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Bitcoin (BTC) faced selling pressure in the week ended Sunday as bond yields rose and the U.S. dollar liquidity declined. The largest cryptocurrency by market capitalization posted its largest single-week percentage loss since early November, according to data from TradingView and CoinDesk. The yield on the 10-year U.S. Treasury note rose by six basis points to 3.58%, its second-straight weekly gain, denting the appeal of risky assets, including cryptocurrencies. CoinDesk Contributing Editor-at-Large Zack Seward presents “The Chart of The Day.”

Apr 24, 2023

In the last seven days, the largest cryptocurrency by market cap has fallen roughly 8%. Bitcoin’s drop appears to be dragging the rest of the crypto market with it. TradingView data shows the total crypto market cap slipping to $1.14 trillion. CoinDesk Contributor Lawrence Lewitinn presents “The Chart of the Day.”

Apr 21, 2023

Bitcoin closed below the 20-day moving average (DMA) on Wednesday, according to data from TradingView, signaling a sign of weakness. The last time the cryptocurrency traded below the 20-DMA was in mid-March. “All About Bitcoin” host George Kaloudis presents “The Chart of the Day.”

Apr 20, 2023

A lesser-known but historically reliable bitcoin price indicator has flipped positive, signaling the onset of a major bull market. Bitcoin's (BTC) reserve-risk multiple has crossed above zero, turning positive for the first time since October 2021, according to blockchain analytics firm Glassnode. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

Apr 18, 2023

A continued rise in China's credit impulse could contribute to the global financial cycle and support global risk sentiment, expanding global asset prices and global credit, according to a paper published by the Federal Reserve in November. CoinDesk Senior Research Analyst George Kaloudis explains why this matters for bitcoin (BTC) in "The Chart of The Day."

Apr 12, 2023

Bitcoin (BTC) has surged 70% this year, hitting nine-month highs of over $29,000. While the sharp rally has brought the derivatives market back to life, the overall use of leverage remains muted, suggesting a low risk of "liquidations-induced" wild price swings. George Kaloudis presents "The Chart of the Day."

Apr 10, 2023

The introduction of fees on bitcoin's most extensive trading pair, BTC–USDT on Binance, has reduced trading and liquidity, according to research data from Kaiko. The number of bitcoin in a single sell order it would take to move the price down 2% has fallen from around 9,000 BTC to below 5,000 BTC. CoinDesk Senior Research Analyst George Kaloudis analyzes "The Chart of The Day."

Apr 5, 2023

Binance's share of trading volume has sunk to 54% from 70% two weeks ago, according to data from research platform Kaiko. That’s the lowest level since Nov. 5 and the lowest sustained market share since August. CoinDesk Senior Research Analyst George Kaloudis breaks down "The Chart of The Day."

Apr 4, 2023

Over the past 10 years, April has been the best month in the year's first half and the third-best month for the full year for bitcoin, averaging a return of more than 17%, according to data tracked by crypto services provider Matrixport. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Apr 3, 2023

According to data from Santiment, the price of bitcoin has been on the rise in the last two weeks, while trading volume has been going down. That’s a sign the price rally won’t continue unabated, according to the blockchain analytics firm. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

Mar 31, 2023