Bitcoin's Appeal Wanes as Price Stabilizes Below $29.5K in Asia.

Bitcoin's value has dropped below $29.5K as investors' appetite for riskier assets lessens. The recent Ethereum Shanghai upgrade has yet to affect the value of Ether, which is currently trading at around $2,075. The CoinDesk editorial team has identified 19 crypto projects that solve important problems, including those within the crypto ecosystem and in the world generally. The projects were selected based on their innovative ideas, convincing proposals or evidence of success, and talented, committed people. Pew Research Center's recent poll shows that only 6% of Americans are very confident in the reliability and safety of cryptocurrencies.