Markets


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Bitcoin Rallies From Support, Resistance Around $60K

But traders should continue to monitor intraday resistance levels as the broader uptrend from January slows.

Four-hour BTC chart

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Bitcoin Breaks Out, Near $58K, After Visa Adds Support for Stablecoin USDC

Bitcoin picks up a bid as payments giant Visa adds support for USDC – the second-biggest stablecoin.

Bitcoin's price has surged over the past few days.

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Inflation Watch: US Money Supply to Stay Elevated Despite Coming Slowdown, Pantheon Says

"Nothing like this has ever happened before," says economist Ian Shepherdson.


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Bitcoin Gains Ahead of $6B Options Expiry After Market Finds $50K Floor

BTC held support around $50K and is approaching resistance around $56K.

BTC hourly chart

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US Bitcoin Exchanges See No Major Uptick in Stimulus-Related Buying

The stimulus checks are in the mail so it might be too early to call the hyped-up episode a dud.

U.S. President Joe Biden speaks Thursday at a press conference.

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US Government Sees 'Cryptocurrency Spring Fever' as Great Time to Auction Bitcoin

The GSA's next BTC auction could fetch more than $300K, generating even more excitement among cryptocurrency investors.

GSA

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Bitcoin Stabilizes After Sell-off, Resistance Seen Around $56K

For now, bitcoin continues to hold long-term trend support above $50,000, with lower support around $42,000.

BTC four-hour chart

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Bitcoin Options Traders Position for Gains (to $80K?) in Historically Bullish April

Theoretically, the $80,000 call represents a bet that bitcoin would settle above that level on April 30.

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Market Wrap: 'Elon Candle' Effect Fades Quickly as Bitcoin Retreats Below $55K

Tesla got the market excited briefly, but bitcoin is still in consolidation mode.

CoinDesk Bitcoin Price Index

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Bitcoin Traders Brace for Record $6B in Options to Expire Friday

The record bitcoin options expiry could be bearish overhang on the market.

Chart showing open bitcoin options contracts, listed by their strike prices, reveals the "max pain" point at $44,000.

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