Bitcoin Slips Below $23,000 As Eurozone Moves to Curb Inflation with Interest Rate Hike
After a recent mini bull run that saw Bitcoin touch the $24,000 mark, the leading cryptocurrency is once again trading below $23,000.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate
Bitcoin Magazine Greece Approves 10% Crypto Capital Gains Tax as First Framework Lands Below Draft Rate Greece’s parliament approv...
IREN Mining Revenue Falls 58% as AI Sales Reach $200 Million
IREN aims to substantially complete its mining transition by December, while its $4 billion AI revenue run-rate target moves into...
Terawulf and IREN Bet Big on AI as Bitcoin Mining Revenue Shrinks
Despite top-line growth, Terawulf’s operating loss widened to $88.2 million in Q3 while IREN saw bitcoin mining revenue fall 88% y...
Core Scientific sells 816 BTC, holds just 32 BTC as AI pivot accelerates
Core Scientific's shift from Bitcoin mining to AI infrastructure highlights a broader industry trend towards diversification and t...
A December hike would repeat a pattern Bitcoin has lost every time
A December rate hike could further challenge Bitcoin's stability, highlighting its vulnerability to monetary policy shifts. The po...
TeraWulf posts $76.2 million Q3 revenue as AI leases outgrow Bitcoin mining
TeraWulf's shift towards AI leases over Bitcoin mining highlights a strategic pivot, potentially reshaping its future revenue stre...