Live updates: Bitcoin gives up gains, falls below $64,000 as stocks retreat

Story summary

Cardano, Sui, Near lead crypto declines as bitcoin stabilizes around $64,000 Bitcoin (BTC) trimmed some of its earlier losses to edge back above the $64,000 level by the U.S. afternoon, though it remained down about 1% over the past 24 hours. The pullback was broad across the crypto market. Nearly every asset in the CoinDesk 20 Index traded lower, with Sui (SUI), Cardano's ADA and NEAR leading declines at 3%-4%. Solana (SOL) fell about 2.5%. Decentralized exchange Uniswap's UNI bucked the trend, rising 1.5% to stand as the index's lone gainer.

Cardano, Sui, Near lead crypto declines as bitcoin stabilizes around $64,000

Bitcoin (BTC) trimmed some of its earlier losses to edge back above the $64,000 level by the U.S. afternoon, though it remained down about 1% over the past 24 hours.

The pullback was broad across the crypto market. Nearly every asset in the CoinDesk 20 Index traded lower, with Sui (SUI), Cardano's ADA and NEAR leading declines at 3%-4%. Solana (SOL) fell about 2.5%.

Decentralized exchange Uniswap's UNI bucked the trend, rising 1.5% to stand as the index's lone gainer.

Original sourceCoinDesk

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Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.