Markets


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Market Wrap: Bitcoin Climbs Above $24K

The cryptocurrency is largely tracking stocks.

BTC surpassed $24,000 as BTC funding rates signal bullish sentiment. (Christopher Burns/Unsplash)

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Americans See Inflation Plunging Next Year, New York Fed Survey Finds

Respondents to the widely considered survey expect inflation to run at 6.2% in 2023, which is down 0.6% from last month’s survey.

(Source: New York Fed Survey of Consumer Expectations)

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Market Wrap: Bitcoin Falls Initially on US Jobs Report, Grinds Higher Later

The positive jobs report may lead to additional Federal Reserve monetary tightening.

Bitcoin has been grinding upward, currently trading near $23,000. (Chester Alvarez/Unsplash)

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DeFi Protocol Voltz Could Bring 150% Interest Rate on Ether Deposits

As the Ethereum blockchain's Merge approaches, traders and venues are seeing the event as an opportunity to pocket fat yields – possibly signaling a renewed appetite for risk in crypto just months after its big market crash.

With memories still fresh from this year's crypto market crash, the Voltz protocol is already looking for ways to let traders use leverage to take more risk. (Pixabay, modified by CoinDesk)

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First Mover Americas: Bitcoin's Rally Loses Steam After US Jobs Report

The latest price moves in crypto markets in context for Aug. 5, 2022.

Bitcoin witnessed some downside after a strong U.S. jobs report for July. (redcharlie/Unsplash)

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US Adds 528K Jobs in July, More Than Doubling Estimates; Bitcoin Dips

Investors are likely to expect the Federal Reserve to continue aggressively hiking interest rates in response.

(YinYang/Getty)

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Meta's NFT Outreach Powers 38% Rally in FLOW Token

The dollar value of open positions in Binance-listed FLOW futures has increased by 345%, validating the price rally.

Meta will leverage the Flow blockchain as part of its NFT initative. (Tumisu/Pixabay, modified by CoinDesk)

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Market Wrap: Bitcoin Falls on Lower Volume and Decreased Volatility

BTC's "average true range" shows that markets have become calm.

BTC's price and volatility both fell August 4. (Jakob Owens/Unsplash)

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First Mover Americas: Bitcoin Unaffected by Bank of England's Super-Size Interest-Rate Hike

The latest price moves in crypto markets in context for Aug. 4, 2022.

The Bank of England raised key interest rates by half a percentage point, and yet BTC appears to be unaffected. (KS KYUNG/Unsplash)

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