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Markets

Bitcoin Bounces Above $84K as Fed's Williams Puts December Rate Cut Back on Table

Previously having essentially written off chances of further monetary ease in 2025, interest rate traders are now pricing more than a 70% chance of a rate cut at the Federal Reserve's December meeting.

The Federal Reserve Bank of New York is leading a program to test the use of digital tokens to settle transactions among financial institutions. (Shutterstock)

Markets

Bitcoin's Nvidia-Led Gains Prove Short-Lived, With Price Slumping Back to $88K

U.S. stocks are also giving up a major early advance, with the Nasdaq now ahead just 0.3%.

Bitcoin (BTC) price on Nov. 20 (CoinDesk)

Markets

Bitcoin Slips Back Below $90K — Crypto Correction Now Ranks Among Worst Since 2017, K33 Says

After a rare spot of outperformance on Tuesday, bitcoin has resumed sliding, with one analyst eyeing $84,000–$86,000 as potential local bottom.

Bitcoin (BTC) price on Nov. 19 (CoinDesk)

Markets

Bitcoin Gains Tuesday as Traditional Markets Slump in Rare Occurrence of Crypto Outperformance

After plunging below $90,000 overnight, BTC has regained the $93,000 level in U.S. morning action.

(Midjourney/Modified by CoinDesk)

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Markets

Bitcoin Slips Below $93K as Crypto Weakness Worsens, but Local Bottom Could Be Near, Analysts Say

BTC has erased all year-to-date gains with the Monday decline, while crypto-related stocks like COIN, CRCL, MSTR, GLXY also plunged.

Bitcoin (BTC) price on November 17 (CoinDesk)

Markets

'No Truth to the Rumor': Michael Saylor Says Strategy Aggressively Accumulating Bitcoin

Amid the continued panicky action in crypto, online chatter suggested Strategy was unloading some of its bitcoin stack, a rumor Executive Chairman Michael Saylor shot down Friday morning.

Michael Saylor (Gage Skidmore/CC BY-SA 2.0/Modified by CoinDesk)

Markets

Bitcoin Crumbles Below $100K, Crypto Stocks Eviscerated as Liquidity Crunch Hammers Risk Markets

Crypto’s U.S. trading-hour weakness continues as hopes for a new 2025 BTC high fade, a market strategist said.

Bitcoin (BTC) price falls below $100,000 (CoinDesk)

Markets

First XRP Spot ETF Opens for Trade With Canary Capital's XRPC

XRP is the latest token to be wrapped in a spot exchange-traded fund after the introduction of bitcoin and ether funds 2024 and solana just weeks ago.

Canary Capital founder and CEO Steve McClurg (Danny Nelson/CoinDesk)

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Policy

Trump Signs Bill to Reopen U.S. Government as Congress Suddenly Ramps Up Crypto Work

The House of Representatives voted in favor of a monthslong funding measure late Wednesday.

U.S. Congress (Jesse Hamilton/CoinDesk)

Policy

U.S. Regulator That May Rule Over Digital Assets Pushing Toward Crypto Spot Trading

The CFTC's interim boss, Caroline Pham, is said to be personally guiding exchanges on launching compliant products as she also overhauls the agency.

CFTC Acting Chairman Caroline Pham speaks at SEC (Jesse Hamilton/CoinDesk)