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Market Wrap: Stocks’ Carnage Drags Bitcoin Down to $9K

A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.

Markets  ·  11 June 2020

Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022

Cryptocurrency traders slapped the buy button on bitcoin during the Federal Reserve’s non-announcement announcement, but the run-up didn’t last.

Markets  ·  10 June 2020

Market Wrap: DeFi Is Helping Ether Outpace Bitcoin This Year

Thanks to growing interest in DeFi, ether is outperforming bitcoin when the market is moving higher.

Markets  ·  9 June 2020

Market Wrap: $10,000 Remains Bitcoin’s Price to Beat

Store of value? Bitcoin has outperformed gold and trounced U.S. equities so far this year.

Markets  ·  8 June 2020

Market Wrap: Bitcoin Flat as Stocks Swell on Positive Jobs Report

Bitcoin was dull in trading Friday as stock markets were having a big day. However, cryptocurrency stakeholders see it as a temporary market condition.

Markets  ·  5 June 2020

Market Wrap: Bitcoin Closing in on $9,900 as Crypto Market Volatility Persists

Crypto derivatives volume had a record month in May - and volatility contributes to fueling that growth.

Markets  ·  4 June 2020

Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism

The bitcoin roller coaster has turned into a bumper car as equities take the stage in hopes of a global economic rebound.

Markets  ·  3 June 2020

Market Wrap: As Bitcoin Steadies, Oil’s Turmoil Continues

The bitcoin market has nothing on oil’s volatility in 2020.

Markets  ·  1 June 2020

Market Wrap: Bitcoin Slides, Stocks Tread Water on Trump China Comments

Stocks across Asia and Europe took a dip Friday and so did bitcoin in anticipation of Trump’s comments on “deeply troubling situations” in Hong Kong.

Markets  ·  29 May 2020

Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels

Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday.

Markets  ·  27 May 2020

Market Wrap: Bitcoin Can’t Stick to $9,000 While Stocks Rally

While bitcoin has been trending lower, Tuesday’s big winner in the markets are equities.

Markets  ·  26 May 2020

Market Wrap: Here’s Why Ether’s Price Has Jumped 65% So Far This Year

Ether is outperforming bitcoin in 2020 but has lower liquidity and different technical dynamics than the world’s largest cryptocurrency.

Markets  ·  19 May 2020

Market Wrap: Bitcoin Stuck in High $9K Range as Stocks Soar on Powell Comments

Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break five digits again.

Markets  ·  18 May 2020

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Bitcoin attempted to recover from a price dip on Friday as global stock indexes end the week lower.

Markets  ·  15 May 2020

Market Wrap: Bitcoin’s Price Up 12% Since the Halving

Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest.

Markets  ·  14 May 2020