Treasury Bond

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.

Markets  ·  9 April 2021

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.

Markets  ·  7 April 2021
Bitcoin

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.

Markets  ·  6 April 2021
Bitcoin

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.

Markets  ·  1 April 2021
Ether

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.

Markets  ·  29 March 2021
Ether

Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend

After two days of sell-offs, bitcoin bulls finally returned.

Markets  ·  26 March 2021
Ether

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.

Markets  ·  25 March 2021
Equities

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.

Markets  ·  24 March 2021
Bitcoin

Market Wrap: Bitcoin Ranges Around $55K While Altcoin Theta Saw Price Spike

“The market is not as confident anymore,” say Arcane Research. “More traders are positioned short.”

Markets  ·  23 March 2021
Ether

Market Wrap: Bitcoin Near $59K as Worries on Bond Yields Increase

Price charts also are sending signals the oldest cryptocurrency might be losing steam.

Markets  ·  19 March 2021
Ethereum

Market Wrap: Bitcoin Loses Steam After Briefly Touching $60K

The cryptocurrency's price fell with stocks amid growing concerns about rising U.S. Treasury yields.

Markets  ·  18 March 2021
Ether

Market Wrap: Bitcoin Choppy Around $56K, Early Pullback Appears Cooling

Bitcoin on Monday suffered its biggest single-day price decline in more than two weeks, after the fizzing of a retail trader-driven rally over the weekend.

Markets  ·  15 March 2021
Ether

Market Wrap: Bitcoin Rallies Near $58K, Stocks Soar to Record Highs

And yet, bitcoin’s trading volume shows no signs of returning to previous high levels.

Markets  ·  11 March 2021
Ether

Market Wrap: Bitcoin Nears All-Time High As US House Passes $1.9T COVID-19 Relief

Bitcoin is within range of a quick run to the all-time high of $58,332.

Markets  ·  10 March 2021
Equities

Will Bitcoin Crash? Not Below $48K, Blockchain Data Suggests

Blockchain data might give traders comfort that prices aren't likely to revisit the end-of-2020 level anytime soon.

Markets  ·  10 March 2021