Market Wrap


Markets

Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023

The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.

Bitcoin 24-hour price chart

Markets

Market Wrap: Attempts to Push Bitcoin Above $40K Stall

Some analysts are optimistic while others prefer to see stronger signs of upside momentum before calling a bottom.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves

Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Flat at $37K as Investors Tangle With Bulls and Bears

Positive news from El Salvador couldn't completely overcome negative news out of China.

CoinDesk 20 XBX Index

Markets

Market Wrap: Bullish Basel News Causes BTC Jump to Week-High $38K Level; ETH Slips

Bitcoin busted out a quick 5% gain early Thursday on positive news from that continent before losing some steam.

CoinDesk XBX Index

Markets

Market Wrap: Bitcoin Pops to $36.8K, Other Cryptos Higher Despite Worrying China Signals

Pessimistic news isn’t stopping the crypto spot markets from looking bullish Wednesday.

CoinDesk XBX Index

Markets

Market Wrap: Possible Stimulus Tapering, China Continue Fueling Big Bitcoin, Crypto Dump

Ether is providing some with hope as its momentum, in the form of volume, continues to beat bitcoin for the 10th straight day.

CoinDesk XBX Index

Markets

Market Wrap: Bitcoin in Tight $35K-$36K Range; Ether Volumes Still Beating BTC

Ether’s dominance is at 19.78%, the highest it has been since May 16.

CoinDesk XBX Index

Markets

Market Wrap: Musk-Induced Sell-Off Spurs Crypto Price Drop Before a Slight Recovery

Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.

CoinDesk XBX Index

Markets

Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K

Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.

CoinDesk XBX Index