Market Wrap
Covering the most recent crypto news on Bitcoin, crypto rallies, market trends, and more.
Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.
By Krisztian SandorJul 31, 2024
Bitcoin Pulls Back Sharply After Touching $70K
The price of bitcoin still appears poised to close out July with sizable gains after plunging below $54,000 earlier in the month.
By Stephen AlpherJul 29, 2024
BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch
AAVE is surging following a token buyback proposal.
By Sam Reynolds, Shaurya Malwa, Krisztian SandorJul 26, 2024
Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana's SOL and Ripple's XRP were notable outperformers.
By Krisztian SandorJul 24, 2024
Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
Bitcoin cash led with a 7% decline, while Solana's SOL, Ripple's XRP and Cardano's ADA also dropped 4%-5% as the news of the Mt. Gox distribution weighed on sentiment.
By Krisztian SandorJul 23, 2024
Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.
By Krisztian SandorJul 19, 2024
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of victory for the now crypto-friendly Donald Trump slipped on prediction market Polymarket.
By Krisztian SandorJul 18, 2024
Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound
A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.
By Krisztian SandorJul 17, 2024
Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally
The Mt. Gox distribution will not end the bullish trend, CryptoQuant's CEO noted.
By Krisztian SandorJul 16, 2024
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
The market will have to absorb $4 billion to $7 billion of bitcoin selling pressure throughout the middle of the year, which will weigh on prices, K33 Research said.
By Krisztian SandorJul 9, 2024