Market Wrap


Markets

Market Wrap: Bitcoin Suffers Its Worst Month Since 2011

The largest cryptocurrency by market cap dropped over 37% in June.

June was a month the crypto industry would rather forget. (Adam Gault/Getty Images)

Markets

Market Wrap: Bitcoin Heads for Record Half-Year Loss of 59%

BTC slipped below $19K for the fifth straight daily price decline. Stocks headed for their worst first half since the 1970s as a consumer spending slowdown stokes fresh recession concerns.

(Creative Commons)

Markets

Market Wrap: Bear Market Guides in Vogue as Bitcoin Drops for Fourth Straight Day

BTC was sliding toward $20,000 on Wednesday, as the Bankless newsletter offers mental health tips for surviving a crypto winter.

Crypto's still in a bear market. (Christof Koepsel/Getty Images)

Markets

Market Wrap: Finger-Pointing and Job Cuts as Bitcoin Slides Back Toward $20K

Bitcoin's price fell for a third straight day, and a rally in Chainlink's LINK token faded – as crypto industry recriminations kept coming and stocks slumped.

There's lots of finger-pointing going on as the crypto-market slump inflicts pain on the once-exuberant industry. (Creative Commons)

Markets

Market Wrap: Recession Fears Halt Crypto Bounce

Analysts see few positive signs to sustain a crypto rally.

Bitcoin is "balancing" at about $21,000. (Unsplash)

Markets

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.

Seemingly bearish market indicators are seen by analysts as reasons for optimism. (Creative Commons)

Markets

Market Wrap: Crypto Assets Stabilize as BTC Retakes $20K

Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Markets

Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.

Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)

Markets

Market Wrap: Bitcoin Holds Above $20K Amid Light Trading

U.S. equity markets were closed in celebration of the Juneteenth holiday.

Bitcoin's price was roughly flat over the past 24 hours. (Getty Images)