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Market Wrap
Bitcoin Dips Below $98K as Strong U.S. Economic Data Leads to $300M of Crypto Liquidations
Stronger-than-expected job openings and ISM Services PMI rolled back investor expectations for further rate cuts for this year.
Bitcoin Returns Above $100K as Early 2025 Crypto Rebound Continues
Altcoin majors, including ether and solana, also rose sharply as U.S. markets opened on the first full week after holidays, with the broad-based CoinDesk 20 advancing 3.5% through the day.
Bitcoin Dips Below $96K While CoinDesk 20 Plunges 10% Amid Fed-Spurred Rout; SOL Surrenders Post-Election Rally
Fed Chair Jerome Powell's hawkish comments Wednesday on rate cuts have rattled investors across asset classes.
Bitcoin Grapples with $100K as Rally on Trump's Crypto-Positive Comment Fizzles
Altcoins as a group outperformed bitcoin, with AVAX and LINK leading sector gains.
XRP, APT, ADA Tumble Another 15%; Investors May Be Paring Longs Ahead of CPI Data
Bitcoin is again outperforming, sliding just 3% back to $95,000.
Crypto Crumbles in Broad Selloff Led 20% Declines Across Numerous Altcoins
Bitcoin was an outperformer, but still lower by 5% over the past 24 hours to just above $95,000.
Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge
ETH surpassed the level for the first time since March.
Bitcoin Crashed Below $94K in Sudden Plunge From Record Perch Around $100K
BTC has been red-hot lately, taking out a milestone, but the bottom just fell out.
Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying
Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.
Ether Rises 8% Amid Slumping Bitcoin Dominance
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
