Bitcoin rose early on Monday to crack $24K before settling a little below this threshold. Ethereum's Vitalik Buterin and Tron's Justin Sun are clashing about the future of Ethereum. JPRubin23 and TheSamReynolds report
Ten-year Treasury yield daily close: 2.77%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atBitcoin bounded out of the starting gate Monday, cracking $24,000 at one point before settling just below this threshold as investors began a two-day wait for the latest inflation numbers.
"Bitcoin remains near its recent highs as crypto traders are looking to see if the crypto winter is over," Oanda Senior Market Analyst Americas Edward Moya wrote in an email. Beleaguered crypto lending platform Celsius skyrocketed more than 24% to trade at a higher price than before it encountered financial difficulties and halted user withdrawals in early June. But Brett Sifling, director at Gerber Kawasaki Wealth & Investment Management,that CEL may have been swept up in a surge of speculative assets and meme stocks.
"It’s inflation week, and all eyes are on the U.S. CPI report," wrote Jeff Dorman, chief investment officer of the financial services firm Arca."Markets are looking for headline inflation to slow down. Signs of peak inflation abound, with commodity prices declining precipitously from their highs - historically a strong sign of an impending inflation slowdown."its latest dose of bad news Monday with the announcement that the U.S.