Market Wrap


Markets

Market Wrap: Bitcoin All-Time High Expected, but Not Before a Pullback

The options market is placing a 20% probability on bitcoin ending the month at a new all-time high above $65,000.

The sun sets behind a row of silhouetted figures pulling on a rope.

Markets

Market Wrap: Bitcoin Ends Week Notching 14% Gain

The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.

SEC Chair Gary Gensler (Evelyn Hockstein-Pool/Getty Images)

Markets

Market Wrap: Analysts Bullish on Bitcoin as Trading Volume Rises

Historically, bitcoin produces positive returns in the fourth quarter, underpinning bullish price estimates.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform

Bitcoin is outperforming on hopes of a U.S. ETF approval.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Bitcoin at $51K as the Bulls Return

Sentiment significantly improved over the past week, signaling a shift away from market panic.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Bitcoin Rises Toward $50K on Hopes for US ETF Approval

Analysts expect that approval to fuel a fourth-quarter crypto rally.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Bitcoin Above $42K; Analysts See Rebound Ahead

Historically, bitcoin has produced positive returns in the fourth quarter.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Analysts Expect Higher Bitcoin Trading Volume in October

Unlike with the S&P 500, bitcoin’s correlation with commodities has continued to decline over the past few months, mostly due to the steady rise in oil and gas prices.

Bitcoin 24-hour chart (CoinDesk)

Markets

Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse

Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.

Bitcoin 24-hour chart (CoinDesk)