Market Wrap


Markets

Market Wrap: Markets Wait for Fed to Officially Announce What It Has Signaled for Weeks

Absent a huge surprise, markets are expecting interest rates to increase by 75 basis points.

Markets are waiting for the Fed's interest rate decision Wednesday. (Hennie Stander/Unsplash)

Markets

Market Wrap: Bitcoin Regains $19K and Ether Rises as FOMC Meeting Nears

Both assets are likely to remain in a tight trading range, at least until the Federal Reserve announces its latest interest rate hike or some other catalyst appears.

Federal Reserve Chair Jerome Powell will speak at a press conference after this week's FOMC meeting. (Federal Reserve via Wikimedia Commons)

Markets

Market Wrap: Bitcoin and Ether Close the Week Lower

Ether continues to decline as traders position for what’s next for the Ethereum protocol.

Traditional and digital markets trade down again. (Marc Kleen/Unsplash)

Markets

Market Wrap: Markets Trade Lower Despite Success of Ethereum Merge

Ether was down more than 9% at one point as traders decided to “sell the fact” following a nearly seamless Ethereum Merge.

The Merge was successful, but ETH fell 9%. (Deepak Maurya/Unsplash)

Markets

Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge

Investors remain cautious in the final hours before the much-anticipated network upgrade event.

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Markets

Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall

Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling.

Inflation data disappoints investors, roiling the crypto markets. (Pedro Vilela/Getty Images)

Markets

Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data

The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge.

ETH falls, but BTC climbs. (Thomas Höggren/Unsplash)

Markets

Market Wrap: Bitcoin Notches Biggest Gain in 6 Months as Price Soars

Traders appear to be shrugging off interest rate fears as they wait for more inflation data next week

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Up Slightly Despite Fed Chairman's Hawkish Comments

BTC remains resilient despite the challenging macroeconomic conditions.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest

While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait.

Trading volume for BTC was sluggish. (Jorge Coromina/Unsplash)