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Market Wrap
Market Wrap: Bitcoin Weakens as US Inflation Hits 13-Year High
Buyers are snapping at bitcoin whenever it dips to $30,000, but the cryptocurrency’s price response to faster inflation readings is puzzling Wall Street analysts.
Market Wrap: Bitcoin Rises After Volatile Week
Analysts see the possibility of further selling pressure despite short-term relief.
Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
Market Wrap: Bitcoin Consolidates Amid China Crackdown
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks
The cryptocurrency is expected to hold support above $30,000.
Market Wrap: Bitcoin Under Pressure Despite Improving Sentiment
Bitcoin sentiment is improving despite profit taking into July.
Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June
The outperformance came despite a negative month for the leading cryptocurrency by market cap.
Market Wrap: Bitcoin Pushes Higher as Short Bets Unwind
Bitcoin shorts are unwinding positions into the month’s close. Traders watching for signs of capitulation.
Market Wrap: Cryptocurrencies Rise Despite Binance UK Warning
Crypto markets rose despite regulatory crackdowns from the U.K. and China. Analysts expect continued resiliency above $30K support.
