Market Wrap


Markets

Bitcoin Plunges Below $102K Amid Weak U.S. Demand, Fed Divided on December Cut

Bitcoin's Coinbase Premium, a popular gauge for U.S. demand, is having its longest negative streak since the April correction, coinciding with the Fed turning more hawkish.

Bitcoin (BTC) price on November 12 (CoinDesk)

Markets

Bitcoin Slips Toward $103K; Miners Tumble on AI Trade Cooling, SoftBank's Nvidia Exit

Crypto traders are taking profits on the bounce in prices, a Wintermute strategist said in a note.

Bitcoin (BTC) price on November 11 (CoinDesk)

Markets

Bitcoin Holds Above $105K as Traders Eye Shutdown Deal, Liquidity Boost

Ending the government shutdown may trigger a $150-$200 billion liquidity injection, but a continuation could derail long-term crypto regulation, Arca's research head said.

Bitcoin Logo (modified by CoinDesk)

Markets

Crypto Markets Manage Modest Move Higher Friday, Trimming Weekly Losses

Fully satiated shorts were likely booking some profits, but there was a bit of bullish news on the tape as well.

July has brought rising relief to the crypto market. (Digital Vision/Getty Images)

Markets

Crypto Shares Slammed, BTC Heads Back to $100K Alongside Thursday Stock Market Sell-Off

Continuing a steep slide begun in July, Michael Saylor's Strategy has now turned lower on a year-over-year basis.

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Markets

Galaxy's Research Chief Capitulates on Bullish Bitcoin Call After Tuesday's Plunge

Bitcoin was managing a modest bounce early Wednesday following yesterday's tumble below $100,000.

Bitcoin (BTC) price today (CoinDesk)

Markets

Bitcoin Slides Below $106K as Cryptos Tumble, Nearing October Crash Lows

The downturn in prices rippled across derivatives markets, liquidating over $1 billion in leveraged trading positions across all digital assets Monday, CoinGlass data showed.

A bear roars

Markets

Bitcoin Slides Below $108K, Crypto Stocks Sink as 'Uptober' Disappoints

With Thursday's decline, bitcoin is on track for its worst October return in more than a decade.

Bitcoin price today (CoinDesk)

Markets

Bitcoin Sinks Below $113K as Stocks Hit Records; Sell-Off Could Have Room to Run, Says Bitfinex

Nvidia closed in on a $5 trillion market cap amid CEO Jensen Huang's keynote speech at a tech conference, seemingly sucking capital out of crypto on Tuesday afternoon.

Cryptos reverse course

Markets

Bitcoin Climbs to $111K as Whipsaw Action in Crypto Continues

The trend has most definitely not been your friend this week as dips get bought and rallies get sold.

A see-saw sits unused in a playground