Market Wrap

Market Wrap

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Crypto Liquidations Top $1B as Bitcoin, Ether, Solana Sell-Offs Worsen

Strategy (MSTR) plunged as much as 10% and is now lower year-to-date.

Bitcoin falls despite coming rate cuts (Unsplash)

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Bitcoin Falls Below $111K, Crypto Stocks Plunge as GDP Revision Dampens Rate Cut Odds

The U.S. economy grew 3.8% in the second quarter, much higher than previously reported, sending yields higher and risk assets lower.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

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Bitcoin Slips Below $110K as Analysts Weigh Risk of Deeper Pullback

BTC is on the brink of losing a key level that could see prices plunge to $93,000 before a stronger final quarter, Bitfinex analysts cautioned.

Bitcoin (BTC) price today (CoinDesk)

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Bitcoin Retakes $111K as Risk Assets Reverse Off Worst Levels

U.S. stocks opened sharply lower after the three day weekend, but have narrowed those losses.

CoinDesk

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Bitcoin Hammered Below $109K as Conference Indicator Strikes Again

Negative price action around the annual U.S.-based Bitcoin Conference has been well-documented, but it also appears to have applied to this week's Bitcoin Asia get-together.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

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Bitcoin Remains Under Pressure as Gold Quietly Targets New Record High

Gold climbed nearly another 1% on Thursday to just below $3,500 per ounce.

Close-up of stacked gold bars. (Jingming Pan/Unsplash)

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Bitcoin Tumbles Back Below $110K as Crypto Bounce Fails, Ether Plunges 8%

Most cryptos have taken out their Sunday flash crash lows late in the U.S. session on Monday.

The current crypto bear market continues. (mana5280/Unsplash)

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Ether, Solana, BNB Outshine Bitcoin as Cryptos Rebound

BTC only mounted a modest bounce from the overnight lows, while BNB hit a new record high and ETH, SOL rebounded 6%-7%.

Four bulls silhouetted against a rising sun. (Shutterstock)

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Strategy Tumbles to 4-Month Low as Crypto Stocks, Digital Asset Treasuries Sink

Galaxy, SharpLink, BitMine were among the names that plunged nearly 10% as risk appetite faded and bitcoin sunk to $113,000.

Executive Chairman of MSTR, Michael Saylor (Danny Nelson/CoinDesk)

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Bitcoin Drops Below $114K, Ether Loses $4.2K as Jackson Hole Speech Might Bring Hawkish Surprise

The bubble in crypto treasury strategy companies deflated even further on Tuesday.

Bitcoin plunges below $40K (Eva Blue/Unsplash)