Market Wrap

Market Wrap

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

Markets

Crypto Stocks Plunge Wednesday, With Galaxy, Bitcoin Miners Leading Decline

Momentum names are taking a beating on Wall Street, with many AI-related stocks leading that list.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

Markets

Bitcoin Catches Bid, Jumping Above $112K as Gold and Silver Plunge

Watching from the sidelines for weeks as precious metals scored record highs on a regular basis, bitcoin on Tuesday was gaining as gold and silver posted their steepest declines in years.

CoinDesk

Markets

Bitcoin Bounce Stalls as XRP, Zcash Lead Gains; Arca Says Rally Not a Dead-Cat Bounce

The rebound in crypto prices won't be short-lived as key market metrics show signs of recovery, Arca analysts said in a Monday note.

Bitcoin (BTC) price on October 20 (CoinDesk Data)

Markets

Bitcoin's Leverage Flush Favors Accumulation, K33 Says

Crypto prices were down sizably on Tuesday but bounced off of their worst levels.

Bitcoin (BTC) price today (CoinDesk)

Markets

Trump Tariff Threat on China Sends Bitcoin Tumbling Below $119K

Cryptos came under pressure as a potential U.S.-China trade war once again on the table.

A bear roars

Markets

Bitcoin Slides Below $121K as Gold and Silver Rallies Take Breathers

Silver hit $50 per ounce for the first time ever, but that milestone sparked a fast bout of profit-taking.

Gold bars.

Markets

Bitcoin Rebounds Above $123K as Miners Rally; VanEck Sees $644K BTC Amid Gold Gains

The gold rally may need to cool before bitcoin could really gain momentum, suggested another analyst.

Bitcoin (CoinDesk)

Markets

Bitcoin Dips to $122K as Crypto Rally Gets Overheated. What Next?

The pullback was a broad one, with altcoins like SOL, ADA, and XRP suffering even steeper declines.

Bitcoin price (CoinDesk Data)