Market Wrap


Markets

Bitcoin Slips to $27.2K, Cryptos Dip as Investors Digest Grayscale’s Court Win

Some signs suggest potential market weakness despite Tuesday’s rally, market observers noted.

Bitcoin pulls back from $28K (CoinDesk)

Markets

Bitcoin Tops $28K on Grayscale Ruling, While Crypto-Related Stocks Soar More Than 10%

A U.S. court ordered the SEC to "vacate" its rejection of Grayscale's bid to convert its Bitcoin Trust into an ETF.

Bitcoin surges after Grayscale court ruling (CoinDesk)

Markets

Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks

Speaking at Jackson Hole, the Fed chair doubled down on keeping financial conditions tight, including hiking interest rates further if needed.

BTC price daily (CoinDesk)

Markets

Bitcoin Gives Up Gains, Slips Below $26K Ahead of Fed's Jerome Powell at Jackson Hole

The Kansas City Federal Reserve's annual Jackson Hole Symposium is underway, and Powell will deliver his keynote address Friday morning.

BTC price in the past 24 hours (CoinDesk)

Markets

Bitcoin Climbs 3% to $26.6K; SOL, NEAR, ADA Lead Crypto Market Gains

Despite today’s market-wide advance, the outlook for risk assets is pointing to softer prices for the next few weeks, one observer noted.

BTC price chart (CoinDesk)

Markets

Bitcoin Settles in Below $26K as Altcoins Lead Crypto Declines

In the absence of any positive catalyst, cryptocurrencies took the path of least resistance.

Bitcoin settles in below $26K (CoinDesk)

Markets

Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend

Crypto markets last week saw one of the biggest long liquidation events since FTX’s collapse, with little buying pressure over the past few days.

trading prices monitor screen

Markets

Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly

A boring August has turned into a bloodbath. Two-thirds of leveraged funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.

BTC's price sank (CoinDesk)

Markets

Bitcoin Slips to $29K, but Fundstrat's Tom Lee Sees $150K on ETF Approval

Altcoins are leading declines, with majors like DOGE, SOL and MATIC shedding 6-7% in the past 24 hours.

Bitcoin falls back to $29K (CoinDesk)