Bitcoin on Track for Record Sideways Action, With Eyes on November Elections as Bullish Catalyst
Bitcoin's boring price action, characterized by continued accumulation by small investors, is being attributed to reasons including U.S. election uncertainty and an uptick in Treasury yields.
Bitcoin Favored Over Ether Even as Trump Widens Lead Over Harris
Ether traders display a stronger inclination to mitigate potential downside risks than bitcoin,
Trump-Themed PoliFi Tokens Buck Bitcoin Downtrend as China Stimulus Hopes Return
Trump's odds of winning the U.S. presidential election have surged to a more than two-month high. Plus, the broader crypto market is stagnant despite hopes of another round of stimulus in China.
Bitcoin Tumbles Below $59K Amid Inflation Worry, Regulatory Onslaught on Crypto
Uniswap's UNI token was the only CoinDesk 20 constituent in the green over the past 24 hours.
U.S. September CPI Disappoints, Rising a Faster Than Expected 0.2%
Bitcoin fell, with the news likely to further raise the odds of a Fed pause at the its next policy meeting in November.
First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report
The latest price moves in crypto markets in context for Oct. 10, 2024.
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
A hotter-than-expected inflation report would weaken the case for Fed interest-rate cuts.
Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says
Per SwissOne Capital, the BTC dominance rate and the U.S. interest are positively correlated.
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions
Stablecoin market capitalization has jumped to $169 billion led by USDT and USDC. Plus, on-chain analytics firm Santiment reported a bump in whale transactions on the Bitcoin network. Could stablecoin liquidity and rising transaction volume be the catalyst for bitcoin's next price surge? CoinDesk's Christine Lee presents the "Chart of the Day."
