Will the CPI Crash the USD?
The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
Bitcoin fluctuates below $4,000
On Thursday, Bitcoin was still below the psychologically crucial $4,000 mark without any clear driver. What’s more, the number one digital coin generally neglected the jump in most other risky assets against the backdrop of reports of substantial improvement in resolving the ongoing trade clash between China and America.
As for the news flow in the industry, it was thin enough. Eventually, Samsung 's inclusion of a crypto wallet on its fresh handset filled the void.
On the Investing.com Index, Bitcoin dipped by about 0.08% being worth $3,943.80.
In contrast with Wednesday’s outcome of $135 billion, digital coins generally dived a bit hitting $133 billion.
The number two crypto asset in terms of market capitalization and popularity, Ethereum went down by .2% concluding the trading marathon at $145.31. Secondly, XRP inched down by 1.9% reaching $0.32111. As for Litecoin, it was worth $49.041, diving by about 3.6%.
As follows from Samsung’s press release, their new handset the Galaxy S10 came with defense-grade Samsung Knox, not to mention secure storage underpinned by hardware, housing user private keys for blockchain-enabled gadgets.
The South Korean new handset is going to be available online and also in stores starting from March 8. It has been reported that its Knox mobile security is expected to protect such vital data as private keys and passwords.
By the way, the announcement showed up after HTC’s launch of its Exodus handset in October that supports multiple blockchains. Meanwhile, in December, Sirin Labs came up with a blockchain phone, dubbed Finney.
Besides this, Japan’s banking giant Mizuho Financial Group will be the latest financial institution to start a stablecoin for payments as well as remittance services.
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