Bitcoin Slips to $29K, but Fundstrat’s Tom Lee Sees $150K on ETF Approval

The price of bitcoin (BTC) barely held the $29,000 level early Wednesday as the summer slump in trading activity weighs on digital assets. The largest cryptocurrency by market capitalization sank to as low as $29,028, the weakest level since August 7 and down about 1.3% from $29,400 a day ago. The price had bounced modestly … Read more

Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Cryptocurrencies were broadly lower after a sharp mid-afternoon selloff Tuesday upended what had been a mostly quiet session. Leading the CoinDesk Market Index’s (CMI) 1.3% decline were altcoins such as Ripple’s (XRP), Dogecoin (DOGE), Polkadot’s (DOT), Polygon’s (MATIC) and Uniswap’s (UNI), each sporting losses of more than 4% over the past 24 hours. Outperforming were … Read more