Bitcoin fell on Thursday amid thin trading and weak demand on crypto assets this week.
At Bitstamp, Bitcoin shed $26, or 0.4% to $6,385, with an intraday high at $6,422, and a low at $6,361.
Bitcoin rose 0.3% on Wednesday, the first profit in three days, with a week high at $6,473, as trading continues to waver with crypto assets.
Market value of cryptocurrencies inched down on Thursday to $208 billion as most of them experienced marginal dips.
The one big event that could throw storms on crypto movements is the US Securities and Exchange Committee (SEC)'s long awaited decision on approving Bitcoin exchange-traded funds, but it's expected that decision might be put off until next February.
Otherwise, News outlets reported the Financial Services Agency (FSA) in Japan has agreed to give the Japan Virtual Currency Exchange Association (JVCEA) to conduct full oversight over crypto self-regulation.
The FSA expects the JVCEA to come up with suitable guidelines to protect client assets and combat money laundering and other illegal activities.
In Singapore, state-owned Vertex, which manages $223 billion in assets, has announced an investment in Binance to facilitate its expansion in the country.
Binance, the world's largest crypto exchange, has recently announced plans for global expansion, with aim to open offices in the UK and Singapore.
Dollar slipped in Asian trade off October 10 highs for yet another session against yen, ahead of US housing, labor, and trade data, and amid a lack thereof from Japan today.
As of 05:35 GMT, USD/JPY shed 0.16% to 112.08, with an intraday high at 112.26, and the lowest since October 16 at 111.82.
Markets now await US data on durable goods orders, expected with a 1.3% drop in September, compared to a 4.4% increase in August.
The goods trade deficit is estimated at $74.9 billion, slightly down from $75.5 billion in August, as unemployment claims are expected with a 4 thousand increase to 214 thousand in the week ending last Saturday.
US pending home sales are estimated to have receded 0.1%, improving fro ma 1.8% tumble in August.
Federal Reserve Governor Richard Clarida is due to speak about the economic outlook and monetary policy at the Peterson Institute for International Economics Luncheon, in Washington DC, while Federal Reserve Bank of Cleveland President Loretta Mester is scheduled to speak at New York University later today.
Litecoin inched lower on Thursday, after similar profit-taking efforts wiped most of the hefty gains made at the start of last week on the back of news that cryptocurrency Tether will be dumped off many platforms, with traders flocking back then to safer and more "traditional" crypto assets.
As of 05:27 GMT, Litecoin fell 0.21% to $52.910, with an intraday low at $52.599, and a high at $53.148.
Last week, Litecoin marked the first weekly profit in four, boosted by a 6% surge at its start, the best daily performance since September 27.
The Path of Litecoin
Litecoin was first publicly offered in the first half of 2013 at only $3, marking record lows at below $1 in early 2015 before taking off on its long and spotted journey higher.
The cryptocurrency pierced $100 for the first time on November 29, 2017, before scaling a record high at $370.78 on December 19, and plummeting back below $100 on June 12, then moving on to $$47.22 on September 12.
Silver futures rose in Asian trade as the dollar index backed off August 17 highs, ahead of the European Central Bank's policy decisions, and before a host of US housing, labor, and trade data later today.
As of 05:20 GMT, silver futures due in December rose 0.57% to $14.76 an ounce, while the dollar index shed 0.16% to 96.28 against an array of major currencies.
The ECB is expected to maintain the main refinancing rate at zero percent, and the deposit rate at minus 0.40%, and carry on the monetary easing program until the end of the year at a pace of 15 billion euros a month.
Markets also await US data on durable goods orders, expected with a 1.3% drop in September, compared to a 4.4% increase in August.
The goods trade deficit is estimated at $74.9 billion, slightly down from $75.5 billion in August, as unemployment claims are expected with a 4 thousand increase to 214 thousand in the week ending last Saturday.
US pending home sales are estimated to have receded 0.1%, improving fro ma 1.8% tumble in August.
Federal Reserve Governor Richard Clarida is due to speak about the economic outlook and monetary policy at the Peterson Institute for International Economics Luncheon, in Washington DC, while Federal Reserve Bank of Cleveland President Loretta Mester is scheduled to speak at New York University later today.