Market Wrap


Markets

Market Wrap: Bitcoin Outperforms Top Cryptocurrencies in June

The outperformance came despite a negative month for the leading cryptocurrency by market cap.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

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.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

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.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Market Wrap: Bitcoin Declines Into the Weekend, as Volatile Month Continues

The technical charts suggest further downside is likely as sellers react to extreme overbought conditions since March.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin in Recovery Mode Ahead of Options Expiry

Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger

Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Back Above $30K in Volatile Trading Session

Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Slides to Two-Week Low, Ether to Below $2K as China Reiterates Crypto Ban

CME's bitcoin futures goes into "backwardation" and BTC inflows to exchanges rise as China "FUD" continues.

CoinDesk's Bitcoin Price Index.

Markets

Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’

Bitcoin’s "death cross" could increase selling pressure into the weekend.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement

Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.

Bitcoin 24-hour price chart