Bitcoin (CRYPTO: BTC) was declining just 1% lower on Friday in bullish opposition to the S&P 500, which rejected an important psychological level at $4,000 and slid about 0.08%.
Cryptocurrencies have shown broad resilience since Powell’s hawkish comments last Friday.
In fact, Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and the rest of the gang have collectively outperformed equities over the past week.
EOS's (CRYPTO: EOS) price has increased 5.84% over the past 24 hours to $1.51, which is in the opposite direction of its trend over the past week, where it has experienced a 6.0% loss, moving from $1.62 to its current price.
Over the past 24 hours, Uniswap's (CRYPTO: UNI) price rose 4.9% to $6.43. This continues its positive trend over the past week where it has experienced a 3.0% gain, moving from $6.39 to its current price. As it stands right now, the coin's all-time high is $44.92.
Over the past 24 hours, Chainlink's (CRYPTO: LINK) price has risen 5.9% to $7.0. This continues its positive trend over the past week where it has experienced a 6.0% gain, moving from $6.68 to its current price. As it stands right now, the coin's all-time high is $52.70.
What happened: Virtual land tokenized as an NFT just sold for $4,395, which is 1.68x the current floor price of 1.645124 Ethereum (CRYPTO: ETH) ($4,395 USD). The collection consists of over 97,000 plots of land –– at the current moment each plot Land parcels are 16m x 16m, or 52 square feet.