Bitcoin BTC Price Seesaws Above $24.1K Following Mixed FOMC Minutes

Ether was recently changing hands at $1,641, off 1.1% from Tuesday, same time. Yet, CoinDesk analyst Glenn Williams noted that BTC and ETH were diverging on a different front, with investors sending bitcoin to exchanges and removing ether from them. The moves have signaled bearish sentiment for bitcoin and bullishness for ether, a departure from their usual correlation. Separately, on Tuesday layer 2 scaling system Arbitrum surpassed Ethereum in daily transactions, increasing Arbitrumā€™s dominance as the leading layer 2 rollup.

Source: https://www.coindesk.com/markets/2023/02/23/first-mover-asia-bitcoin-seesaws-above-241k-following-mixed-fomc-minutes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines