Trend: After volatile trading in the last 36 hours, bitcoin is ranging sideways within $4,800 to $5,200 in the last few hours of trading. The U.S. government has made a slew of announcements over the last few days, from declaring a state of emergency and additional support for the markets, making prices see-saw.
It's possible volatility is here to stay, and price moves depend on positive or negative news about coronavirus effects. Assets like gold seem to be into lockstep with price movements of bitcoin and the Nikkei 225 has been an indicator of overnight trading performance these days. Bitcoin as an uncorrelated asset is no longer in whipsaw times for the overall market.
As for other top crypto assets, Binance's BNB is down. Ether and XRP, second and third in market capitalization, is performing more poorly than the top dog, bitcoin, down 4 percent.
Coinbase Chief Legal Officer Leaves (CoinDesk) Brian Brooks is leaving the crypto exchange to become the second in command at the U.S. Office of the Comptroller of the Currency (OCC) effective April 1, 2020.
US Woman Gets Jail For Funding ISIS (CoinDesk) Zoobia Shahnaz gets 13 years for providing over $150,000 in cryptocurrency to a foreign terrorist organization and attempting to travel to join ISIS.
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