Market Wrap
Market Wrap: Bitcoin Pushes $60K as Goldman, BlackRock Moves Signal Adoption
Bitcoin finishes the first quarter double where it started the year, versus a 5.8% gain for the S&P 500. No wonder Goldman's clients want in.
Market Wrap: Traders Ratchet Up Derivatives Bets as Bitcoin Mounts Rally
Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.
Market Wrap: Bitcoin, Ether Gain After Visa Deal as Stocks Struggle With Archegos Margin Call
The quick recovery to near $58,000 demonstrates stronger confidence from investors in the oldest and largest cryptocurrency.
Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
After two days of sell-offs, bitcoin bulls finally returned.
Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.
Market Wrap: 'Elon Candle' Effect Fades Quickly as Bitcoin Retreats Below $55K
Tesla got the market excited briefly, but bitcoin is still in consolidation mode.
Market Wrap: Bitcoin Ranges Around $55K While Altcoin Theta Saw Price Spike
“The market is not as confident anymore,” say Arcane Research. “More traders are positioned short.”
Market Wrap: Bitcoin Near $56K, Struggles With Flat Activity on Exchanges
As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.
Market Wrap: Bitcoin Near $59K as Worries on Bond Yields Increase
Price charts also are sending signals the oldest cryptocurrency might be losing steam.
Market Wrap: Bitcoin Loses Steam After Briefly Touching $60K
The cryptocurrency's price fell with stocks amid growing concerns about rising U.S. Treasury yields.
