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Market Wrap

Covering the most recent crypto news on Bitcoin, crypto rallies, market trends, and more.


Markets

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.

By Krisztian SandorJul 3, 2024

DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week

Markets

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.

By Krisztian SandorJun 17, 2024

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

Markets

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass data shows.

By Krisztian SandorJun 14, 2024

Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

Markets

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

By Stephen Alpher, Krisztian SandorJun 13, 2024

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

Markets

Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.

By Krisztian SandorJun 11, 2024

Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

Markets

Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs

Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.

By Krisztian SandorJun 6, 2024

Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs

Markets

Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K

Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

By Krisztian SandorJun 4, 2024

Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K

Markets

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

By Krisztian SandorJun 3, 2024

Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Markets

Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Trigger $350M Liquidations

U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.

By Krisztian SandorMay 23, 2024

Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Trigger $350M Liquidations

Markets

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

By Krisztian SandorMay 23, 2024

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

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