Market Wrap

Market Wrap

Merkado

Market Wrap: BTC Settles at $20K as Voyager Files for Bankruptcy

The Toronto-based crypto lender is the second high-profile crypto firm to do so in July.

(Shutterstock)

Merkado

Market Wrap: BTC Settles at $20K as Voyager Files for Bankruptcy

The Toronto-based crypto lender is the second high-profile crypto firm to do so in July.

Bankruptcy

Merkado

Market Wrap: Bitcoin Suffers Its Worst Month Since 2011

The largest cryptocurrency by market cap dropped over 37% in June.

June was a month the crypto industry would rather forget. (Adam Gault/Getty Images)

Merkado

Market Wrap: Bitcoin Heads for Record Half-Year Loss of 59%

BTC slipped below $19K for the fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer spending slowdown stokes fresh recession concerns.

(Creative Commons)

Merkado

Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day

BTC was sliding toward $20,000 on Wednesday, as the Bankless newsletter offers mental health tips for surviving a crypto winter.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Merkado

Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.

There's lots of finger-pointing going on as the crypto-market slump inflicts pain on the once-exuberant industry. (Creative Commons)

Merkado

Market Wrap: Recession Fears Halt Crypto Bounce

Analysts see few positive signs to sustain a crypto rally.

Bitcoin is "balancing" at about $21,000. (Unsplash)

Merkado

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.

Seemingly bearish market indicators are seen by analysts as reasons for optimism. (Creative Commons)

Merkado

Market Wrap: Crypto Assets Stabilize as BTC Retakes $20K

Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.

Stable Stability Balance (Unsplash)

Merkado

Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.

Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)