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Market Wrap
Bitcoin Bounces 6%, Threatens $38K; 'Good Times Are Here,' Analyst Says
Solana's SOL continued to pace gains for altcoins.
Bitcoin Drops 4% to $35K Despite Soaring Tradfi Markets, But Analysts Remain Optimistic
An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.
Solana, Avalanche, Chainlink Tumble 8%-12% as Crypto Rally Cools Amid Fake BlackRock XRP Trust Filing
Some analysts have warned that recent gains for crypto left markets vulnerable to a pullback.
Ether Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.
Bitcoin Tops $37K for First Time Since May 2022 as Short Squeeze Bumps Prices Amid BTC ETF Optimism
Over $62 million in bitcoin shorts were liquidated in the past 24 hours, contributing to higher prices.
Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport
Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.
Bitcoin Squeezes to $35.5K as 'Mini Altcoin Season' Lifts Crypto Market Cap to $1.3 Trillion
Capital rotation from bitcoin to altcoins accelerated further but steady inflows into BTC funds compensated, one analyst noted.
XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K
A few days of outperformance has ignited chatter about "altcoin season."
Bitcoin Stalls at $35K as Gains Flow to Altcoins in Crypto's 'Early Bull Market Rotation,' Analyst Says
Layer 1 cryptocurrencies and DeFi tokens soared this week as bitcoin and ether chopped sideways.
Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
The bitcoin derivatives market shows signs of overheating, one observer noted.
