Market Wrap


Markets

Bitcoin Bounces Above $100K, XRP Surges 40% as Trade War Tensions Suddenly Ease

Agreeing to some of Trump's terms, Mexican President Claudia Sheinbaum said the U.S. will be pausing tariffs on her country for one month.

CoinDesk Bitcoin Price Index recovered above $100,000 (CoinDesk)

Markets

Bitcoin Mining Stocks With AI Ambition Battered 20%-30% Lower as Nvidia's Plunge Grips Crypto

The selloff could provide traders an attractive entry opportunity in higher-beta altcoins such as Solana's SOL, which endured a double-digit pullback, one analyst said.

Core Scientific facility in North Carolina. (Core Scientific)

Markets

Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices

Bitcoin's dip to $100,000 was quickly bought up and its outlook still remains "bright," one analyst said.

AI agent tokens has garnered significant mindshare among crypto traders, growing into a multibillion dollar asset class. (Getty Images/Unsplash)

Markets

Solana, Trump Memecoins Tumble as Inauguration Day Brings $700M in Crypto Liquidations

Donald Trump did not mention crypto during his inauguration speech, leaving crypto traders' heightened expectations somewhat unfulfilled.

(Jan Baborák/Unsplash)

Markets

Bitcoin Snaps Downtrend, Hits $105K as Anticipation Builds for Trump's Inauguration

Crypto investors have high hopes for the incoming administration, including potential digital asset-focused executive orders that could add fuel to the rally.

Donald Trump (Shutterstock)

Markets

XRP Hits 7-Year High Above $3 as Large Holders Accumulate $3.8B of Tokens

Growing speculation of a potential spot XRP ETF is one of the factors driving the surge, one crypto analyst said.

Bitcoin Bulls (Unsplash)

Markets

Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data

The selloff in stocks and cryptocurrencies could mean Donald Trump's inauguration will less likely be a sell the news event, K33 Research said.

(Stefan Schurr/Shutterstock)

Markets

Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce

Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.

Bull and Bear (nosheep/Pixabay)

Markets

Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations

Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.

Bitcoin (BTC) price on 01 07 (CoinDesk)

Markets

Bitcoin Returns Above $100K as Early 2025 Crypto Rebound Continues

Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.

Bitcoin (BTC) price on 01 06 (CoinDesk)