Cryptocurrencies traded lower Monday as investors await inflation data and the last U.S. Federal Reserve meeting for the year later this week.
... [+]is trading just below $17,000, down 1% since Friday close, according to Nomics. Ether is at $1,248, down 1.5% for the period.has taken the largest hit among the top 10 cryptocurrencies. The canine-themed token is hovering at 8 cents, having shed 8.5%.The crypto’s market value stands at $872.27 billion, down 1.8% over the last day.
Economists widely expect the U.S. central bank to raise rates by half a percentage point when its two-day meeting concludes Wednesday. The Fed’s decision will be preceded by the November inflation reading from the Commerce Department on Tuesday.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Will List Magic (MAGIC) in the Innovation Zone | Binance SupportFellow Binancians, Binance will list Magic (MAGIC) in the Innovation Zone and will open trading for these spot trading pairs at 2022-12-12 08:00 (UTC): New Spot Trading Pairs : MAGIC/BTC, MAGIC/BUS...
Read more »
Binance slams 'wrong' report about the DOJ considering money laundering charges against the crypto exchangeThe alleged charges being considered in the Reuters report include unlicensed money transmission, money laundering conspiracy and criminal sanctions violations.
Read more »
Exclusive: U.S. Justice Dept is split over charging Binance as crypto world falters, sources saySplits between U.S. Department of Justice prosecutors are delaying the conclusion of a long-running criminal investigation into the world's largest cryptocurrency exchange Binance, four people familiar with the matter have told Reuters.
Read more »
Crypto Markets Today: Binance a Target of Federal ProbeU.S. prosecutors consider charging Binance executives with money laundering violations. Crypto wallet labeled “Oldwhite” on OpenSea used more than 150 wallets to avoid Chainlink staking limits. $BTC held at $17K. _jocelynyang_ reports
Read more »
BTC price shakes off Binance 'FUD' as analysts eye Q1 2023 Bitcoin bottomBitcoin could see a bottom after a Fed pivot, warn BTC price analysts ahead of CPI.
Read more »
Bitcoin flirts with $17,000 as Binance token price plunges with big week ahead for marketsCrypto prices declined over the past 24 hours as markets contract ahead of tomorrow's inflation data in the U.S. and Wednesday's Fed decision.
Read more »