Market Wrap


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Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.

Bitcoin price on June 17 (CoinDesk)

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Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass data shows.

Bitcoin price on June 14 (CoinDesk)

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Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

Bitcoin on 6/13 (CoinDesk)

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Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.

Bitcoin price on June 11 (CoinDesk)

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Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs

Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.

Bitcoin price on June 6 (CoinDesk)

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Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K

Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

Uniswap (UNI) price on June 4 (CoinDesk)

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Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.

Bitcoin price on June 3 (CoinDesk)

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Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Trigger $350M Liquidations

U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.

Ether (ETH) price on May 23 (CoinDesk)

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Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

Bitcoin (BTC) price on May 23 (CoinDesk)

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Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally

Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

Bitcoin price on May 15 (CoinDesk)