Market Wrap

Market Wrap

Markets

Tokenization stocks slip as SEC delay puts 'speed bump' in crypto’s Wall Street push

Bullish, Coinbase, and Circle were among the names lower on Friday after the regulatory setback.

Wall Street street signs (Chenyu Guan/Unsplash)

Markets

Bitcoin holds monthly gain, faces 'choppy' August as 'forced-selling' exhausted, analysts say

The largest crypto shrugged off a barrage of bad news this month, but traders remain cautious as rate hike fears and jobs data loom.

Bitcoin (BTC) price on July 31 (CoinDesk)

Markets

'Anything remotely dovish' from Fed could be good for bitcoin, says analyst

Traders are divided on whether the Fed will hike rates, but analysts said crypto may be less exposed than AI-driven tech stocks.

Federal Reserve Chairman Kevin Warsh

Markets

Bitcoin shrugs off AI selloff but high-stakes Fed meeting could determine what's next

BTC held near $65,000 even as Nvidia and AI stocks fell sharply. This week's Fed decision could determine whether bitcoin finally breaks higher or revisits June's lows, analysts said.

Bitcoin (BTC) price on Monday, July 27 (CoinDesk)

Markets

Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge

Crypto market momentum could extend further unless geopolitical risks flare up again, one analyst said.

Bitcoin (BTC) price on May 5 (CoinDesk)

Markets

Circle, Coinbase lead crypto stocks rally amid Clarity Act progress, bitcoin hitting $80,000

The market is starting to price in potential winners as stablecoin yield compromise opens path for passing key U.S. digital asset regulation, one analyst said.

Jeremy Allaire, Co-Founder, Chairman and CEO, Circle Speaks at Hong Kong Fintech Week in 2024 (HK Fintech Week)

Markets

Bitcoin pulls back to $76,600 as rising oil price and Iran risks stall the rally

Short-term holder profit-taking is offsetting fresh demand from ETFs and Strategy, pointing to consolidation below $80,000, Bitfinex analysts said.

Bitcoin price (CoinDesk)

Markets

Bitcoin is on track for its best month in a year. $5 billion USDT growth fuels the rebound

Strong earnings season trumps geopolitical risks for now, one trader said, as equities and crypto markets "stopped caring" about Iran war headlines.

Bitcoin (BTC) price on April 24 (CoinDesk)

Markets

Bitcoin tops $79,000 as crypto rally gathers steam; Circle, Coinbase, Strategy lead

BTC pushed to an 11-week high with dynamics for a short squeeze building, one analyst noted.

Bitcoin (BTC) price on April 22 Wednesday (CoinDesk)

Markets

Bitcoin bounces above $76,000 as DeFi suffers $14 billion exodus after KelpDAO hack

Crypto steadied despite rising Iran tensions, but DeFi is reeling from one of the largest exploits of the year.

Ship on turbulent waters. (Pixabay)