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Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
Market Wrap: Bitcoin Drops to Near $56K as Spot Trading Volume Remains Low
The oldest cryptocurrency is looking at a price support level around $54,000, with resistance around $60,000.
Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
Market Wrap: Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T
As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year.
Market Wrap: Bitcoin Stuck Below $60K; Cardano’s Sixfold 1Q Gains Led CoinDesk 20
$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.
Market Wrap: Bitcoin, Ether Gain After Visa Deal as Stocks Struggle With Archegos Margin Call
The quick recovery to near $58,000 demonstrates stronger confidence from investors in the oldest and largest cryptocurrency.
Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
After two days of sell-offs, bitcoin bulls finally returned.
Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.
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.
