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Tasmiya

06/17 05:00

Bitcoin is trading flat while the rest of the cryp

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Bitcoin is trading flat while the rest of the crypto market showing signs of a capital rotation. The largest token traded around $65,800 on Wednesday, down 0.3% over 24 hours but up 7.4% on the week, per CoinDesk data, holding near $66,000 as traders waited on the Federal Reserve's first rate decision under new Chairman Kevin Warsh. The action was in altcoins. Uniswap's UNI was the standout, jumping 22.5% to $3.53 after Standard Chartered initiated coverage with a $100 price target by 2030, with the bank's digital assets research head Geoffrey Kendrick calling the decentralized exchange a foundational layer of the on-chain economy.
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