Market Wrap
Ether Just 3% From ATH as Bitcoin Rallies on ‘Supportive Momentum’
The current macro backdrop has rarely been more favorable for risk assets, and the market hasn't fully priced in what's coming, a report said.
Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut
Bitcoin also crossed back above $120,000, but it's underperforming much of the rest of the cryptocurrency sector.
Bitcoin Pulls Back to $119K as Looming Inflation Data Could Bring Price Swings
Tuesday's CPI inflation data, followed by PPI report later this week, could make or break bitcoin's momentum, Bitfinex analysts said.
Crypto Carnage Continues Even as Gold, Bonds Surge on Soft U.S. Jobs Data
Bitcoin and stocks are at session lows late in U.S. afternoon trade on Friday.
Crypto Bulls Get Hit With $200M in Liquidations as Powell Rattles Market With Fed Warning
Altcoins like SOL, AVAX, HYPE were down 4%-5% before paring losses, while BONK and PENGU plunged 10% then bounced back.
DOGE, SOL and XRP Lead Altcoin Losses as Rate Jitters and Leverage Unwind Hit Crypto
Heavy declines across altcoins extended into a second week, while bitcoin and ether showed relative strength amid growing macro uncertainty.
XRP, DOGE, SOL Lead Crypto Selloff, But Altcoin Season Still in Play if This Happens
Bitcoin's dominance lost a key level, and confirmation could ignite a broader altcoin season, a Coinbase analyst noted.
Solana Takes the Altcoin Rally Baton as ETH, XRP, BTC Stall
The market is transitioning from a Bitcoin-centric phase to an altcoin-led bull market, often called alt season, analysts said.
Bitcoin Slips Below $118K, ETH, XRP Pare Big Gains, but Rally Remains on Firm Ground, Says Coinbase
Expect pullbacks, but there's not yet the type of runaway speculation associated with tops, Coinbase analysts said.
ETH Surges 10% to Year-to-Date Gain as Bitcoin Retakes $120K
It's six month high for ETH thanks to tailwinds from corporate ether treasury strategies and ETF inflows.
