Market Wrap

Bitcoin

Market Wrap: Bitcoin Hovers Around $27K While ETH/BTC Pair Goes Bullish

Bitcoin takes a break after record price-setting Sunday while some traders are plowing BTC into ETH.

Markets  ·  28 December 2020
Bitcoin

Market Wrap: Bitcoin Stays in Tight Range but Gains Dominance as XRP Crumbles

With XRP’s sell-off, bitcoin’s dominance increases. However, the derivatives market hints at more volatility ahead for the world's leading cryptocurrency.

Markets  ·  24 December 2020
Bitcoin

Market Wrap: Bitcoin Recovers to Nearly $24K; Ether Rides Bitcoin’s ‘Coattails’

Bitcoin recovers from Monday’s small-scale market sell-off to nearly $24,000, and ether follows bitcoin’s positive trend.

Markets  ·  22 December 2020
Bitcoin

Market Wrap: Bitcoin Dumps to $21.9K; ETH 2.0 Affected Ether Locked in DeFi

Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.

Markets  ·  21 December 2020
Bitcoin

Market Wrap: Bitcoin Sits at $22.8K While $10B Locked in Top 5 DeFi Protocols

Bitcoin is taking a breather after a breathless price run while investors seem to be placing trust in major Ethereum-based products for locking crypto.

Markets  ·  18 December 2020
Bitcoin

Market Wrap: Bitcoin Pushes Past $23.7K While Crypto Locked in DeFi at All-Time High

Bitcoin’s price is setting records again Thursday as decentralized finance may be overlooked in a heated crypto market.

Markets  ·  17 December 2020
Bitcoin

Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product

Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.

Markets  ·  16 December 2020
Bitcoin

Market Wrap: Bitcoin Tests $19.5K; Ether Options Interest in Doldrums

Bitcoin continues to appreciate in price as ether options interest wanes after a hot November.

Markets  ·  15 December 2020
Bitcoin

Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price

Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.

Markets  ·  14 December 2020
Bitcoin

Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.

Markets  ·  11 December 2020
Bitcoin

Market Wrap: Bitcoin Briefly Slides Below $18K as ETH Is More Volatile Than BTC in 2020

Bitcoin slipped below $18,000 again Thursday as ether’s volatility in 2020 shows a different dynamic.

Markets  ·  10 December 2020
Bitcoin

Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

Markets  ·  9 December 2020
Bitcoin

Market Wrap: Bitcoin Steadies at $18.7K; Big Ether Options Position Around $1,120 Isn’t Bullish

The bitcoin market dipped again Tuesday while traders have scooped up ether options at the $1,120 price level.

Markets  ·  8 December 2020
Bitcoin

Market Wrap: Bitcoin Briefly Slips Below $19,000; ETH Locked in DeFi Crosses Over 7M

A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.

Markets  ·  7 December 2020
Bitcoin

Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops

Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.

Markets  ·  4 December 2020