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Markets
Ethereum Merge May Not Be Immediately Deflationary, Crypto Trading Firm QCP Says
While the Merge is likely to cause a reduction in ether's supply, making it a deflationary asset, low network usage may delay the expected bullish effect.
Bitcoin Rebounds Above $19K
The largest cryptocurrency in market value was trading at $19,350, although analysts remain skeptical of a longer-lasting rally.
Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest
While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait.
Hawkish Fed Chatter Has Wall Street Betting on Big Rate Hike, Crypto Traders Shorting Bitcoin
Some of the central bank's officials want to see "several months" of low inflation to gain confidence that price pressure is easing.
Bitcoin Bets Look Bearish as Futures Trading Hits Record Level
The number of outstanding futures and perpetual contracts on bitcoin rises to a record, and traders are paying up to bet on further price declines – in a market that's already bearish.
First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds
The latest price moves in crypto markets in context for Sept. 7, 2022.
Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines
The BTC to ETH market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said.
Ether, ADA Lead Steep Crypto Slide Amid Dollar Strength
Some analysts said impending monetary tightening could add to a global rout across major asset classes such as equities and crypto.
Bitcoin Dips Below $19K, Hitting Lowest Point in Two Months
The price fell to $18,680 on Tuesday, a point not seen since late June.
Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins
The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.
