Markets


Markets

3 Reasons Bitcoin Just Tanked Below $11K for First Time in a Month

Cryptocurrency analysts attributed the drop to a combination of risk-off sentiment in traditional markets, DeFi exhaustion and miner selling.

Bitcoin price chart versus ether and the S&P 500. (TradingView)

Markets

Bitcoin Plunges $403 in 1 Hour to Lowest in a Month

The price plunge came after reports traders were selling an elevated level of bitcoin to exchanges for potential liquidation.

Bitcoin hourly price chart. (TradingView)

Markets

Bitcoin Risks Deeper Price Pullback as Exchange Inflows Spike

Wednesday saw a flurry of deposits onto exchanges, indicating some investors are trying to offload their bitcoin. That could further propel prices downwards.

Bitcoin prices Sept. 1-3 (CoinDesk BPI)

Markets

Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance

Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level.

coindesk-BTC-chart-2020-09-02

Markets

Bitcoin Nears $12K as Dollar Declines to 29-Month Low

Sell-off in the U.S. dollar and ether's price rally power gains in bitcoin.

MOSHED-2020-9-1-8-3-46

Markets

Ether Price Hits 2-Year High

The two-year high was reached alongside a drop in the number of coins held in exchange addresses.

Ether prices since mid-June (CoinDesk)

Markets

US Stocks Closing on Bigger August Gain Than Bitcoin

While bitcoin is eyeing an August gain for the first time in three years, the cryptocurrency is still lagging U.S. stocks over the month.

(3000ad/Shutterstock)

Markets

First Mover: Binance's Shrinking Trading Spreads and Bitcoin's Jackson Hole Fizzle

Traders are getting better fills due to shrinking bid-ask spreads on Binance and other cryptocurrency exchanges. It's a sign of a healthy market.

Shrinking Binance bid-offer spreads might reveal crypto markets maturing. (Rednuht/Creative Commons, modified by CoinDesk)

Markets

Bitcoin, Gold Recover After Jerome Powell Speech Shakes Markets

Bitcoin and gold are reversing losses seen on Thursday after the Federal Reserve's announcement of a more relaxed approach to tackling inflation.

Federal Reserve building, Washington, D.C.

Markets

Bitcoin Pops and Drops After Powell Introduces Average Inflation Targeting

Bitcoin whipsawed on Thursday after the Federal Reserve’s chairman signaled tolerance for high inflation, as expected.

btc chart

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