Market Wrap

Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.

Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside
Cryptocurrencies reversed early losses as risk assets shrugged off the Moody's U.S. debt downgrade.

Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.

Bitcoin Holds Above $100K, Altcoins Slide as Analyst Sees Crypto Rally Into Summer
After testing the $100,000 level early Thursday, bitcoin reversed to above $103,000.

Bitcoin Falls Below $102K; Easing of Tariff Risk Could See More Underperformance
After one month of eye-popping gains, fattened bulls are lightening up after the U.S. and China announced a trade truce.

Dogecoin, Cardano’s ADA Lead Market Gains as Bitcoin Traders Eye Next Fed Meeting
Analysts say they expect a 100 basis-point cut in 2025, with easing likely to start after July.

Gold Continues Correcting and That Might Be Good for Bitcoin
The two assets have had inverse-correlated ETF flows on four different days in the last week.

Crypto Rebounds From Early Declines Alongside Reversal in U.S. Stocks
The major U.S. stock market averages tumbled about 2% to begin Wednesday following underwhelming economic data.

Bitcoin Edges Above $95K, U.S. Stocks Remain Strong as Analyst Warns of 'Blind' Market
Secretary of Commerce Howard Lutnick announced that the White House was finalizing a trade deal with an unnamed country.


