Market Wrap


Markets

Bitcoin Climbs Above $110K, 'At Crossroads' for Next Major Move

One analyst characterized bitcoin's recovery from last week's decline as a "peaceful rally," with buyers stepping in to support the uptrend.

Bitcoin price on June 9 (CoinDesk)

Markets

Bitcoin Miners Notch Gains as Meta Signs 20-Year AI Deal With Nuclear Plant

The group may also be benefitting from a modest rise in the price of bitcoin on Tuesday.

Nuclear power plant (Getty Images/Unsplash)

Markets

Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up

The crypto market wobbled after Trump accused China of violating a tariff truce.

Bitcoin (BTC) price on May 30 (CoinDesk)

Markets

Bitcoin Slides Below $106K; Analyst Sees Ether Breakout Looming

Despite the pullback, BTC holding above the round-number $100,000 level for 20 consecutive days is a bullish sign, LMAX Group market strategist said.

Bitcoin price on May 29 (CoinDesk)

Markets

Bitcoin Rally Stalls Below $110K as Short-Term Holders Take $11B Profits

Most U.S. markets were closed for Monday's holiday, but European stocks reacted positively to Trump's moratorium on 50% tariffs.

Bitcoin price on May 26 (CoinDesk)

Markets

Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets

An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.

A do not wall crosswalk. (Kai Pilger/Unsplash)

Markets

Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside

Cryptocurrencies reversed early losses as risk assets shrugged off the Moody's U.S. debt downgrade.

Bitcoin (BTC) price on May 19 (CoinDesk)

Markets

Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut

Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.

OpenAI's Sam Altman, who has proposed Universal Basic Compute as a fix for automation-driven global equality. (Village Global/Flickr)

Markets

Bitcoin Holds Above $100K, Altcoins Slide as Analyst Sees Crypto Rally Into Summer

After testing the $100,000 level early Thursday, bitcoin reversed to above $103,000.

Bitcoin (BTC) price on May 15 (CoinDesk)