Market Wrap

Market Wrap

Markets

Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

Thursday’s Consumer Price Index is widely expected to show inflation still above 8%.

(Midjourney/CoinDesk)

Markets

Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes

The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000.

Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)

Markets

Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000.

Flat tire on a car (Sebastian Huxley/Unsplash)

Markets

Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data

Investors are nervous about rampant inflation prompting yet another massive rate hike by the Fed, and the economic damage that might cause.

Bitcoin fell as markets digest an increased likelihood of a 75 basis point interest rate hike. (Charl Folscher/Unsplash)

Markets

Market Wrap: Bitcoin Trades Flat for a Second Consecutive Day, but Outpaces Traditional Markets

BTC remains range-bound as investors await the latest payrolls data on Friday.

BTC trades flat, but maintains $20,000 level. (Kenny Eliason/Unsplash)

Markets

Market Wrap: Crypto Markets Flatten as Latest Employment Data Throws a Setback for Inflation Hawks

Crypto markets remain fretful about any suggestion the economy is not slowing enough to staunch rising prices.

The price of BTC and ETH flattened. (Nadya Spetnitskaya/Unsplash)

Markets

Market Wrap: Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices

Unexpectedly poor data on U.S. job creation spurs speculation the worst of the bear market may be over.

(Midjourney/CoinDesk)

Markets

Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory

“Whale” investors moved a large amount of bitcoin off exchanges, which is often a bullish signal, showing investors are more interested in holding on to their bitcoin.

“Whales” are removing BTC from exchanges en masse. (Nitesh Jain/Unsplash)

Markets

Market Wrap: Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data

The largest cryptocurrency by market capitalization rose over $20,000 at one point in choppy trading; ether ticks upward.

As BTC hovers above $19K, investors are digesting recent data. (Anja BaHu/Unsplash)

Markets

Market Wrap: Bitcoin Showing Potential Signs of an Upswing

Digital asset markets are navigating a challenging environment of high inflation, inverse correlations to the U.S. dollar, increasing interest rates and higher consumer debt.

Despite declining Wednesday, BTC may be in a potential upswing. (Luke Chui/Unsplash)