Market Wrap

Market Wrap

Market Wrap: Bitcoin Stuck Below $50K, and Blockchain Data May Show Why

Muyao ShenMar 5, 2021

Investors are speculating how a faster-than-expected economic rebound might benefit bitcoin.

Cryptocurrencies

Market Wrap: Bitcoin Falls to $48K as Fed’s Powell Makes No New Promises; Ether Drops

Bradley KeounMar 4, 2021

Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.

Ethereum

Market Wrap: Bitcoin Trades Well Above $50K, While Ether Outperforms on NFTs, July’s Upgrade

Muyao ShenMar 8, 2021

Bitcoin's price climbed for a fourth straight day, even as 10-year bond yields continued their march toward 1.6%.

Bitcoin Markets

Market Wrap: Bitcoin Reclaims $50K as Bulls Eye Uptrend Revival

Zack VoellMar 3, 2021

A gain this month would mark the sixth straight monthly increase for bitcoin, the first time that’s happened in seven years.

Market Wrap

Market Wrap: Bitcoin Continues Choppy in High $40Ks Amid Market Indecision

Zack VoellMar 2, 2021

Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.

Market Wrap

Market Wrap

Market Wrap: Bitcoin Faces Long Odds in Bid for Sixth Straight Monthly Gain

Muyao Shen

Bitcoin started March nicely but whether it can match its previous winning streak is yet to be seen.

Market Wrap

Market Wrap: Bitcoin Heads for Worst Week Since March as Prices Hold Around $46.5K

Muyao Shen

“Cash is king in times of distress, not bitcoin,” said one market watcher.

Market Wrap

Market Wrap: Bitcoin’s Below $50K as Investors ‘Wait and See’ Amid Market Reset

Muyao Shen

Bitcoin's bulls are taking over the market again.

Market Wrap

Market Wrap: Bitcoin Stabilizes Around $49K After Two Extremely Volatile Trading Days

Muyao Shen

There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.

Market Wrap

Market Wrap: Bitcoin Settles Around $47K After Biggest 2-Day Rout in 11 Months

Muyao Shen

Bitcoin's price has declined 20% since Sunday.

Bitcoin Price Index

Market Wrap: Bitcoin Stabilizes After Margin Calls Fuel Biggest Plunge in Month

Muyao Shen

After a lot of drama, bitcoin’s back to trading where it was a few days ago.

Market Wrap

Market Wrap: Bitcoin Briefly Above $56K, Ether Follows BTC’s Rally

Muyao Shen

There are still several psychological barriers for bitcoin to break, even as it passed a key milestone of $1 trillion in market capitalization.