The Gemini Dollar price is $1.00, a change of 0.12% over the past 24 hours as of 9:14 a.m. The recent price action in Gemini Dollar left the tokens market capitalization at $362,713,213.61. So far this year, Gemini Dollar has a change of 0.54%. Gemini Dollar is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
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Fitch downgraded the U.S. credit rating to AA+. A similar downgrade by S&P in early August 2011 had cratered risk assets, including bitcoin.
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A meme coin frenzy has ensued on Coinbase’s layer 2 blockchain even as the network is not officially live yet.
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U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.
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The dollar value of the unlock amounted to 38% of the cryptocurrency's average 30-day trading volume and had potential to push prices lower, per one analyst.
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CoinDesk’s Bitcoin and Cryptocurrency Calculator determines the exchange rates between major fiat currencies and cryptocurrencies – including BTC, BCH, ETH and XRP to USD, EUR, GBP, IDR and NGN – with up to six decimal places of accuracy. Conversion rates are based on CoinDesk’s Bitcoin Price Index and the price indices of other digital assets. World currency prices are based on rates obtained via Open Exchange Rates.
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