Markets


Finance

First Mover Americas: Bitcoin Down as Market Braces for Fed's 50 Basis Point Rate Hike

The latest moves in crypto markets in context for April 29, 2022.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Markets

Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K

BTC is on track for a 15% decline this month, compared with a 13% loss in ETH.

Searching for signs of stability (Julian Hochgesang/Unsplash, modified by CoinDesk)

Markets

Bitcoin Back Over $40K as More Countries Embrace Crypto

Fresh signs emerged of accumulation by investors and greater adoption by nations from Africa to Central and South America.

Bitcoin was up 3.2% in the past 24 hours, changing hands at $40,206. (CoinDesk)

Markets

Bitcoin Holding Support; Resistance at $43K

The current price action is similar to what occurred in 2018-2019.

El gráfico diario de bitcoin muestra el soporte/resistencia, con el RSI en la parte inferior (Damanick Dantes/CoinDesk, TradingView)

Markets

US Economy Shrinks Unexpectedly, Amplifying Recession Fears

Headline GDP shrank 1.4%, data by the Bureau of Economic Analysis showed Thursday. Analysts were expecting a 1% increase.

Real GDP percentage change from preceding quarter (U.S. Bureau of Economic Analysis)

Finance

First Mover Americas: Bitcoin Draws Premium in Yen Markets, FX Volatility Spikes

The latest moves in crypto markets in context for April 28, 2022.

10,000 Japanese yen notes (Kiyoshi Hijiki/Getty images)

Markets

Dogecoin Whale Transactions Reach 3 1/2-Month High

Elon Musk's acquisition of Twitter may have galvanized holders of large amounts of dogecoin into activity.

Dogecoin sees renewed whale activity. (IntoTheBlock)

Markets

Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses

The relief bounce in stocks and cryptos could be short-lived as recession risks linger.

Sell-off stabilizes (Shutterstock)

Markets

Bitcoin Recovers to $39K as Stocks Rebound

The largest cryptocurrency's correlation with tech stocks has strengthened.

As of press time the largest cryptocurrency was up 1.8% in the past 24 hours, trading at $38,989.

Markets

Bitcoin Bounces From $37K Support; Resistance at $40K-$43K

BTC remains in a tight trading range with a loss of upside momentum.

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)