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Market Wrap

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


Markets

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally

Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

By Krisztian SandorMay 15, 2024

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally

Markets

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.

By Krisztian SandorMay 6, 2024

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Markets

Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says

Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.

By Krisztian SandorMay 3, 2024

Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says

Markets

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.

By Krisztian SandorApr 30, 2024

Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash

Markets

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U.S. debut in January.

By Krisztian SandorApr 29, 2024

Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut

Markets

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle Acheson said in an interview.

By Krisztian SandorApr 26, 2024

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

Markets

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Increasing concerns about sticky inflation hit risk assets across all markets, cryptos included.

By Krisztian SandorApr 25, 2024

Bitcoin Dips to $63K as Rate Cut Hopes Dim Following Disappointing U.S. Inflation Report

Markets

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.

By Krisztian SandorApr 22, 2024

Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says

Markets

Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving

Bitcoin had slumped to as low as $59,685 on Friday morning, then rebounded heading into the event.

By Oliver KnightApr 20, 2024

Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving

Markets

Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

By Krisztian SandorApr 17, 2024

Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

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