Cryptocurrency Markets

Cryptocurrency Markets

Markets

Bitcoin Back to $42K, Nearly Recovering All of Wednesday's Losses

That didn't take long: Bitcoin is already back to where it was at the start of Wednesday, just before the biggest sell-off in 14 months.

Bitcoin daily price chart shows the cryptocurrency recovering nearly recovered all of the ground lost amid Wednesday's sell-off.

Markets

Crypto Market Loses $460B as Ether, Altcoins Follow Bitcoin’s Deep Dive

The crypto market has lost more than $400 billion in a day.

The total market cap for crypto assets.

Markets

Crypto Exchanges See Fastest Bitcoin Inflows Since ‘Black Thursday’ in March 2020

Inflows are mainly concentrated on the retail-focused Binance, while institutions continue to hold.

Bitcoin inflows to cryptocurrency exchanges surged Monday to a 15-month high.

Markets

Bitcoin Suffers Biggest Pullback This Year, Drops to 3.5-Month Low Near $42K

One trading firm says it's now "very cautious of a gap toward $35K level."

Daily bitcoin price chart, showing year's biggest pullbacks.

Markets

Bitcoin, Ether Dive While Some Alternative Cryptocurrencies Hit Record Highs

The balance of bitcoin held on major exchanges is on the rise in what some analysts say is a bearish sign.

Ether's price on CoinDesk 20.

Markets

Crypto Options Market Makers Starting to Influence Bitcoin Price

"Market makers were heavily short puts in the range of $52,000 to $50,000, and I estimate were forced to sell nearly 2,900 bitcoin," one trader said.

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Markets

Bitcoin’s Still a Buy, Despite Tesla, Says Bloomberg’s McGlone

Will the man who forecast bitcoin's price rise to $50K last year be heeded or ignored?

Some bitcoin mining facilities rely on coal-sourced energy outside of the rainy season.

Finance

Binance's Indian Crypto Exchange Lists SHIB Token as Vitalik Gift Garners Local Press

The new listing comes a day after Ethereum's founder donated $1 billion in SHIB to India Covid Relief Fund.

The Gateway of India in Mumbai.

Markets

Ether Price Pushes Past $4K for First Time, Approaches JPMorgan's Market Value

A Coinbase premium for ether is continuing to spur new investment, according to analyst Ki Young Ju.

Ether has risen to new heights amid increasing demand, low supply and a Coinbase premium still in play.

Markets

Market Wrap: Bitcoin Near $58K, Rises After US Jobs Miss but Lags Altcoins

Bitcoin rose as traders looked towards further Fed support after the U.S. jobs miss. Altcoins continue to outperform.

Bitcoin price chart over past day.