Market Wrap
Covering the most recent crypto news on Bitcoin, crypto rallies, market trends, and more.
Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs
Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.
By Helene BraunSep 26, 2024
AI-Related Cryptos Lead Altcoin Surge; Bitcoin Breakout Nears with Several Catalyst in Q4: Analyst
NEAR, RNDR, TAO and LPT booked double-digit gains as artificial intelligence-focused tokens were the best performers within the CoinDesk 20 Index.
By Krisztian SandorSep 23, 2024
Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month
The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%.
By Krisztian Sandor, Helene BraunSep 19, 2024
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
By Krisztian SandorSep 17, 2024
Bitcoin Eyes $60K and Likely Has More Room to Rally, Analyst Says
The key variable for risk assets is the U.S. economy as concerns of a recession linger, crypto investment firm Ryze Labs said.
By Krisztian SandorSep 13, 2024
Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading
Crypto markets have made a habit over the past few weeks of declining as U.S. traditional markets open, underscoring a general risk-off sentiment among American investors.
By Krisztian SandorSep 11, 2024
Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst
The 30-day average funding rates for perpetual swaps slid to negative levels, a rare occasion that marked a bottom in prices historically, K33 Research said.
By Krisztian SandorSep 10, 2024
Bitcoin Retakes $57K, but Potential Positive Catalysts Are 'Sparse,' Says NYDIG
"Bitcoin might be at the whims of the broader market backdrop," wrote NYDIG's Greg Cipolaro.
By Stephen AlpherSep 9, 2024
Bitcoin Pumps, Then Dumps Below $54K as Jobs Report Spurs Crypto Volatility
The price swing liquidated nearly $50 million of leveraged derivatives positions across all cryptocurrencies in one hour, CoinGlass data shows.
By Krisztian SandorSep 6, 2024
Aptos Leads Losses as Crypto Weakness Continues; Coinbase Shares Fall to 7-Month Lows
Bitcoin tumbled below the $56,000 level on Thursday before a modest bounce.
By Krisztian SandorSep 5, 2024