Market Wrap
Covering the most recent crypto news on Bitcoin, crypto rallies, market trends, and more.
Bitcoin Posts Negligible Bounce, but Extreme Fear Suggests Larger Rebound in Store
The Crypto Fear & Greed Index has plunged to levels that previously have presaged a sizable move higher in bitcoin prices.
By Krisztian SandorSep 4, 2024
Crypto Tuesday Crumble Sends Bitcoin Below $58K, Ether to 7-Month Low
Seasonality suggests a hoped-for bounce after a rough August may not materialize.
By Stephen AlpherSep 3, 2024
Bitcoin Returns to $59K as Bulls Fail to Flip Key Resistance; AI Cryptos Lead Losses
AI-focused tokens such as FET, Render's RNDR and Bittensor's TAO slipped 7%-10% following Nvidia's post-earnings slump.
By Krisztian SandorAug 29, 2024
Bitcoin Bounce Fizzles as Nvidia's Slide Ahead of Earnings Adds to Risk-Off Mood
Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.
By Stephen AlpherAug 28, 2024
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off.
By Nikhilesh De, Krisztian SandorAug 27, 2024
Bitcoin Slides Below $62K as Consolidation Drags on, but Traders Eye Possible Parabolic Rally
More than five months of sideways price action is testing investors' patience, but similar low-volatility episodes led to break-outs to new record prices, one observer noted.
By Krisztian SandorAug 27, 2024
Bitcoin Surges to Nearly $64K, Adding to Gains as RFK Jr. Endorses Trump
The independent candidate is suspending his campaign for president and removing his name from the ballot in ten "battleground" states.
By Stephen AlpherAug 23, 2024
Bitcoin Nears $60K as Crypto Bounce Accelerates, but Recovery Might Be Choppy
While the crypto rally was broad-based, with ETH, SOL, NEAR gaining 8%-10%, prices rarely go up in a straight line following major capitulation events such as Monday's crash, one observer noted.
By Krisztian SandorAug 8, 2024
Bitcoin Bounces to $53K After Brutal Sell-Off Reminiscent of Covid Crash
Bitcoin's 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there's been multiple occasions of similar drawdowns during previous bull markets.
By Krisztian SandorAug 5, 2024
Bitcoin Plunges More Than 10% Since Hitting $70K 72 Hours Ago
The slide in the odds of a Donald Trump victory in November might have bulls rethinking some bets.
By Stephen AlpherAug 1, 2024