Crypto
Bitcoin slips as the crypto market shrinks
Digital assets move lower even as Bitcoin stays above key moving averages.
Bitcoin falls 0.9% to $83,601.7266, Ethereum drops 1.1% to $2,654.51, and Solana slips 0.3% to $114.64.
The total crypto market cap falls 4.9% to $2.8T, while Bitcoin dominance stands at 58.6% and Ethereum dominance at 11.3%.
Several crypto names hold up better than the majors. BNB rises 1.3% to $777.0, Dogecoin gains 1.5% to $0.0941, and XRP slips 0.3% to $1.4964.
CoinDesk headlines point to a market that is still trading through rate expectations, with traders pricing in 4 Fed rate hikes by June 2027 and bitcoin sliding below $83,000 during the session.