Mining profitability also declined last month, with daily block reward revenue down 7%, and 32% year-on-year.
Bitcoin network hashrate fell for second consecutive month in December: JPMorgan
Mining profitability also declined last month, with daily block reward revenue down 7%, and 32% year-on-year.
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XLM rebounded from overnight lows at $0.38, with strong demand at support levels and signs of institutional accumulation driving the token back above $0.39.
Japan’s 10-year government bond yield briefly touched 2% for the first time since 2006 after the central bank lifted its benchmark rate.
Major tokens rose as experts downplayed fears of stagflation and recession triggered by downward revision of U.S. jobs.
Robinhood was leading among the exchanges and Trump-affiliated American Bitcoin was higher by 10% after adding to its bitcoin stack.