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DeFi Tokens Rose in a Turbulent Week: CoinDesk Market Index
Lesser known altcoins had a strong week as bitcoin and ether wrestled with macroeconomic headwinds
On Heels of First Losing Month of 2023, Bitcoin and Ether Flash Differing Signals
While bitcoin appears positioned to trade flat, ether shows indications of being in an uptrend.
Inflation Concerns, Strong Jobs Data Put Bitcoin on the Defensive
A strong May jobs report on Friday could set the crypto up for further declines.
Bitcoin Moves Little on the Week Despite Debt Deal, Inflation Concerns
Bitcoin trades flat to move one step closer to logging its first losing month of 2023. Ether rises slightly but also seems headed for a negative May.
The Relationship Between Economic News and Crypto Prices May Be Improving
The good news equals bad news relationship between economic data and crypto prices may be changing.
Crypto Markets Recoil From Latest Yellen Concerns About Debt Ceiling Impasse
Treasury Secretary Janet Yellen reiterated her comments from just three days ago about the U.S. running out of cash if lawmakers can’t reach an agreement. Crypto and other asset markets dropped.
CoinDesk Indices Trend Indicator Hints at Continued Downturn for Bitcoin, Ether
Bitcoin and Ether’s streak of monthly gains is in danger of ending.
Bitcoin and Broader Crypto Prices Little-Changed in Eventful News Week
Litecoin was the largest gainer among large-cap cryptocurrencies.
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
Ether Rebounds Versus Bitcoin in Relatively Quiet Trade
Technical factors suggest ether's bounce could pause at current levels.