Market Wrap


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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.

Solana price (CoinDesk)

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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.

ETH price (CoinDesk)

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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.

El estrangulamiento de posiciones cortas impulsó las ganancias en altcoins. (Bella H./Pixabat)

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Bitcoin Breakout Toward $45K 'Imminent' Says Matrixport

Polygon's MATIC and Chainlink's LINK led altcoin gains Wednesday afternoon.

CoinDesk Bitcoin Price Index (CoinDesk)

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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.

CoinDesk Bitcoin Price Index on Nov. 7 (CoinDesk)

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XRP, LINK, DOGE Lead Altcoin Gains as Bitcoin Sits at $35K

A few days of outperformance has ignited chatter about "altcoin season."

XRP price on Nov. 6 (CoinDesk)

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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 price on Nov. 3 (CoinDesk)

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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.

(Getty Images)

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Bitcoin Retakes $35K After FOMC as Solana's SOL Leads Sharp Altcoin Rally

The Federal Reserve pulled no surprises on Wednesay as it kept policy on hold but promised a continued focus on bringing inflation to heel.

BTC price today (CoinDesk)

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Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?

The crypto rally was broad, as all CoinDesk sector indexes posted 7% to 32% advances.

BTC price in October (CoinDesk)