Market Wrap

Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.

Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.

Bitcoin's Wild Four Hours: New Record of $73K, Tumble to $69K, Rebound to $71K, $360M in Liquidations
Momentum behind bitcoin's rally has waned so expect a period of consolidation, Matrixport analysts noted.

Bitcoin Tops $68K, Nearing Silver's $1.38T Market Cap
Ether also hit a new milestone, recording its highest price since January 2022.

Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
The cryptocurrency has more room to run, analysts say.

Bitcoin Suddenly Plummets 7% After Hitting $64K, Triggering Over $700M Crypto Liquidations
The world's largest crypto soared to $64,000 Wednesday before quickly reversing to $59,000, CoinDesk data shows.

Bitcoin Tops $63K for First Time Since November 2021
Spot bitcoin ETFs are seeing massive inflows of money and BTC is crossing $1,000 milestones one after another in quick succession.

Bitcoin Tops $54K, May Run Towards $58K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.

Bitcoin Hits $52K, Regains $1T Market Cap; Genesis Cleared to Sell $1.3B GBTC Shares
Some traders are targeting the $64,000 level in the coming weeks as demand from spot bitcoin exchange-traded fund products grows.

Bitcoin Drops 2% on Hotter-Than-Expected U.S. Inflation
The January CPI reading reduced expectations for interest-rate cuts in the next months, weighing on risk assets such as crypto.
