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Markets
Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech
Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.
NFT- and Metaverse-Related Cryptocurrencies Underperform as Floor Prices Sink
FLOW, APE and AXS are among tokens tracking double-digit losses over the past week.
First Mover Americas: Bitcoin Gains Stall at $22K as Markets Await Powell at Jackson Hole
The latest price moves in crypto markets in context for Aug. 25, 2022.
Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious
Buying ether ahead of the Merge is likely an overextended play, one trader said.
Bitcoin's Pre-Jackson Hole Decline Leaves Room for 'Buy the Fact' Bounce
"No matter what Powell says or the Fed does, the market insists on reading/hearing him dovish," one observer said.
Market Wrap: Bitcoin Rises Slightly Along With Stocks
U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets.
Wounded Crypto Traders Desperate for Clues From Fed’s Big Meeting This Week
The central bank’s annual Jackson Hole, Wyoming, conference could provide hints on where interest rates are headed – and thus where crypto prices will go.
First Mover Americas: Ether Outperforms Bitcoin; CME BTC Futures Hit a Huge Discount to Spot Prices
The latest price moves in crypto markets in context for Aug. 24, 2022.
Anomalous Ether Futures Pricing Condition Is Likely to Revert After the Merge
"The current state of backwardation reflects the general market view that ETH will fall following the Merge, but this could be short-lived," one observer said.
Market Wrap: Crypto Assets Rise Following Soft Home Sales in July
Traditional traders have returned to pricing in a 50 basis point interest rate hike for the Federal Reserve’s September meeting thanks to the economic data.
