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CoinDesk Senior Research Analyst George Kaloudis breaks down bitcoin's latest price action following the Federal Reserve's decision to increase interest rates by a quarter percentage point for "The Chart of The Day."

23. März 2023

Bitcoin (BTC) funds are bleeding coins as U.S. bank failures fuel expectations of an early Federal Reserve pivot in favor of liquidity easing. Data tracked by ByteTree Asset Management shows the number of coins held by close-ended funds, spot and futures-focused exchange-traded funds (ETF) in Europe, the U.S. and Canada has declined by 16,560 BTC ($409 million) this month, reaching a 17-month low of 826,113 BTC. Christine Lee presents "The Chart of the Day."

16. März 2023

Bitcoin (BTC) remains in a tight trading range, but Glassnode suggests it reflects psychological levels related to traders holding bitcoin over the past year and whales, or large holders of BTC. Meanwhile, the market is currently in a transitional phase, which typically occurs in the later stages of a bear market. "All About Bitcoin" host Christine Lee breaks down the "Chart of the Day."

7. März 2023

Bitcoin's 50-week simple moving average has crossed under its 200-week SMA, confirming a "death cross," a bearish indicator suggesting the short-term price pullback could become a more sustained downtrend. Analysts, however, are split on what it means. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

6. März 2023

Data from on-chain analytics firm Glassnode shows a full 70% of bitcoin addresses are profitable. CoinDesk's Glenn Williams Jr. noting the "Percent Addresses in Profit" indicator illustrates the percentage of unique addresses whose average purchase price sits below the current price for bitcoin. Historically readings below 50 have indicated that BTC is oversold, and thus, represent a potential bottom. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."

3. März 2023

Bitcoin funding rates have been positive for 10 consecutive days. Why should investors care? In bitcoin’s case, funding rates have been positive every day since Jan. 14, with the exception of a neutral reading on Feb. 12. Investors holding long positions expect an asset’s value to increase, while those who are short an asset expect its value to decline. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

24. Feb. 2023

Data from Glassnode and Decentral Park Capital shows bitcoin's STH-SOPR indicator, which shows the degree of realized profit and loss for all coins moved on-chain that have a lifespan of less than 155 days. The indicator has bounced from 1.00. Values greater than 1 suggest coins moved are, on average, selling at a profit. “All About Bitcoin” host Christine Lee breaks down “The Chart of The Day.”

17. Feb. 2023

Bitcoin's annualized rolling three-month basis, or the difference between prices in futures and spot markets, is declining. Arcane analysts suggest institutional speculators are more concerned than their offshore peers. Meanwhile, Bitcoin's Network Value to Transaction Ratio (NVT) is around 45, an 82% premium versus its average since 2014, revealing that BTC may be trading at a compelling valuation. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

15. Feb. 2023

Bitcoin (BTC) dipped below $22,000 and the token is making an "underside test" that will determine if BTC will reclaim the $23,000 mark or fall to $20,000 "rather quickly," according to Bitbull Capital's Joe DiPasquale, telling CoinDesk's Sam Reynolds. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

13. Feb. 2023

Bitcoin miners, battered by the recent bear market and high energy prices for months, are getting some relief thanks to natural gas prices that have fallen about 75% since August. CoinDesk's Eliza Gkritsi spoke to industry insiders, saying the price of natural gas is expected to stay low in the short to medium term, providing some wiggle room for miners to lower their operating costs. "All About Bitcoin" host Christine Lee presents "The Chart of The Day."

9. Feb. 2023