The price of bitcoin rallied to over $28K over the weekend after the debt limit deal, but is still set to post its first monthly loss of 2023. LedesmaLyllah reports
The leading cryptocurrency by market value traded as high as $28,400 late Sunday, up from about $25,900 the previous week. At press time, bitcoin is changing hands at just under $28,000. Prices, however, were still down about 5% for May in what would be the first monthly decline of the year, assuming things hold through Wednesday. Ether at the moment is up modestly in May after trading in a tight range for most of the month.
The European Central Bank has finalized prototypes for a digital euro as it prepares to take a decision later this year over whether to develop the EU's fiat currency in a new format, according to. The ECB says its potential central bank digital currency can be designed to boost innovation, but appears more skeptical about using Web3-style
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