Good morning. Here’s what’s happening:
Prices: This year will continue to be a challenge for crypto, but it’s possible that bitcoin will hit $25,000 says Tastycrypto Head of Digital Assets Ryan Grace.
Insights: In a news analysis, CoinDesk markets reporter Sam Reynolds explains why Asia is a more likely global hub for the evolution of digital assets.
Prices:
 CoinDesk Market Index (CMI) 
 1,029 
  −2.5 ▼ 0.2%    
 Bitcoin (BTC) 
 $21,776 
  +22.3 ▲ 0.1%    
 Ethereum (ETH) 
 $1,505 
  −7.2 ▼ 0.5%    
 S&P 500 
 4,137.29 
  +46.8 ▲ 1.1%    
 Gold 
 $1,866 
  +3.4 ▲ 0.2%    
 Nikkei 225 
 27,427.32 
  −243.7 ▼ 0.9%    
 BTC/ETH prices per CoinDesk Indices, as of 7 a.m. ET (11 a.m. UTC)