Market Wrap


Markets

Market Wrap: Bitcoin Outperforms as Traders Prepare for Next Leg Higher

Bitcoin is up about 5% over the past week, compared with a 3% rise in ether over the same period.

Bitcoin market dominance ratio (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates

The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.

For now, era of low rates benefit risk assets (Shutterstock)

Markets

Market Wrap: Bitcoin Could Break Out and Rise With Altcoins Next Week

Analysts expect a bullish November for cryptocurrencies.

(Shutterstock)

Markets

Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls

BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.

ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Holds Above $60K After Fed Taper Announcement

Analysts see further upside despite lower trading volume.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Rangebound as Traders Expect Strong November

Some analysts expect a slight pullback ahead of a seasonally strong period for crypto prices.

Shutterstock

Markets

Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally

ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.

Ether price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Analysts expect short-term choppiness ahead of the next leg higher.

Bitcoin price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Dips Below $60K as ETF Enthusiasm Fades

“We may see significant price erosion,” said one trader.

Bitcoin support and resistance levels (CoinDesk, TradingView)

Markets

Market Wrap: Long-Term Bitcoin Holders Trim Positions as Rally Stalls

Still, blockchain data show bitcoin holder positioning is consistent with the early stage of a bull market, one firm says.

Bitcoin 24-hour price chart (CoinDesk)

Market Wrap | CoinDesk