Market Wrap
Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC
Bitcoin (BTC) just hit a new all-time high, but Ethereum's ether (ETH) is the bigger winner.
Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts
Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.
Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility
The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.
Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise
The final stretch of the U.S. presidential election is keeping traders on their toes after recent big runs higher for crypto and traditional markets.
Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
Bitcoin Tops $73.5K, Climbing Just Shy of New Record High
The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels.
Dogecoin Jumps 10%, Outperforming on Trump Popularity as Bitcoin Nears $70K
Bitcoin's "bullish setup" into the U.S. election next week mirrors late 2020, which preceded a 120% rally in two months, Matthew Sigel of VanEck said.
Crypto Rally Foiled by Report of DOJ Probe of Tether
Bitcoin appeared poised to make another run at $70,000, but a WSJ story of a criminal probe into the stablecoin issuer sent prices tumbling.
Bitcoin Climbs 3% to Retake $68K With Solana Outperforming, Ether Showing Relative Weakness
Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
