Market Wrap
Bitcoin Tops $50K as Spot ETF Inflows Accelerate; ETH Rallies Amid Franklin Templeton's Filing
Bitcoin topped Monday the $50,000 for the first time since December 2021, and could run further towards $52,000, one analyst noted.
Bitcoin Tops $47K as Spot Bitcoin ETFs Book One of Their Best Days
Spot bitcoin ETFs attracted Thursday their third-largest net inflows since debut, increasing their holdings by 9,260 BTC.
Solana Gains More Than Bitcoin as Trader Speculates an 'Extreme Move' Is Ahead
The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.
Bitcoin Tops $44K, With Whale Accumulation Suggesting Conviction in More Price Gains
Continuing advances for U.S. stock markets also likely supported risk assets like crypto, with key indices making new all-time highs.
Bitcoin Slips Towards $42K as Interest Rates Soar; Chainlink's LINK Defies Crypto Slump
Federal Reserve Chair Jerome Powell reiterated his hawkish stance on rate cuts in a Sunday interview, weighing on risk assets.
Bitcoin Steady at $43K as Tumbling U.S. Regional Bank Stocks Reignite Worries
Bitcoin so far remained muted compared to its vehement rally during the March banking crisis, but one analyst said he's "cautiously long" amid the turmoil.
Bitcoin Dips to $42.4K as Fed's Powell Pours Cold Water on March Rate Cut
"The market has gotten ahead of itself on the rates side," said one analyst.
Bitcoin Plunges Below $41K as 'Sell the Bitcoin ETF News' Wins the Day
Large inflows in the new spot bitcoin ETFs have been sizably offset by outflows from not just from GBTC but other global bitcoin-related ETPs.
BTC Tumbles Below $42K, Coinbase and Miners Plunge as Bitcoin ETF Mania Becomes 'Sell the News' Rout
Previous landmark events such as Coinbase's stock exchange listing and ProShares' futures-based bitcoin ETF debut happened near market tops.
Bitcoin Briefly Tops $49K Before Selling Off as ETF Trading Frenzy Commences
Cryptocurrency-focused stocks such as Coinbase and bitcoin miners are also down significantly since Thursday's market open.
