Market Wrap

Market Wrap

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Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether

Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year.

Bitcoin 24 hour price chart (CoinDesk)

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Market Wrap: Bitcoin Vulnerable to Rising Leverage Despite Short-Term Optimism

Analysts are cautiously optimistic about a sustained price rise in bitcoin.

Checking the crystal ball for 2024 (Michael Dziedzic, Unsplash)

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Market Wrap: Analysts Expect Positive Bitcoin Returns in December

The cryptocurrency typically rises in the fourth quarter, which is why some traders are poised for a year-end rally.

Short-term upside expected (Mathieu Stern, Unsplash)

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Market Wrap: Bitcoin Underperforms as Ether and Other Altcoins Rise

Ether was up about 5% over the past 24 hours compared to bitcoin’s flat performance.

Altcoins rise (Soumyadip Sarkar, Unsplash)

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Market Wrap: Bitcoin Bears Retreat as Traders Buy on Dips

Bitcoin is up about 6% over the past 24 hours. Analysts expect short-term price gains.

Bull and bear (Credit: Shutterstock)

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Market Wrap: Higher Volatility Expected in Bitcoin and Ether

There could be sharp price moves over the next few days.

Volatility expected (Saxon White, Unsplash)

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Market Wrap: Altcoins Outperform as Bitcoin Stabilizes

The rise in altcoins suggests a greater appetite for risk among traders.

Crypto Markets Update

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Market Wrap: Cryptocurrencies Fade on News That Powell Will Be Renominated as Fed Chairman

Bitcoin struggles to maintain weekend gains as buyers take profits.

Federal Reserve Board Chairman Jerome Powell

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Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin is stabilizing after a near-10% decline over the past week.

Sell-off stabilizes (Shutterstock)

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Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Traders are in no hurry to buy given regulatory concerns and muted volume.

Crypto correction (Shutterstock)