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Markets
Bitcoin Drops Toward $20K Amid Contagion Risks in Crypto Markets
The asset is nearing a price level not seen since 2020 as prominent crypto firms see possible insolvencies.

Three Arrows Faces Possible Insolvency After Unforeseen Liquidations: Report
The investment firm has been one of the most-vocal crypto market participants in the past few years.

'Staked Ether' Becomes Focus of Crypto Stress, From Celsius to Three Arrows
The price gap between the locked-up ether on Lido and spot ether jumped to record highs as large holders sell their tokens, drawing concern of a potential ripple effect on crypto lending markets.

Market Wrap: BTC Tumbles Further Ahead of Fed Meeting; Extreme Fear Among Traders
Bitcoin hovered around $22,000, down about 5% over the past 24 hours.

Bond Traders Raise Bets for Fed Rate Hike, Adding to BTC Pressure
The CME FedWatch Tool shows traders see a 94% chance of a 75 basis-point hike to be announced Wednesday.

First Mover Americas: Coinbase Layoffs and the 'Bear Market Guide' to Bitcoin
The latest moves in crypto markets in context for June 14, 2022.

MicroStrategy Defended at BTIG; Saylor Not Expecting Imminent Margin Call
Shares of the technology company have tumbled alongside bitcoin, down 35% over the past few days and nearly 75% so far this year.

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018
Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

Cryptos See Over $1B in Liquidations as Bitcoin, Ether Lose Major Support Levels
Bitcoin lost the $25,000 level, while ether briefly slid to nearly $1,200.

Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.
