% Optimism (OP) 0.37 EUR

0.00% Polygon (MATIC) 0.2 EUR

+2.73% Solana (SOL) 162.46 EUR

+1.37% Solana (SOL) 0.0017222 BTC

+0.88% Solana (SOL) 0.048692 ETH

+0.06% USD Coin (USDC) 0.74 GBP

0.00% USD Coin (USDC) 1 USDT

0.00% USD Coin (USDC) 145.58 JPY

0.00% USD Coin (USDC) 4.25 PLN

0.00% 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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