Bitcoin Surges Above $53K; Stacks Co-Creator on Layer 2 Developments

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Bitcoin Surges Above $53K; Stacks Co-Creator on Layer 2 Developments
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'First Mover' host Jennifer Sanasie breaks down the latest price movement of bitcoin (BTC) as the largest cryptocurrency by market cap is trading near $53,500 after surging more than 20% since the beginning of this year. Plus, a conversation with Stacks' co-creator and Trust Machines CEO Muneeb Ali on what's exciting in the Bitcoin ecosystem.

"First Mover" host Jennifer Sanasie breaks down the latest price movement of bitcoin as the largest cryptocurrency by market cap is trading near $53,500 after surging more than 20% since the beginning of this year.Christine Lee is an anchor and producer at CoinDesk. Previously, she anchored live daily market updates and reported business news features for television stations around the world at Thomson Reuters. She first began covering cryptocurrencies at Bloomberg TV Canada.

The CoinDesk Bitcoin Price Index is the world’s leading reference for the price of bitcoin, used by the largest institutions active in crypto assets. It is the crypto market standard, benchmarking billions of dollars in registered financial products and pricing hundreds of millions in daily over-the-counter transactions. Built for replicability and reliability, in continuous operation since 2014, the XBX is relied upon by asset allocators, asset managers, market participants and exchanges.

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