Crypto & #BitcoinPrice2023 News

US stock futures were stable Tuesday as investors assessed market prospects following recent gains.

#Chinese stocks gained amid reports Beijing is considering special measures to support the market.

Bitcoin extended declines below the $40,000 mark, taking the month-to-date losses to 8%.

#EuropeanUnion stocks were in defensive mode, with the Euro Stoxx 50 slipping 0.3%. Germany's DAX 40 index was little changed and France's CAC 40 retreated 0.2%.

In #AsianCrypto , Hong Kong's Hang Seng rallied 2.6% and the Shanghai Composite rose 0.5%. Japan's Nikkei 225 was almost flat at 36,517 and India's Nifty 50 dropped 1.5%.

In the crypto market, bitcoin slid 1.7% to $38,870, taking losses in January to more than 8%. Ether slid almost 4% to $2,221.

The Dollar Index, which tracks the greenback against a basket of currencies, moved in tight ranges.

Ten-year Treasury yields were little changed at 4.13%. US crude oil declined 0.6% to $74.28 a barrel.

The world’s largest cryptocurrency broke beneath $40,000 yesterday, and many retail investors believe it is heading even lower by year-end, according to a #deutschebank $ Research report.

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