POKKET: Today’s Crypto Market Commentary (March 23)
Bitcoin & ETH are each lower -5%, $54400 & $1680. Movers are POLY +11%, VALUE +9%, AKRO -11%, BTM -9% in Pokket universe.
$6B worth of options are expiring this Friday, and exchange volumes and activities are flat over the past 24-48hrs. Fund flows have also declined as Bitcoin has been sideways.
Powell says cryptocurrencies are ‘not really useful stores of value’ and says Fed will move slowly.
Crypto is banned in Morocco, but Bitcoin purchases continue to soar.
Check out today’s interest rates at POKKET and earn interest on your crypto.