Economics

CDCROP: Financial chart (Getty Images)
Bitcoin Moves Little on the Week Despite Debt Deal, Inflation Concerns
Bitcoin trades flat to move one step closer to logging its first losing month of 2023. Ether rises slightly but also seems headed for a negative May.
CDCROP: Financial chart (Getty Images)

Adrian Trinkaus (UnSplash)
The Relationship Between Economic News and Crypto Prices May Be Improving
The good news equals bad news relationship between economic data and crypto prices may be changing.
Adrian Trinkaus (UnSplash)

US Treasury Building, Washington DC
Crypto Markets Recoil From Latest Yellen Concerns About Debt Ceiling Impasse
Treasury Secretary Janet Yellen reiterated her comments from just three days ago about the U.S. running out of cash if lawmakers can’t reach an agreement. Crypto and other asset markets dropped.
US Treasury Building, Washington DC

Hawkish remarks by a Fed official sent bitcoin into a tailspin.(Getty Images/Tim Chapman)
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
Hawkish remarks by a Fed official sent bitcoin into a tailspin.(Getty Images/Tim Chapman)

CDCROP: Financial chart (Getty Images)
Ether Rebounds Versus Bitcoin in Relatively Quiet Trade
Technical factors suggest ether's bounce could pause at current levels.
CDCROP: Financial chart (Getty Images)

Jakob Braun (Unsplash)
Bitcoin Volatility and Trading Volume Continue to Decline
The compression in BTC’s trading range implies that market participants are playing things safely for the moment.
Jakob Braun (Unsplash)

Christopher Burns (Unsplash)
Crypto Markets Look to Recapture Momentum Following Down Week
Trading volume increases for both bitcoin and ether, but trails their 20-day moving averages. CoinDesk’s Bitcoin Trend Indicator signals neutral again.
Christopher Burns (Unsplash)

CDCROP: Horse track racing race (Mathew Schwartz via Unsplash)
Bitcoin Prices Retrace as Traders With Varying Time Horizons Jockey for Position
Longer term holders remain resilient. Bitcoin super whales warrant attention, as they have recently reduced positions.
CDCROP: Horse track racing race (Mathew Schwartz via Unsplash)