Crypto
Bitcoin slips as the crypto market cools
Digital assets ease lower even as bitcoin holds above its 50-day average.
Bitcoin falls 0.4% to 64,346.6602, Ethereum slips 0.1% to 1,904.8101, and Solana drops 1.7% to 72.7. XRP loses 2.3% to 1.037, while BNB edges down 0.1% to 592.81.
The total crypto market cap falls 0.3% to $2.3T. Bitcoin dominance stands at 56.6%, with Ethereum at 10.1%.
The bigger picture is still mixed. Bitcoin remains above its 50-day moving average but below its 200-day line. Ethereum is also below its 200-day average, while BNB stays below its 200-day line too.
CoinDesk headlines focus on industry-specific issues, including a power struggle at Ondo Finance, Tether's expansion into Saudi Arabia, and a note that bitcoin and ether benefit when traders seek the safety of larger tokens.