Bitcoin News

Bitcoin News

Markets

Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests

Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.

The 14-day RSI has dropped to lowest since March 2020. (TradingView/CoinDesk)

Markets

Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates

Instruments tied to interest rates compete with Bitcoin for investor dollars.

Could BTC price rise 44% from firms buying in the open market? (Getty Images)

Videos

Bitcoin and U.S. Real Yield Notch Strongest Inverse Correlation in Four Months

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months. Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

CoinDesk placeholder image

Markets

Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's Slide

The ether-bitcoin ratio rose more than 2% past week. The gain is inconsistent with its record of taking losses during bouts of risk aversion.

road through forest forking, seen from above

Markets

Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend

Crypto markets last week saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.

Trading prices displayed on a monitor screen.

Markets

Bitcoin and U.S. Real Yield Reach Strongest Inverse Correlation Since April

Bitcoin fell over 10% last week as the yield on the 10-year inflation-indexed security rose to the highest since 2009.

food shopping in brown bags