Markets


Markets

Bitcoin Downtrend Intact; Support at $37K

A decisive breakout or breakdown could occur this month.

Bitcoin daily price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Markets

ApeCoin Drops, Ether Trades Flat Despite Record $200M Gas Burn

Over 71,000 ether were burned on Sunday amid demand for a new NFT project. But that did little to affect ether prices as the broader market traded flat.

(Bored Ape Yacht Club, modified by CoinDesk)

Markets

Bitcoin Immune to 'Sell in May' Adage if History Is Guide

Historically, May has been the fourth-best month for bitcoin.

Bitcoin has printed gains in May in seven out of the past 11 years. (TradingView, CoinDesk)

Markets

Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May

BTC is lagging equities and gold so far this year, although returns are typically positive in May.

Investors look toward May (Maddi Bazzocco, Unsplash)

Markets

Labor Costs Jump by Most in 2 Decades, Adding to Inflationary Surge

This move adds more pressure on the Federal Reserve to hike rates fast.

(Sasun Bughdaryan/Unsplash)

Markets

Bitcoin Momentum Weakens; Support at $35K-$37K

BTC's trading range could persist into the following week.

El gráfico semanal de bitcoin muestra el soporte/resistencia (Damanick Dantes/CoinDesk, TradingView)

Markets

Nexo Token Enjoys Short-Lived Rally Upon Binance Listing

The price surged nearly 60% after the listing went live earlier Friday.

Rocket launch

Finance

First Mover Americas: Bitcoin Down as Market Braces for Fed's 50 Basis Point Rate Hike

The latest moves in crypto markets in context for April 29, 2022.

Lower rates may be behind bitcoin's big move (© Eugene Mymrin)

Markets

Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K

BTC is on track for a 15% decline this month, compared with a 13% loss in ETH.

Searching for signs of stability (Julian Hochgesang/Unsplash, modified by CoinDesk)

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