Crypto prices were relatively steady, while ether and DOT dipped. Silvergate sank as equities were in the red.
Bitcoin continues to trade around $23,000, relatively flat throughout the day, according to TradingView data.
BTCUSD chart by TradingView
Ether slid around 1% to $1,614 by 4:25 p.m. EST, and Polkadot’s DOT dropped 2.6% in the same period.
ETHUSD chart by TradingView
Crypto stocks and structured products
Silvergate shed 11% to around $14.27, according to Nasdaq data, having gained 17% during Monday’s session.
Coinbase dropped 4.3% to $53.56, and Block and MicroStrategy fell about 1%.
Grayscale’s premier fund, the Grayscale bitcoin trust (GBTC), fell 2.5% to $11.97. Shares in the fund now trade at a discount of 41.5% to the value of the bitcoin in the fund, according to The Block data.
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This article has been originally published at: https://www.theblock.co/post/205267/ether-polkadot-slide-with-equities-as-silvergate-surrenders-mondays-gains