Altcoins
Market Wrap: Bitcoin Holds Above $20K Amid Light Trading
U.S. equity markets were closed in celebration of the Juneteenth holiday.
First Mover Asia: Bitcoin as Digital Gold and Inflation Hedge. Really? BTC Is Under Water, While the Metal You Can Hold Is Breathing Air; Cryptos Rebound Sunday
A Sunday rally had bitcoin perched back over $20K and ether above $1.1K, but the recent Terra and Celsius debacles have increased investor anxiety about the digital assets' ability to maintain those levels.
Market Wrap: Bitcoin Heads for Worst Week in Year
The latest crypto news and headlines for Friday, June 17.
First Mover Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K
The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.
Market Wrap: Bottom Has Not Been Reached for Crypto, but Capitulation Is Needed
The rally in bitcoin and other major cryptocurrencies after the Fed meeting on Wednesday proved short-lived.
First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike
Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground.
Market Wrap: Fed Hikes Rates at Highest Level Since 1994, Bitcoin Rallies After
The cryptocurrency fell to $20,270 after the Fed's statement but rebounded shortly after.
First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle
The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve; bitcoin and ether are down in Tuesday trading.
Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
Bitcoin hovered around $22,000, down about 5% over the past 24 hours.
Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018
Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.
