First Mover Asia: Bitcoin Holds Tight Below $20K; Blockchain Protocol Cardano Arrives on Robinhood. Who Cares?

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First Mover Asia: Bitcoin Holds Tight Below $20K; Blockchain Protocol Cardano Arrives on Robinhood. Who Cares?
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Bitcoin held steady just below $20K throughout the weekend; Cardano's arrival on RobinhoodApp may not lead to a price breakout, given the blockchain protocol's small total value locked compared to other protocols. JPRubin23 and TheSamReynolds report

Ten-year Treasury yield daily close: 3.19%Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atBitcoin camped out below $20,000 on the last three-day summer holiday weekend in the U.S.

"We continue to see Bitcoin struggling to maintain $20,000 support," Joe DiPasquale, the CEO of crypto asset manager BitBull Capital, wrote in an email to CoinDesk.

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