Market Wrap


Markets

Bitcoin holds $84,000 — for now — but analysts warn of drop to $70,000 if support fails

Thursday's decline showed that, despite hopes for being a macro hedge, bitcoin continues to trade like the riskiest of risk assets when markets turn lower.

CoinDesk

Markets

Bitcoin tumbles to 2026 low of $85,200 as gold reverses big gains, Microsoft leads Nasdaq lower

Soaring to $5,600 at one point earlier on Thursday, gold quickly pulled back to below the $5,200 level in U.S. morning trade.

Bitcoin (BTC) price Jan. 29 (CoinDesk)

Markets

Bitcoin remains subdued as gold races to new record above $5,400 following Jerome Powell remarks

Gold fans rushed in to buy as the Fed chair said he took no macro signal from the raging bull market in precious metals.

Jerome Powell speaking at podium

Markets

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks

The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

Donald Trump points at the audience during a press conference at the White House.

Markets

Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention

Having earlier breached $100 per ounce for the first time ever, silver has risen to $101, while gold sits just shy of $5,000 per ounce.

CoinDesk

Markets

Bitcoin plunges below $90,000 amid global risk asset selloff

Ether is the worst performer among the major cryptos, down more than 6% over the past 24 hours and tumbling below $3,000.

CoinDesk

Markets

Bitcoin steadies at $93,000 as market braces for a bumpy week in trade war rhetoric from Davos

Expect crypto volatility over the next few days on Trump tariff headlines, one Kraken executive warned.

Bitcoin (BTC) price on Jan 19. (CoinDesk)

Markets

Bitcoin slides below $96,000 as key crypto bill stalls in Congress

After a brief reprieve, crypto returned to selling off during U.S. market hours on Thursday.

Bitcoin (BTC) price on Jan. 15 (CoinDesk)

Markets

Bitcoin stalls below $92,000 as privacy coins rally; crypto miners surge on Meta AI news

Traders rotated to Monero (XMR), Zcash (ZEC) and Railgun (RAIL) as bitcoin, ether remain stuck under key resistance levels.

Bitcoin (BTC) price on Jan. 12 (CoinDesk)

Markets

Bitcoin pulls back to $90,000 as early Friday rally attempt fails

U.S. employment data for December was mixed, while inflation expectations edged higher, and the U.S. Supreme Court did not deliver a ruling on the Trump Administration's tariffs.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)