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Commodities
Market Wrap: Bitcoin Recovers From Sunday Slump to $56K as Doge Jumps 19%
Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.
Bloomberg's McGlone Warns of ‘Predominant Deflationary Forces’
Bloomberg anticipates continued deflation and peak oil similar to 2018. This could be negative for bitcoin.
Market Wrap: Bitcoin Stuck Around $63K as COIN Hype Loses Steam
Also, ether continued to move higher after the Berlin Fork.
Market Wrap: Bitcoin, Ether Near Record Prices as Crypto Market Celebrates Coinbase’s First Trading Day
Also, 98 cryptocurrencies are now valued at more than $1 billion each.
Market Wrap: Bitcoin, Ether Steady Near Record Highs, as All Eyes on Coinbase Listing
Crypto bulls are taking over the market in anticipation of Coinbase's direct listing.
Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
Market Wrap: Bitcoin Near $58K, Reverses Two-Day Losses Despite Lower Trading Volume
The price gain came amid new signs of growing mainstream adoption of bitcoin and other cryptocurrencies.
Market Wrap: Bitcoin Drops to Near $56K as Spot Trading Volume Remains Low
The oldest cryptocurrency is looking at a price support level around $54,000, with resistance around $60,000.
Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
Market Wrap: Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T
As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year.
