Home Cryptocurrency Bitcoin, Ether tread water; U.S. equities slide with mega-cap tech giants leading the declines

Bitcoin, Ether tread water; U.S. equities slide with mega-cap tech giants leading the declines

by Harry Garcia

Bitcoin, the world’s largest cryptocurrency, dipped on Wednesday morning in Asia and continued to trade below the US$26,300 mark. Ether, the second-largest crypto, made marginal gains but could not reclaim the US$1,600 level. Other top 10 non-stablecoin cryptocurrencies displayed mixed performances, with Binance’s BNB token leading the winners and The Open Network’s Toncoin leading the losers. In the US, stock futures were up following losses of over 1% on Wall Street on Tuesday. Investors are anticipating more key inflation data on Thursday as they look for signs of a US recession and further interest rate hikes.

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