Market Wrap


Markets

Market Wrap: Bitcoin Starts the Month in Negative Territory

BTC gives back a bit of last week’s gain on reduced volume.

BTC falls on the first day of August. (Sarah Kilian/Unsplash)

Markets

Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week

Digital assets have been rallying despite the Fed’s rate hike and the decline in GDP.

Following last week’s 10% gain, BTC finished the current week up 5%. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report

Growth in the U.S. economy slows, the yield curve inverts but markets rise anyway.

(Matt Cardy/Getty Images)

Markets

Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount

Investors had already largely priced in the U.S. central bank’s 75-basis point hike.

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Markets

Market Wrap: Bitcoin Declines Further as Momentum Wanes

BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.

BTC dropped 6% Tuesday. (CoinDesk Research and Highcharts.com)

Markets

Market Wrap: Bitcoin Starts the Week in Negative Territory

Bitcoin declines on lower than average volume, offering lower prices but little conviction.

Bitcoin declined 4.3% on Monday. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Finishes the Week in Positive Territory Again

Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.

The largest cryptocurrency by market capitalization is up 14% over the past seven trading days. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price

Bitcoin investors are back in positive territory, although trading ranges have narrowed.

Bitcoin declined 2.9% after an 11% increase over the previous seven trading days. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average

Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.

BTC pushed to a one-month high of $24,265 and is attempting to climb above its 50-day simple moving average. (CoinDesk and Highcharts.com)

Markets

Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede

The Crypto Greed & Fear Index climbed to 30, its highest point since April.

BTC climbed above $23,000 and the Crypto Greed & Fear Index moved from "extreme fear" to "fear." (Patrick Hendry/Unsplash)