Markets

Volatile Price Moves on Monday Contrast to Recent Calm Waters
Bitcoin’s price has been relatively stable over the last six weeks.

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
BTC’s price had dropped from well above $29,000 on Sunday. Investors await Wednesday’s FOMC interest rate decision.

Ripple Sold $336M Worth of XRP Tokens in Q1, Reports Strong XRPL Growth
The firm has continued to sell XRP only in connection with its international transaction product.

First Mover Americas: Bitcoin Ending Week on Positive Note
The latest price moves in crypto markets in context for April 28, 2023.

Bitcoin Held on Binance Surges to Record High of 692K BTC: Glassnode
The tally has increased by more than 50,000 bitcoins in four weeks, reversing the exodus seen late last year.

Bitcoin Is Poised to Reclaim Crypto’s Spotlight: Berenberg
More investors are recognizing the digital asset as a sensible alternative not only among crypto tokens, but also within a global financial context, the firm said.

Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
Bitcoin's "long-term holder spent output profitability ratio" shows coins moved on-chain that have a lifespan of at least 155 days or higher are being sold for a profit.

Bitcoin Circles Above $29.5K as Investors Weigh Sluggish GDP, Latest Banking Woes
BTC dipped slightly during U.S. morning trading Thursday on the Commerce Department reporting a tepid gain in GDP for the first quarter and disappointing personal consumption data, before rebounding.

First Mover Americas: Lots of Bitcoin Futures Traders Cash Out
The latest price moves in crypto markets in context for April 27, 2023.

Bitcoin's Negative Correlation With Dollar Index Strengthens Ahead of U.S. GDP Data
The 90-day correlation coefficient between bitcoin and the dollar index has slipped to -0.70 from -0.11 four weeks ago.

