Cryptocurrency


Markets

Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical

Trading volume is increasing ahead of Wednesday's Federal Reserve press conference.

Bitcoin 24 hour price chart (CoinDesk)

Markets

Bitcoin Rises Above $37K; Resistance at $40K-$43K

A decisive break above $40K is needed to pause the downtrend from November.

Bitcoin's four-hour price chart shows nearby resistance and RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin's Correction Continues for Now, but Eventually It Could Go 'Parabolic,' Says Peter Brandt

Selling pressure is not over yet, although a confirmed shakeout could give way to new highs, according to the chartist.

Bitcoin price chart with volume (Peter Brandt)

Markets

Bitcoin Sell-Off Defers $100K Price Dreams

At the current price, BTC would have to nearly triple to hit $100,000.

Dreams of a $100,000 bitcoin price predicted by many analysts in recent years are looking unattainable for now. (Creative Commons)

Markets

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform

Bitcoin was up was up 3% over the past 24 hours, versus a 5% decline in SOL and roughly flat performance in ETH .

Bitcoin's 24-hour price chart (CoinDesk)

Markets

Bitcoin Short-Term Bounce Faces Resistance at $40K

Extreme oversold readings preceded an uptick in BTC.

Bitcoin daily price chart shows support/resistance, with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Policy

Biden Administration to Release Executive Order on Crypto as Early as February: Report

The directive will ask federal agencies to determine the risks and opportunities posed by digital assets.

CoinDesk placeholder image

Markets

Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk

Bitcoin is down about 40% from its all-time high, compared with a 10% decline in the Nasdaq 100 Index.

Bitcoin drawdown (Koyfin)

Markets

Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby

A price drop to $37,000 could stabilize the current sell-off, although $30,000 is a more significant level to watch given the decline in long-term momentum.

Bitcoin daily price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Rises Despite Russia's Proposed Crypto Ban

Traders appeared unfazed by Russia's proposal as bitcoin rose 3% over the past 24 hours.

Bank of Russia (Shutterstock)