Altcoins

Altcoins

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Market Wrap: Cryptocurrencies Fade on News That Powell Will Be Renominated as Fed Chairman

Bitcoin struggles to maintain weekend gains as buyers take profits.

Federal Reserve Board Chairman Jerome Powell

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Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin is stabilizing after a near-10% decline over the past week.

Sell-off stabilizes (Shutterstock)

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Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Traders are in no hurry to buy given regulatory concerns and muted volume.

Crypto correction (Shutterstock)

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Not All Cryptos Are Scarce Like Bitcoin

For many cryptocurrencies and digital assets, scarcity is a key part of their value. But not all scarcity is created equal.

(Firos nv/Unsplash)

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Market Wrap: Cryptocurrency Sell-Off Stabilizes Amid US Tax Concerns

Bitcoin’s price declined about 5%, but later stabilized around $60K.

(Shutterstock)

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Market Wrap: Analysts See Bitcoin as Still in ‘Bullish Phase,’ Despite Pullbacks

But it remains to be seen whether investors will continue to accumulate BTC in hopes of long-term gains.

(Jared Schwitzke/Unsplash)

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Market Wrap: Bitcoin Expected to Rise on Taproot Upgrade

Some analysts expect a price rise as the Bitcoin network receives the most significant upgrade since 2017.

Bitcoin rise (Shutterstock)

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Market Wrap: Bitcoin Stabilizes as Traders Prepare for Taproot Upgrade

Analysts expect further upside despite short-term price swings.

Bitcoin 24-hour price chart (CoinDesk)

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Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher

Bitcoin is up about 5% over the past week, compared with a 3% rise in ether over the same period.

Bitcoin market dominance ratio (Damanick Dantes/CoinDesk, TradingView)