Market Wrap

Market Wrap

Markets

Bitcoin Rally Fueled by Perfect Macro Storm; Ether, DOGE, BNB Surge

Bitcoin's breakout suggests further upside above $130,000, but a pullback to $118,000 remain possible, Deribit's CCO said.

Storm clouds gather. (Shutterstock)

Markets

Bitcoin Hits $120K With Traders Eyeing Bullish October Rally

Open interest in BTC futures hits all-time high as Fed uncertainty and ETF hopes boost crypto sentiment.

Bitcoin (BTC) price (CoinDesk Data)

Markets

Bitcoin Regains$ 117K Level As Fresh Economic Data Flags Weak Growth

Crypto markets began what is historically their strongest quarter on a positive note.

Bitcoin (BTC) price today (CoinDesk Data)

Markets

Bitcoin Surges Above $114K as Traders Look Ahead to 'Uptober'

Following last week's big swoon, crypto markets returned to tracking gains in stocks and gold.

CoinDesk

Markets

Bitcoin Edges Higher, ETH Rebounds Above $4k as Sentiment Slips Into 'Fear' Territory

PCE inflation data matched analyst expectations, but leaves policymakers balancing sticky inflation with a softer labor market, Sygnum Bank's CIO noted.

Hear no evil, speak no evil, see no evil skeletons. (Chris Charles/Unsplash)

Markets

Crypto Liquidations Top $1B as Bitcoin, Ether, Solana Sell-Offs Worsen

Strategy (MSTR) plunged as much as 10% and is now lower year-to-date.

Bitcoin falls despite coming rate cuts (Unsplash)

Markets

Bitcoin Falls Below $111K, Crypto Stocks Plunge as GDP Revision Dampens Rate Cut Odds

The U.S. economy grew 3.8% in the second quarter, much higher than previously reported, sending yields higher and risk assets lower.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

Bitcoin Slips Below $110K as Analysts Weigh Risk of Deeper Pullback

BTC is on the brink of losing a key level that could see prices plunge to $93,000 before a stronger final quarter, Bitfinex analysts cautioned.

Bitcoin (BTC) price today (CoinDesk)

Markets

Bitcoin Retakes $111K as Risk Assets Reverse Off Worst Levels

U.S. stocks opened sharply lower after the three day weekend, but have narrowed those losses.

CoinDesk

Markets

Bitcoin Hammered Below $109K as Conference Indicator Strikes Again

Negative price action around the annual U.S.-based Bitcoin Conference has been well-documented, but it also appears to have applied to this week's Bitcoin Asia get-together.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)