Market Wrap


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Market Wrap: Bitcoin's Price Rises Amid Uncertainty

The price appears to be both undervalued and range-bound.

Bitcoin's price rose slightly on Wednesday. (Paolo Nicolello/Unsplash)

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Market Wrap: Bitcoin's Price Retreats Along With Stocks

Risky assets fall as Germany reports inflation at a 50-year high.

Cryptocurrencies resumed their downward trend on Tuesday. (GuerrillaBuzz Crypto PR/Unsplash)

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Market Wrap: Bitcoin and Ether Rebound Halts 3-Day Losing Streak

The cryptocurrencies rise even as stocks decline.

BTC and ETH snapped their losing streaks on Monday. (Patrick Fore /Unsplash)

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Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course.

U.S. Fed Chair Jerome Powell doubled down on interest rate hikes, affirming hawkish monetary policy to fight inflation. (Bruce Bennett/Getty Images)

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Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech

Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.

Suspense ahead of Fed Chair Jerome Powell's speech Friday is growing among mainstream and crypto traders. (Scott Olson/Getty Images)

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Market Wrap: Bitcoin Rises Slightly Along With Stocks

U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets.

Crypto assets and stocks rose slightly. (Nancy Hughes/Unsplash)

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Market Wrap: Crypto Assets Rise Following Soft Home Sales in July

Traditional traders have returned to pricing in a 50 basis point interest rate hike for the Federal Reserve’s September meeting thanks to the economic data.

(Peter Dazeley/Getty Images)

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Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments

Most risk assets are in a holding pattern ahead of the Federal Reserve Economic Symposium, where Jerome Powell will speak later this week.

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Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns

The decline in crypto prices appears to be linked to poor inflation data in Germany

Bitcoin has been in the red all day. (CoinDesk and Highcharts.com)

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Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish

BTC, while higher, is still being outpaced by ether thanks to continued enthusiasm about the Ethereum Merge expected next month.

Are the waters too still? The market could be waiting for large speculators to add to their long positions as a sign BTC will rise again. (Constant Loubier/Unsplash)