Market Wrap


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Market Wrap: Bitcoin Rallies Near $58K, Stocks Soar to Record Highs

And yet, bitcoin’s trading volume shows no signs of returning to previous high levels.

CoinDesk's Bitcoin Price Index

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Market Wrap: Bitcoin Nears All-Time High As US House Passes $1.9T COVID-19 Relief

Bitcoin is within range of a quick run to the all-time high of $58,332.

CoinDesk Bitcoin Price Index

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Market Wrap: Bitcoin Gains for Fifth Day, the Longest Streak This Year

Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.

CoinDesk Bitcoin Price Index

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Market Wrap: Bitcoin Trades Well Above $50K, While Ether Outperforms on NFTs, July's Upgrade

Bitcoin's price climbed for a fourth straight day, even as 10-year bond yields continued their march toward 1.6%.

CoinDesk Bitcoin Price Index

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Market Wrap: Bitcoin Stuck Below $50K, and Blockchain Data May Show Why

Investors are speculating how a faster-than-expected economic rebound might benefit bitcoin.

CoinDesk's Bitcoin Price Index

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Market Wrap: Bitcoin Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops

Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.

Bitcoin's price over the past day.

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Market Wrap: Bitcoin Reclaims $50K as Bulls Eye Uptrend Revival

A gain this month would mark the sixth straight monthly increase for bitcoin, the first time that’s happened in seven years.

coindesk1

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Market Wrap: Bitcoin Continues Choppy in High $40Ks Amid Market Indecision

Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.

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Market Wrap: Bitcoin Faces Long Odds in Bid for Sixth Straight Monthly Gain

Bitcoin started March nicely but whether it can match its previous winning streak is yet to be seen.

Bitcoin Price Index at CoinDesk 20

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Market Wrap: Bitcoin Heads for Worst Week Since March as Prices Hold Around $46.5K

“Cash is king in times of distress, not bitcoin,” said one market watcher.

CoinDesk Bitcoin Price Index