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Markets

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Bitcoin Rally to $42K Fueled by 'Panic Buying,' Pushes Crypto Market Cap Over $1.5T

The combined market value of cryptocurrencies is the highest since May 2022, when Terra's collapse marked the beginning of the crypto winter.

Bitcoin price is up almost 6% over the past 24 hours (CoinDesk)

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First Mover Americas: Bitcoin Hits $42K for First Time in Over a Year

The latest price moves in crypto markets in context for Dec. 4, 2023.

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Bitcoin Market-Neutral Bets Offer 10% Return as BTC Tops $41K, Analysts Say

The "basis trade," a standout in the 2020/2021 bull market, is hinting at a resurgence, one observer said, referring to the rising futures premium.

BTC's price chart (CoinDesk/TradingView)

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Avalanche, Helium Lead Monthly Crypto Gains as Bullish Bitcoin Consolidation Spurs Altcoin Season Call

Tokens in the DeFi and Culture & Entertainment sector indexes gained 39%-42% over the past month, showcasing the widening breadth of the crypto rally.

AVAX price (CoinDesk)

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Gauging Spot Bitcoin ETF's Impact on Price Volatility

Some analysts expect bitcoin to mature into a less volatile asset following the introduction of spot ETFs in the U.S, while others say potential "cash creation" structures will increase volatility.

(Chip Vincent/Unsplash, modified by CoinDesk)

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First Mover Americas: Bitcoin Hits $38.8K for First Time in Over a Year

The latest price moves in crypto markets in context for Dec. 1, 2023.

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Bitcoin Rises to $38.8K for the First Time Since May 2022

Overall crypto market capitalization is at its highest level since May 2022 with nearly $400 billion added since the start of October.

Bitcoin prices bumped over $38,700. (CoinDesk)

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There Are Tentative Signs of Revival in DeFi and NFT Markets, JPMorgan Says

Expectation of U.S. approval of a spot bitcoin ETF has led to an increase in DeFi and NFT activity in recent months, the report said.

Decentralized finance activity is starting to pick up. (Alina Grubnyak/Unsplash)

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First Mover Americas: Demand for Bitcoin Futures ETF BITO Ramps Up

The latest price moves in crypto markets in context for Nov. 30, 2023.

Hands on a laptop keyboard with a screen showing charts and prices (Unsplash, Kanchanara)