Market Wrap
Market Wrap: Bitcoin Reverses Course Again, Trades Toward 20-Day Moving Average
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.
Market Wrap: Bitcoin Takes Investors on a Wild Ride
Prices shoot higher intraday on high volume, only to reverse course later in the day.
Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline
Fear of a global recession impact equities and fiat currencies.
Market Wrap: Bitcoin Drops Below $19K Amid Ongoing Volatility
Macroeconomic uncertainty continues to hobble crypto prices.
Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride
Both bitcoin and ether saw wide swings in price over the past day.
Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike
Expect the price of bitcoin and other riskier assets to bob and weave on the waves of macroeconomic uncertainty.
Market Wrap: Markets Wait for Fed to Officially Announce What It Has Signaled for Weeks
Absent a huge surprise, markets are expecting interest rates to increase by 75 basis points.
Market Wrap: Bitcoin Regains $19K and Ether Rises as FOMC Meeting Nears
Both assets are likely to remain in a tight trading range, at least until the Federal Reserve announces its latest interest rate hike or some other catalyst appears.
Market Wrap: Bitcoin and Ether Close the Week Lower
Ether continues to decline as traders position for what’s next for the Ethereum protocol.
Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge
Ether was down more than 9% at one point as traders decided to “sell the fact” following a nearly seamless Ethereum Merge.
