Market Wrap


Markets

Market Wrap: Bitcoin Stalls After Short-Squeeze Rally

Technical data suggests lower support around $34,000 could stabilize the current pullback.

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Markets

Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K

The strong bounce in bitcoin over the weekend occurred as shorts covered positions.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Analysts Expect a Short-Squeeze

Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves

Bitcoin is holding up following a strong bounce from $30,000 support.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Bitcoin Climbs as Elon Musk Tames Shorts

Bitcoin and other cryptos rallied as Musk boosted bullish sentiment during The B Word conference.

Tesla CEO Elon Musk speaks during a livestream from Wednesday’s The B Word conference.

Markets

Market Wrap: What’s Next for Bitcoin After Break Below $30K

Bitcoin broke below $30K. Some analysts see value opportunities while others expect further downside.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Sentiment Away From Risk Sends Bitcoin Toward $30K

Bitcoin is at risk of breaking its $30K support level.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Bitcoin Holds Above $30K but Price Chart Looks 'Ugly'

Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.

bitcoin price

Markets

Market Wrap: Bitcoin Slides Toward $30K, Looks ‘Fragile’

Federal Reserve Chairman Jerome Powell testified before the U.S. Senate, about inflation and the possible rollout of a digital dollar.

bitcoin price 0715

Markets

Market Wrap: Bitcoin Flat; Fed’s Powell Grilled on Crypto

The Federal Reserve chief signaled the U.S. central bank isn’t likely to dial back monetary stimulus anytime soon.

bitcoin price from July 13 to July 14