MENU

Coins

Exchanges

Ethereum (ETH)
$ 3,894.16 119.94 (% 3.18)
Bitcoin (BTC)
$ 119,112.58 783.46 (% 0.66)
XRP (XRP)
$ 3.265677 0.074699 (% 2.34)
Binance Coin (BNB)
$ 856.65 59.98 (% 7.53)
Cardano (ADA)
$ 0.835597 0.011650 (% 1.41)
Tether (USDT)
$ 1.00 0 (% -0.02)
Litecoin (LTC)
$ 114.50 -1.00 (% -0.87)
Stellar (XLM)
$ 0.44305 0.00085 (% 0.19)
TRON
$ 0.322807 0.000298 (% 0.09)
Bitcoin Cash (BCH)
$ 577.41 -7.31 (% -1.25)
Ethereum Classic (ETC)
$ 23.317979 0.458236 (% 2.00)
Tezos (XTZ)
$ 0.911547 0.024962 (% 2.82)
Cosmos (ATOM)
$ 4.88 0.07 (% 1.53)
NEO (NEO)
$ 6.87 0.22 (% 3.24)
Holo (HOLO)
$ 0.003539 0.000008 (% 0.23)
Basic Attention Token (BAT)
$ 0.164665 -0.005692 (% -3.34)
Dash (DASH)
$ 23.42 0.70 (% 3.08)
EOS (EOS)
$ 0.58 0 (% 0.57)

This Week In Markets: Bitcoin Climbs, Coinbase Stock Shrugs Off Moody`s Downgrade

Bitcoin jumped over $23,000 heading into the weekend.

This Week In Markets: Bitcoin Climbs, Coinbase Stock Shrugs Off Moody`s Downgrade

The past week has seen crypto prices continue their upward trajectory, with bitcoin rising 16.8% and jumping over the $23,000 mark going into the weekend.

Bitcoin was trading at $23,262 as of 2 p.m. ET. Meanwhile, ether rose 14.3% to around $1,663.

Cryptocurrencies like Binance's BNB, Polygon's MATIC and XRP also rose by 3.7%, 9.2% and 6.8%, respectively.

FTT jumped up this week on the news that FTX's new CEO was considering restarting the exchange. It was trading at around $2.30.

Not all crypto stocks had a positive week. Silvergate, which posted $1 billion losses in its fourth quarter, fell 1.7% over the past five days.

Galaxy Digital also slipped by about 4%.

On the other hand, shares of Coinbase rose by 13.3%, even as it was downgraded by Moody's, and MicroStrategy by 13.1%.

For structured products, GBTC surged 18.1% and ETHE rose 19.2%.

 

Source: theblock.co