Jimmy He

Jimmy He

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Markets

Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course.

U.S. Fed Chair Jerome Powell doubled down on interest rate hikes, affirming hawkish monetary policy to fight inflation. (Bruce Bennett/Getty Images)

Markets

Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech

Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.

Suspense ahead of Fed Chair Jerome Powell's speech Friday is growing among mainstream and crypto traders. (Scott Olson/Getty Images)

Markets

NFT- and Metaverse-Related Cryptocurrencies Underperform as Floor Prices Sink

FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.

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Markets

Also-Ran EOS Token Now Hottest Cryptocurrency After Switch to Antelope

The token’s 28% price surge over the past seven days follows an announcement that Antelope will be used as the supporting protocol for EOSIO-based blockchains.

(Getty Images)

Markets

First Mover Americas: Crypto Market Cap Falls Below $1 Trillion as Momentum Fades

The latest price moves in crypto markets in context for Aug. 23, 2022.

Bitcoin’s 200-week moving average multiple is falling. (Peter Dazeley/Getty Images)

Markets

Ethereum Merge Drama Continues as Traders Pile Out, Then Back In

Ethereum regained investor support on Monday after slumping in recent days.

(Jungwoo Hong/Unsplash)

Markets

Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments

Most risk assets are in a holding pattern ahead of the Federal Reserve Economic Symposium, where Jerome Powell will speak later this week.

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Markets

Crypto Funds See Minor Outflows Amid Trading Volume Dip: CoinShares

Digital-asset investment products saw outflows totaling $9 million as trading volume fell to the second lowest this year.

Crypto funds saw a second week of outflows as investor movement stagnates. (CoinShares)

Markets

Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns

The decline in crypto prices appears to be linked to poor inflation data in Germany

Bitcoin has been in the red all day. (CoinDesk and Highcharts.com)

Markets

Bitcoin Retraces 3 Weeks of Gains as Analysts Blame Macroeconomic Turmoil

Bitcoin is holding at around $21,340 after slumping for the sixth consecutive day.

Bear (mana5280/Unsplash)

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