Bitcoin News

Bitcoin News

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Bitcoin Nears $58K as Market Slides Ahead of Busy Data Week

Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.

Quick slide in crypto prices on Friday (Karsten Winegeart/Unsplash)

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CoinDesk Markets Week in Review

Key Bitcoin Support Levels to Watch as Volatility Rises

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First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target

The latest price moves in crypto markets in context for Aug. 9, 2024.

BTC price, FMA Aug. 9 2024 (CoinDesk)

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Bitcoin Bulls Revisit $100K Year-End Target as BTC Spikes Over $62K

“Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.

Archery Target (Shutterstock)

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Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise

Crypto investment fund Off the Chain Capital Management was among the investors in a private placement that funded the bitcoin purchase.

Medical data company OneMedNet late last month purchased $1.8 million of bitcoin (Fusion Medical Animatin/Unsplash

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Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy

While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.

Bitcoin price on Aug 8 (CoinDesk)

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JPMorgan Remains Cautious on Bitcoin as Positive Catalysts Mostly Priced-In

Retail investors seems to have played large role in recent crypto selloff that saw sharpest correction since FTX, the bank said.

(Shutterstock)

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First Mover Americas: Crypto Prices Little Changed, XRP Surges

The latest price moves in crypto markets in context for Aug. 8, 2024.

XRP price, FMA Aug. 8 2024 (CoinDesk)

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