Market Wrap


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Bitcoin Wavers at $62K Amid Major Swings in Stocks, Gold; Memecoins Falter as Profit-Taking Sets In

Traditional risk assets like stocks surged while gold and oil tumbled, but cryptos didn't get the memo.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

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Bitcoin oscilla a 62.000 $ tra le forti oscillazioni di azioni e oro; i memecoin vacillano mentre si verifica la presa di profitto

Le attività tradizionali a rischio, come le azioni, sono aumentate mentre l'oro e il petrolio sono crollati, ma le criptovalute T hanno ricevuto il messaggio.

Risks of a deeper pullback are growing for BTC (mana5280/Unsplash)

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MicroStrategy Surges to 6-Month High as Bitcoin Wrestles With Key Moving Average

NEAR, UNI and APT led crypto gains, while bitcoin faded after pushing through $64,000 earlier in the day.

Bitcoin price on 10/07 (CoinDesk)

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AI Tokens Lead Crypto Rebound Amid Strong U.S. Economy

Bitcoin may have bottomed at $60,000 earlier this week, and the Fed easing into a strong economy points to more upside, Will Clement said.

Render price on 10/04 (CoinDesk)

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Bitcoin Dominance Nears 3-Year High Amid Altcoin Weakness; Aptos Outperforms as SUI Drops

Bitcoin held above the $60,000 key support level, while Ethereum's ETH fell to near its weakest level against BTC since mid-September.

Bitcoin price on Oct. 3, 2024 (CoinDesk)

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Bitcoin Bounce Above $62K Quickly Fades; Ether, XRP, ADA, LINK Lose as Torrid October Continues

The largest cryptocurrency's price is currently retesting its "Bull Market Support Band" trend indicator, where prices often rebounded from pullbacks during uptrends.

Bitcoin price on 10 02 (CoinDesk)

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Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains

The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.

Gráfico de índices del mercado de acciones subiendo y bajando. (Megamodifier/Pixabay)

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Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election

Despite October being a historically strong month for crypto assets, options traders expect further downside over the next few weeks, with a rally coming post-election, Wintermute said.

Bitcoin price on 09 30 (CoinDesk)

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Bitcoin Hits $65K for First Time Since Early August, Renewing Investor Interest in Spot ETFs

Monetary stimulus in the U.S. and China appeared to be the catalyst for the crypto's run higher.

Bitcoin price 9/26/24

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Bitcoin raggiunge i 65.000 $ per la prima volta dall'inizio di agosto, rinnovando l'interesse degli investitori negli ETF spot

Gli stimoli monetari negli Stati Uniti e in Cina sembrano essere stati il catalizzatore della corsa al rialzo delle criptovalute.

Bitcoin price 9/26/24