Market Wrap


Markets

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average

Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.

BTC pushed to a one-month high of $24,265 and is attempting to climb above its 50-day simple moving average. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede

The Crypto Greed & Fear Index climbed to 30, its highest point since April.

BTC climbed above $23,000 and the Crypto Greed & Fear Index moved from "extreme fear" to "fear." (Patrick Hendry/Unsplash)

Markets

Market Wrap: Bitcoin Sees Best Day in Over a Month

BTC climbed to $22,753, its highest level since mid-June.

Bitcoin, the largest cryptocurrency by market capitalization, had its best day in over a month. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains

BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.

Bitcoin erased this week's early losses and climbed for a third consecutive day. (Mick Haupt/Getty Images)

Markets

Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.

(CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.

BTC price plummeted 4.5% minutes after the CPI was released but has since recovered to Tuesday levels.

Markets

Market Wrap: Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure

Also, some analysts believe bitcoin’s recent dips show the price level is not as critical anymore.

(tridland/Shutterstock)

Markets

Market Wrap: Bitcoin Retraces Gains as Investors Await Inflation Announcement

BTC declined for the fourth consecutive day, erasing Friday’s push above $22,000.

(Unsplash)

Markets

Market Wrap: Bitcoin Gains for Third Consecutive Day as Binance Launches Zero Trading Fees

The crypto exchange giant's trading volume skyrocketed after its global new policy went live.

Bitcoin rose for the third straight day. (Shutterstock)