Market Wrap


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Market Wrap: Bitcoin Up Slightly Despite Fed Chairman's Hawkish Comments

BTC remains resilient despite the challenging macroeconomic conditions.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

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Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest

While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait.

Trading volume for BTC was sluggish. (Jorge Coromina/Unsplash)

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Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins

The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.

Ether shows more price movement than bitcoin. (Towfiqu Barbhuiya/Unsplash)

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Market Wrap: Bitcoin Trades Down After Initial Push Higher

The price settled below $20,000 as investors digested the August jobs report.

The price of BTC decreased Friday. (Stephen Leonardi/Unsplash)

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Market Wrap: Bitcoin Struggles to Hold $20K for the Foreseeable Future

The largest cryptocurrency in market value toggled above and below the psychologically important threshold.

Bitcoin continues to struggle around $20K. (Hulton Archive/Getty Images)

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Market Wrap: Bitcoin's Price Rises Amid Uncertainty

The price appears to be both undervalued and range-bound.

Bitcoin's price rose slightly on Wednesday. (Paolo Nicolello/Unsplash)

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Market Wrap: Bitcoin's Price Retreats Along With Stocks

Risky assets fall as Germany reports inflation at a 50-year high.

Cryptocurrencies resumed their downward trend on Tuesday. (GuerrillaBuzz Crypto PR/Unsplash)

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Market Wrap: Bitcoin and Ether Rebound Halts 3-Day Losing Streak

The cryptocurrencies rise even as stocks decline.

BTC and ETH snapped their losing streaks on Monday. (Patrick Fore /Unsplash)

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Market Wrap: Bitcoin Slumps to Lowest Level in Over a Month After Powell Affirms Hawkish Monetary Policy

The first cryptocurrency dipped 4.3% to around $20,549, its lowest point since July 16, after the head of the U.S. central bank said the Fed would maintain its restrictive monetary course.

U.S. Fed Chair Jerome Powell doubled down on interest rate hikes, affirming hawkish monetary policy to fight inflation. (Bruce Bennett/Getty Images)

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Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech

Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.

Suspense ahead of Fed Chair Jerome Powell's speech Friday is growing among mainstream and crypto traders. (Scott Olson/Getty Images)