Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.
Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase
The fund has invested $25 million in crypto in what appears to be a first for a U.S. public pension plan.
Crypto Market Cap Surges to Record $2.7T
The record high comes as the world’s two largest cryptocurrencies continue to rally.
Options Traders Bet Big Ether’s Turn for an ETF Is Coming Soon
Crypto options market indicates some traders have become more bullish on ether’s price next year.
Ether Awaits Price Breakout After Bitcoin’s Record Daily Close
Ether lags bitcoin as the latter nears a record high price.
Australia Has Third-Highest Rate of Crypto Adoption in the World: Finder Survey
Almost 18% of the country’s population owns crypto.
Ether, Bitcoin to Strengthen in Coming Weeks, FSInsight Says
The firm’s first upside target for bitcoin is close to $61,000 and then the highs from earlier this year of around $64,860.
Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins
Analysts see strong fundamentals for alternative cryptocurrencies.
Bitcoin Approaching Resistance Near $58K; Support at $50K
Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.
