Market Wrap


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Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly

A boring August has turned into a bloodbath. Two-thirds of leveraged funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.

BTC's price sank (CoinDesk)

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Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

Bitcoin falls back to $29K (CoinDesk)

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Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150

Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

Bitcoin plunges below $40K (Eva Blue/Unsplash)

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XRP, SOL Lead Crypto Market Bounce; RLB and UNIBOT Surge on Bullish Sentiment

Trading volumes for rollbit tokens grew 500% on a revamped token buy-and-burn plan.

(Getty Images)

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Bitcoin Quiet in Asia at $29.3K as Market Hunts for Catalyst

Thursday morning's inflation report from the government was slightly better than economists had forecast.

(CoinDesk Indicies)

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Bitcoin Barely Holds $29K Alongside Sizable Altcoin Selloff

Interest rates continue to move higher across the globe, putting pressure on risk assets.

Bitcoin weekly chart. (CoinDesk Indices)

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Bitcoin Dips Below $29K, BNB Slides After Report on DOJ's Binance Concerns

Crypto markets have reversed overnight gains alongside weakness in stock markets and rising Treasury yields.

BTC 4-hour price (CoinDesk)

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Bitcoin Falls 1.2% as Curve Chaos Sparks Systemic Crisis Fears in DeFi

CRV has bounced 20% since Justin Sun organized some relief for the token, but remains 23% lower this week.

Bitcoin daily price. (CoinDesk Indices)

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Bitcoin Teeters Around $29.2K as Crypto Markets Slide Amid Curve Exploit, SEC Clampdown on Hex

BTC hovered comfortably over $29,300 for much of the weekend but dropped in the hours after Curve Finance tweeted that it had suffered a breach.

Bitcoin daily chart. (CoinDesk Indices)