btc


Markets

Bitcoin ETF Has Broken BTC's Pandemic-Era Price Correlation With Luxury Watches

Crypto prices have decoupled from prices for luxury watches, ending a prolonged positive correlation caused by unprecedented monetary stimulus.

(Agê Barros/Unsplash)

Markets

Vibe Check: Ether Finds Support: CoinDesk Indices' Todd Groth

Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.

Ether (ETH) finds support at $2,200 level. (Natalilia Mysik/Getty Images)

Markets

Bitcoin Under $39K as ETF Debut Continues to Be a ‘Sell-the-News’ Event

BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%.

Downgrade spiral staricase going down downwards (Unsplash)

Markets

Bitcoin Unphased by China's Stimulus Plan

Hong Kong's Hang Seng Index and the CSI 300 both responded to Beijing's plan to reboot China's domestic stock market, but bitcoin remains in the red.

16:9 Crop: Shanghai, China (Li Yang / Unsplash)