Bitcoin and ether traded sideways. Bitcoin was recently changing hands at about $21,500, up a few fractions of a percentage point over the past 24 hours. After plunging late last week, the largest cryptocurrency by market value has been stubbornly clinging to its handhold above $21,000 amid largely tepid trading as investors wait for more clarity about the U.S. central bank’s monetary policy going forward.
Source: https://www.coindesk.com/markets/2022/08/25/first-mover-asia-bear-market-taxes-cryptos-allure-in-india-grows-kucoin-survey-finds-bitcoin-continues-holding-pattern-over-21k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines