Market Wrap
Market Wrap: Bitcoin Near $58K on Fed Pledge to Keep Loose Policy
Bitcoin's price has doubled this year, partly because of demand from institutional investors who are looking for an asset that might hold its worth if the dollar’s purchasing power declines.
Market Wrap: Bitcoin Stuck Near $56K, Ether Faces Short-Term Sell Pressure
Prices settled in the mid-$50,000 range for the most of Tuesday.
Market Wrap: Bitcoin Choppy Around $56K, Early Pullback Appears Cooling
Bitcoin on Monday suffered its biggest single-day price decline in more than two weeks, after the fizzing of a retail trader-driven rally over the weekend.
Market Wrap: Bitcoin's Winning Streak Ends as Prices Struggle to Break Record
Bitcoin is struggling to break above its current all-time high set in mid February.
Market Wrap: Bitcoin Rallies Near $58K, Stocks Soar to Record Highs
And yet, bitcoin’s trading volume shows no signs of returning to previous high levels.
Market Wrap: Bitcoin Nears All-Time High As US House Passes $1.9T COVID-19 Relief
Bitcoin is within range of a quick run to the all-time high of $58,332.
Market Wrap: Bitcoin Gains for Fifth Day, the Longest Streak This Year
Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.
Market Wrap: Bitcoin Trades Well Above $50K, While Ether Outperforms on NFTs, July's Upgrade
Bitcoin's price climbed for a fourth straight day, even as 10-year bond yields continued their march toward 1.6%.
Market Wrap: Bitcoin Stuck Below $50K, and Blockchain Data May Show Why
Investors are speculating how a faster-than-expected economic rebound might benefit bitcoin.
Market Wrap: Bitcoin Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops
Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.
