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Market Wrap
Market Wrap: Bitcoin, Ether Gain After Visa Deal as Stocks Struggle With Archegos Margin Call
The quick recovery to near $58,000 demonstrates stronger confidence from investors in the oldest and largest cryptocurrency.
Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
After two days of sell-offs, bitcoin bulls finally returned.
Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.
Market Wrap: 'Elon Candle' Effect Fades Quickly as Bitcoin Retreats Below $55K
Tesla got the market excited briefly, but bitcoin is still in consolidation mode.
Market Wrap: Bitcoin Ranges Around $55K While Altcoin Theta Saw Price Spike
“The market is not as confident anymore,” say Arcane Research. “More traders are positioned short.”
Market Wrap: Bitcoin Near $56K, Struggles With Flat Activity on Exchanges
As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.
Market Wrap: Bitcoin Near $59K as Worries on Bond Yields Increase
Price charts also are sending signals the oldest cryptocurrency might be losing steam.
Market Wrap: Bitcoin Loses Steam After Briefly Touching $60K
The cryptocurrency's price fell with stocks amid growing concerns about rising U.S. Treasury yields.
Market Wrap: Bitcoin Near $58K on Fed Pledge to Keep Loose Policy
Bitcoin's price has doubled this year, partly because of demand from institutional investors who are looking for an asset that might hold its worth if the dollar’s purchasing power declines.
Market Wrap: Bitcoin Stuck Near $56K, Ether Faces Short-Term Sell Pressure
Prices settled in the mid-$50,000 range for the most of Tuesday.
