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Market Wrap
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Looking beyond today's decline, investors may expect continued market weakness due to the tax season, Ryze Labs said in a report.
Bitcoin Rebounds to $70K, Shrugging Off Hot U.S. Inflation Print
Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC was up 1%.
Bitcoin Buckles Below $69K as Crypto Bulls Endure $175M Liquidations
Bitcoin is showing resilience despite the slip, but the corrective period might continue for a while before a return to growth, one observer noted.
Choppy Bitcoin Price Action Continues Ahead of Friday's Jobs Report
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target
The gains were broad-based, with SOL and AVAX advancing more than 10% over the past 24 hours.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs are poised for their first week of net negative flows since late January.
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the 'Pullback Is Over'
Bitcoin could consolidate first before reclaiming the $69,000 level to reignite its uptrend, one trader noted.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said.
