Markets


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Market Wrap: Bitcoin Pushes $60K as Goldman, BlackRock Moves Signal Adoption

Bitcoin finishes the first quarter double where it started the year, versus a 5.8% gain for the S&P 500. No wonder Goldman's clients want in.

Bitcoin's gains haven't been particularly steady in the first quarter, but they've added up.

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Why Genesis, BlockFi, Ledn Are Cutting Interest Rates on Large-Scale Bitcoin Deposits

Genesis is cutting bitcoin deposit rates effective Thursday, following BlockFi's reduction last week.

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Bitcoin Has Best Start to Year Since 2013 as Gold Disappoints

Bitcoin outshines gold as inflation expectations rise.

Despite the memories of recent market choppiness, bitcoin in March gained for the sixth straight month.

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'Bull Flag' Call for $70K Bitcoin Draws Skepticism From Rival Analysts

There's a debate raging among bitcoin technical analysts over whether the "bull flag" chart pattern even has a flagpole.

A "bull flag" or wishful thinking? Analysts are raising a yellow flag about the latest call for $70,000 bitcoin.

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Bitcoin Stalls Near Resistance; Support Around $54K

BTC stalled just shy of $60K resistance during Asia hours. Support is around $54K.

BTC Four-Hour Chart

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Market Wrap: Traders Ratchet Up Derivatives Bets as Bitcoin Mounts Rally

Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.

Bitcoin price chart, daily, over past month.

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Crypto Traders Lever Up as Bitcoin Creeps Back Toward All-Time High

The recent rise appears to show traders finding a renewed appetite for risk taking following a market shakeout over the past of couple weeks.

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Bitcoin Uptrend Intact After Month-Long Consolidation; All-Time High Within Reach

Intraday overbought signals are not yet extreme, which should keep buyers active towards $60,000-$61,000.

BTC Daily Price Chart

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Bitcoin, in Switch From February, Keeps Bullish Tone as US Treasury Yields Rise

About 87% of bitcoin's performance was delivered while the U.S. 10-year bond yield has been rising, one observer said.

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Cryptocurrency Fund Flows Now at Lowest Since October 2020

No wonder cryptocurrency markets were so lackluster last week: There just wasn't much appetite from investors to put new money into funds.

CoinShares chart shows how dramatically inflows to cryptocurrency investment funds fell last week.

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