Altcoins

Altcoins

Markets

Market Wrap: Bitcoin Rises Above $38K Ahead of Seasonally Strong February

Historically, bitcoin produces positive returns in February. But risks remain.

Chart pointing upwards.(Frank Busch/Unsplash)

Markets

First Mover Asia: Bitcoin Barely Budges in Weekend Trading

Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.

Bitcoin's price stayed roughly flat over the weekend.  (Mike Aguilera/SeaWorld San Diego via Getty Images)

Videos

Goldman Sachs: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables

In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets. “The Hash” hosts dig into the report, discussing whether bitcoin moves in sync with the traditional markets.

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Markets

Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables

The bank’s analysts said digital assets won’t be immune to macroeconomic forces such as monetary tightening.

sword, ancient

Markets

First Mover Asia: Bearish Crypto Sentiment Continues as Dollar Strengthens

Bitcoin was up slightly, but ether and most other major altcoins fell as investors continued to digest the Federal Reserve's hawkish comments from Wednesday.

Black Bear (Photo by Galen Rowell/Corbis via Getty Images)

Markets

Market Wrap: Bitcoin Rangebound Ahead of Option Expiry; Expect Higher Volatility

Sentiment in the bitcoin options market is mixed, although some traders are seeking downside protection.

Traders are starting to position themselves ahead of the bitcoin options expiry on Friday. (Wim van 't Einde/Unsplash)

Markets

First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out

Bitcoin drops below $37,000 after soaring to nearly $39,000 following remarks by Federal Reserve Chairman Jerome Powell.

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Markets

Market Wrap: Bitcoin Rally Fades After Fed Signals Upcoming Rate Hike

Bitcoin was roughly flat over the past 24 hours amid choppy trading conditions.

Bitcoin 24-hour price chart (CoinDesk)

Markets

Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical

Trading volume is increasing ahead of Wednesday's Federal Reserve press conference.

Bitcoin 24 hour price chart (CoinDesk)