Bitcoin is trying to get closer to $68,500
The cryptocurrency market is gaining minimally on Friday. At the time of publication of this review, Bitcoin (BTC) was trading at $68,386.
Ether (ETH) rose to $3,743 due to low activity from Asian traders. The value of Dogecoin (DOGE), Cardano (ADA) and Toncoin (TON) is rising.
US stock futures also fell moderately in Asia-Pacific trading as investors reconsider strategy ahead of inflation data, CNBC reported.
S&P 500 and Nasdaq futures fell 0.3%. Trading in the US the day before ended with a drawdown of the Dow Jones indicator by more than 300 points.
Capital also flowed out of technology stocks, whose performance is reflected in the S&P 500 and Nasdaq stock indexes.
In the spot Bitcoin ETF market, there has been a redistribution of capital in favor of the IBIT fund from BlackRock. He has now become the largest BTC holder, with Grayscale's GBTC falling to second place.
IBIT manages $19.68 billion worth of digital currency
Since the launch of exchange-traded crypto funds ETFs investing in BTC, the volume of investment in such instruments has amounted to $58.5 billion.