Bitcoin and Ether fell during Asian trading hours on Friday, along with most of the top 10 non-stablecoin cryptocurrencies by market capitalization, with Binance’s BNB sustaining the biggest loss in the top 10. Most Asian equities strengthened, despite Wall Street’s overnight performance. Investor concerns over a banking crisis returned, after U.S. Treasury Secretary Janet Yellen said the government is not considering a “blanket insurance” on bank deposits.
Bitcoin slid 1.94% to US$27,676 in the 24 hours to 4:30 p.m. in Hong Kong. Ether fell 2.25% to change hands at US$1,754, according to CoinMarketCap data.
The Forkast 500 NFT index slipped 0.64% to 4,105.25 points. ggoose lost 36.24% to be the day’s biggest decliner, followed by EGoldMiner that ended the day 17.24% lower.
Gold rose 0.31% to US$1,970 per ounce on Thursday after gaining 1.6% on Wednesday, fueled by commentary from Treasury Secretary Janet Yellen who said that the U.S. government was not considering a “blanket insurance” for bank deposits.
(By ZOLTAN VARDAI)
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