Market Wrap


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Market Wrap: Musk-Induced Sell-Off Spurs Crypto Price Drop Before a Slight Recovery

Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.

CoinDesk XBX Index

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Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K

Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.

CoinDesk XBX Index

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Market Wrap: Bitcoin in Repair Mode as Traders Head to Miami; Dogecoin Gains

Bitcoin is stabilizing after a wild May as traders gather in Miami. DOGE sees further gains.

Bitcoin 24-hour chart

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Market Wrap: ‘Oversold’ Bitcoin Down to $35K, ETH Drops to $2.5K

The past weekend saw the lowest number of bitcoin transfers from exchanges in 2021.

CoinDesk XBX Index

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Market Wrap: Weak PayPal Pump Leaves Market Mostly Flat With BTC at $38K, ETH $2.7K

Bitcoin’s 30-day volatility has been dropping the past two days. So has gold's.

CoinDesk XBX Index

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Market Wrap: Bitcoin, Ether Climb on 'Green' Mining Plans Before Losing Steam

Major cryptocurrencies saw a pop in anticipation of a more environmentally friendly mining outlook. Then they slipped.

CoinDesk XBX Index

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Market Wrap: Ether Trading Volume Up, Closing In on Bitcoin; Crypto Market Struggles

Action in the ether market might take the spotlight from bitcoin over time due to very different mechanics between the two assets.

CoinDesk Ether Index

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Market Wrap: DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains

Opportunities in the crypto market this month have led to gains on decentralized and centralized exchanges.

CoinDesk XBX Index

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Market Wrap: China Breaks Crypto as Bitcoin Falls to $36K, ETH Drops $300 in Two Hours

Within two hours of the State Council statement, BTC fell 11%, based on CoinDesk 20 data.

CoinDesk XBX Index