Jimmy He

Jimmy He

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Markets

Few Signs of Upward Momentum as Bitcoin Holds $20K

Analysts say wider economic improvements are needed for sustained growth.

El gráfico del precio de bitcoin durante la última semana ilustra el retroceso del mercado del lunes. (CoinDesk)

Markets

Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism

It's hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that's how some analysts are interpreting the signal.

Seemingly bearish market indicators are seen by analysts as reasons for optimism. (Creative Commons)

Markets

Bitcoin Hovers Near $21K as Investors Look to Avoid Another Weekend Slump

Analysts are questioning whether BTC will be able to remain above the $20K threshold amid weak investor confidence.

Red arrows moving up on wooden blocks

Markets

Market Wrap: Crypto Assets Stabilize as BTC Retakes $20K

Bitcoin traded at $20,900 in the afternoon, while some altcoins surged on positive news and improved sentiment.

Cryptocurrencies have stabilized for now, but analysts are mulling a further downside. (Unsplash)

Markets

Bitcoin Back Above $20K as Analysts Debate Whether It's Good Time to Buy

It's still to be seen whether BTC will experience price declines similar to 2013 and 2017.

El nivel de precios de $20.000 se ha convertido en un umbral crucial para bitcoin. (CoinDesk)

Markets

Market Wrap: BTC Falls Below $20K as Crypto Bounce Loses Steam

The recovery for cryptocurrencies proved to be short-lived as investors digested the latest inflation remarks by U.S. central bank chair Jerome Powell.

Bitcoin and most cryptocurrencies pared down yesterday's gains as investors' risk appetite remained low. (Unsplash)

Markets

CoinShares Report Shows Major Outflows From Bitcoin Short Funds

Digital-asset investment products see $39 million in outflows last week, with total assets under management reaching lowest level since February 2021.

Chart of weekly crypto fund flows (CoinShares)

Markets

Bitcoin Holds Steady Above $21K Amid Stock Gains

Ether is also up over the past 24 hours, although analysts warn that the crypto rally is unlikely to last.

Bitcoin subió en el trading del día viernes. (Jay Radhakrishnan)

Markets

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.

Bitcoin's price is no longer clinging to the $30K zone. (CoinDesk)

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