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About BTCPX

BTC Proxy provides a scalable layer-two protocol to decentralize the tokenization of Bitcoin mainly for multinational institutions. At its core, BTCpx is a Bitcoin bridge using insured multisig third-party custodians to facilitate the unlocking of an otherwise dormant BTC. With Proxy Finance liquidity mining and rebase staking programs, these BTC holders can now participate in a DeFi 2.0 protocol, to earn significantly higher yields.

BTC Proxy (BTCPX) is a cryptocurrency launched in 2022. BTCPX has a current supply of 14.22 with 0 in circulation. The last known price of BTCPX is 60,876.44 USD and is -125.816718734729 over the last 24 hours. It is currently trading on active market(s) with $16,200.99 traded over the last 24 hours. More information can be found at https://www.btcpx.io.

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BTCPX Price Statistics
BTCPX’s Price Today
24h Price Change
-$125.8167187347290.21%
24h Volume
$16,200.993.47%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7810
BTCPX Market Cap
Market Cap
$0
Fully Diluted Market Cap
$865,949.89
BTCPX Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
BTCPX Supply
Circulating Supply
0
Total Supply
14.22
Max Supply
0
Updated May 13, 2024 2:20 pm
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BTCPX
BTC Proxy
$60,876.44
$125.816718734729(-0.21%)
Mkt Cap $0
There's nothing here for now
Crypto Market Stagnates Amid Anticipation of Key Economic Events
Crypto Market Stagnates Amid Anticipation of Key Economic Events
According to CryptoPotato, the cryptocurrency market experienced a stagnant weekend following a decline last week, which brought the total market capitalization down to $2.38 trillion. The upcoming week's economic calendar, filled with key inflation data and several Federal Reserve speeches, could potentially trigger more market volatility. Tuesday will see the release of the core Producer Price Index (PPI) report, a key indicator of input prices for producers and manufacturers. This report measures the costs of producing consumer goods, which directly impacts retail pricing. The PPI report is often seen as a precursor to inflationary pressures and serves as a leading indicator for the following month's Consumer Price Index (CPI) report. Key events to watch this week include the release of April's PPI inflation data and a speech by Federal Reserve Chair Jerome Powell on Tuesday. This will be followed by the release of April's CPI inflation data and retail sales data on Wednesday. Thursday will see the release of the Philadelphia Fed Manufacturing data. In total, there will be 12 Federal Reserve speaker events throughout the week. The Core CPI report for April, which is one of the two main indicators used to measure inflation, will be released on Wednesday. The other key inflation indicator is Personal Consumption Expenditures (PCE). The CPI report directly influences price trends in the economy, consumer spending, and business outlooks, and it also has a direct impact on the Federal Reserve's policy rate decisions. The Kobeissi Letter noted that if CPI inflation rises again this week, it would mark the third consecutive monthly increase. A survey conducted by the Conference Board last week revealed that the majority of US CEOs expect the Fed to cut rates only once this year. Out of 136 CEOs surveyed, 31% do not anticipate any rate cuts this year, while 26% predict two rate cuts. In the crypto market, Bitcoin prices were around $61,000 at the time of writing, down 4.3% from the same time last week. Ethereum has not managed to recover above $3,000 after falling below it on May 10 and remains short-term bearish at $2,900. Most altcoins were in the red, with larger losses for Solana, Dogecoin, Avalanche, and Near Protocol.
May 13, 2024 2:16 pm

Frequently Asked Questions

  • What is the all-time high price of BTC Proxy (BTCPX)?

    The all-time high of BTCPX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of BTC Proxy (BTCPX) is 0. The current price of BTCPX is down 0% from its all-time high.

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  • How much BTC Proxy (BTCPX) is there in circulation?

    As of , there is currently 0 BTCPX in circulation. BTCPX has a maximum supply of 0.

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  • What is the market cap of BTC Proxy (BTCPX)?

    The current market cap of BTCPX is 0. It is calculated by multiplying the current supply of BTCPX by its real-time market price of 60,876.44.

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  • What is the all-time low price of BTC Proxy (BTCPX)?

    The all-time low of BTCPX was 0 , from which the coin is now up 0%. The all-time low price of BTC Proxy (BTCPX) is 0. The current price of BTCPX is up 0% from its all-time low.

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  • Is BTC Proxy (BTCPX) a good investment?

    BTC Proxy (BTCPX) has a market capitalization of $0 and is ranked #7810 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze BTC Proxy (BTCPX) price trends and patterns to find the best time to purchase BTCPX.

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