On Tuesday morning, March 1, 2022, the crypto market is back up, as the bitcoin price has climbed back above $43,000, signaling a big upside for the crypto market.
Bitcoin price rise in the morning was in the opposite direction of the stock markets. The Dow closed down 166 points on Monday as investors waited for talks between Russia and Ukraine to defuse the crisis.
- The Dow Jones Industrial Average fell 166.15 points, or 0.49%, to close at 33,892.60 points.
- The S&P 500 was down 10.71 points, or 0.24%, to close at 4,373.94.
- The NASDAQ rose 56.77 points, or 0.41%, at 13,751.40 points.
Latest Moves in the Crypto Market
E-commerce giant eBay wants to become a marketplace for millennials and Generation Z by adding crypto payments to its platform’s payment options. Younger generations are expected to be attracted by this as they have a great interest in the crypto industry.
“We’re not accepting crypto currently, [but] on March 10, we’re going to go deeper on all of these things, payments, advertising, our focus categories.”Jamie Iannone, CEO of eBay
The Spot Market is Open
Tuesday, March 1, 2022