Market Wrap
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.
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.
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%.
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.
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.
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.
