Market Wrap


Markets

Bitcoin Tops $88K, Catapulting MicroStrategy to 24-Year Record Amid Supercharged Crypto Rally

Michael Saylor's company surpassed its lofty dotcom bubble highs, now holding over $24 billion worth of BTC in its treasury.

Bull Market (Kameleon007/Getty Images)

Markets

Solana Joins $100B Club, Hitting Nearly a Three-Year High Above $210

The fourth largest crypto could potentially reach its 2021 record high of $260 in the coming days given its relative strength through crypto's eight-month long consolidation phase, one analyst noted.

Solana price on Nov 10 (CoinDesk)

Markets

Bitcoin Hits Another Milestone, Topping $77K for First Time; Funding Rates Suggest Crypto Rally Can Keep Going

Cardano's ADA, Polygon's POL advanced 15% as the broad-market CoinDesk 20 Index outperformed BTC.

Bitcoin price on Nov. 8 (CoinDesk)

Markets

Cardano Pumps 16%, Bitcoin Could Pop to $100K After Fed Rate Cut

Majors cryptocurrencies are surging as a bullish backdrop gives traders reason to set a $100,000 price target for BTC in the near term.

Bitcoin could hit a new record high in two months. (Kurt Cotoaga/Unsplash)

Markets

Post-Election Déjà Vu: Bitcoin Spikes to a New Record High, While Ether and Solana Rally Ahead of FOMC

Bitcoin (BTC) just hit a new all-time high, but Ethereum's ether (ETH) is the bigger winner.

Bitcoin made a new high today. (CoinDesk).

Markets

Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearly $400M Shorts

Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.

Bitcoin (BTC) price on Nov. 6 (CoinDesk)

Markets

Bitcoin Gives Up Gains as U.S. Election Anxiety Unleashes Crypto Volatility

The worst case scenario for risk assets including cryptocurrencies would be a delayed or contested election where the result is unknown for weeks, one observer noted.

Bitcoin price on Nov 5 (CoinDesk)

Markets

Crypto Slumps Alongside Trump's Victory Odds on Polymarket as Uncertainty and Profit-Taking Rise

The final stretch of the U.S. presidential election is keeping traders on their toes after recent big runs higher for crypto and traditional markets.

Donald Trump at BTC 2024 (Danny Nelson/CoinDesk)

Markets

Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K

Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.

Bitcoin (BTC) price on Oct. 31 (CoinDesk)

Markets

Bitcoin Tops $73.5K, Climbing Just Shy of New Record High

The largest crypto has extended its year-to-date gain to nearly 75% and has more than doubled from year-ago levels.

Bitcoin $73K