Market Wrap

Bitcoin Pops and Drops as Markets Swing Wildly on Tariff News

The White House denied a report that it was mulling a 90-day delay on imposition of tariffs.

Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.

At least one analyst questioned why GameStop's plan to buy bitcoin was necessarily a good thing.

Gold continues to be the star of the cycle, jumping to a new record above $3,050 per ounce.

By Tom CarrerasMar 19, 2025

A crypto rally to new highs may have to wait until later this year, said Coinbase Institutional's head of research.

The rebound in risk assets propelled BTC above its 200-day moving average, a key benchmark for the long-term trend.

Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.

By Tom CarrerasMar 12, 2025

The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.

Bitcoin's fundamentals held up well during the latest dip, suggesting underlying strength, Swissblock analysts said.

Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.

By Tom CarrerasFeb 24, 2025

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