Market Wrap


Markets

Market Wrap: Analysts Expect Further Upside After Bitcoin Hits All-Time High

The “theme of $100K BTC” has returned, one analyst says.

KULR adds more bitcoin to treasury (Shutterstock)

Markets

Market Wrap: ProShares Bitcoin Strategy ETF Rises in Trading Debut, Sending BTC Higher

Bitcoin hits a six-month high as the first bitcoin futures ETF to list in the U.S. completes its initial day on the market.

BITO 24-hour price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Holds Above $60K as Crypto Market Cap Reaches New High

Meanwhile, some analysts are warning about overheating in the futures market given the recent rise in leveraged positions

Total crypto market cap (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Reaches $61K as SEC’s ETF Deadline Nears

Bitcoin is inching closer to an all-time high as anticipation builds the U.S. regulator will finally approve one of the many applications it has received.

U.S. Securities and Exchange Commission (Shutterstock)

Markets

Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins

Analysts see strong fundamentals for alternative cryptocurrencies.

Ether 24-hour price chart (CoinDesk)

Finance

Market Wrap: Bitcoin Recovering Faster Than Equities as Buyers Remain Active

By contrast, the S&P 500 is down about 4% from an all-time high in September.

Roller coaster

Markets

Market Wrap: Bitcoin Declines as Indicator Shows Rally Could Lose Steam

Comments from J.P. Morgan CEO Jamie Dimon contributed to a sour mood across crypto markets.

Bull and bear (Shutterstock)

Markets

Market Wrap: Bitcoin All-Time High Expected, but Not Before a Pullback

The options market is placing a 20% probability on bitcoin ending the month at a new all-time high above $65,000.

(Shutterstock)

Markets

Market Wrap: Bitcoin Ends Week Notching 14% Gain

The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.

SEC Chair Gary Gensler (Evelyn Hockstein-Pool/Getty Images)

Markets

Market Wrap: Analysts Bullish on Bitcoin as Trading Volume Rises

Historically, bitcoin produces positive returns in the fourth quarter, underpinning bullish price estimates.

Bitcoin 24-hour chart (CoinDesk)