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MARKETS DAILY: UpBit Hack Reactions & Crypto Liquidity Insights

On today’s episode, we’re talking markets reaction to UpBit exchange hack, crypto liquidity, and VeChain’s November rally.

Updated Dec 12, 2022, 1:55 p.m. Published Nov 27, 2019, 5:00 p.m.
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Welcome to the CoinDesk Markets Daily Podcast, a 10-minute look at what's driving the crypto markets today. The podcast appears daily and we'd love you to subscribe in your favorite podcast apphttp://feeds.feedburner.com/MarketsDaily or grab the MP3 here.

STORY CONTINUES BELOW
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Tune in as CoinDesk podcasts editor Adam B. Levine and senior markets reporter Brad Keoun run down recent action in the markets, interesting longer-term trends and some of the most important crypto industry developments of the day.

On today’s episode:

Any questions, comments or thoughts you'd like to share? Write to Markets Daily at [email protected]

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Altcoins outpace bitcoin as precious metals' historic rally keeps macro focus sharp

Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)

Altcoins posted broader gains in quiet Sunday trading as bitcoin held a tight range near $88K and analysts weighed crypto against the surge in precious metals.

Ano ang dapat malaman:

  • XRP, dogecoin and solana outperformed bitcoin and ether over the past 24 hours in thin weekend trading.
  • Analysts said bitcoin remains range-bound between roughly $86,500 and $90,000.
  • Glassnode flagged spot price sitting near one on-chain mean while remaining well below short-term holders’ cost basis.