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Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains

BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.

Bitcoin erased this week's early losses and climbed for a third consecutive day. (Mick Haupt/Getty Images)

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Bitcoin borra sus pérdidas de la semana con una resistencia en $22.6K

La mayor criptomoneda ha alcanzado el punto de equilibrio de la semana, invalidando una importante predicción de indicadores técnicos bajistas.

Gráficos diarios y semanales de bitcoin. (TradingView)

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Bitcoin Erases Weekly Loss, Eyes Resistance at $22.6K

Bitcoin has reached breakeven for the week, invalidating a major bearish technical setup.

Gráficos diarios y semanales de bitcoin. (TradingView)

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Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike

U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.

(CoinDesk and Highcharts.com)

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No, Mt. Gox Payouts Aren’t Going to Torpedo Bitcoin's Price

Mostly because honey badgers don’t care. Also, logistics.

(Mass Communication Specialist 2nd Class Derek J. Hurder/Wikimedia Commons)

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El mercado cripto de $863.000 millones podría terminarse pronto, según múltiplo de Mayer

Los números del segmento cripto probablemente tocaron fondo en junio, con el múltiplo de Mayer cayendo por debajo de 0,5.

El mercado bajista cripto podría estar llegando a su fin. (Source: fda54/Pixabay)

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Analysts See Recovery for CEL Token Despite Celsius Bankruptcy

CEL was down more than 10% in the past 24 hours, but some see a “fresh start” for the token.

Will there be a "fresh start" for Celsius's token? (Unsplash, modified by CoinDesk)

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Crypto Traders Say Inflation Already Priced Into Bitcoin

“It’s the same old devastating and boring accumulation phase,” one observer said.

Inflation is surging, but bitcoin has been resilient. (AnnaTamila/Getty images)

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DEX Contango Pushes Retro Alternative to Perps With 'Expirable Futures'

The decentralized exchange said it will launch a beta version later in the summer after undergoing security audits.

Expiring futures contracts, a legacy of physical commodity pits, are coming to a decentralized crypto exchange. (Jeremy Kemp via Wikipedia, modified by CoinDesk)

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