Market Wrap


Markets

Market Wrap: Bitcoin Gains for Fifth Day, the Longest Streak This Year

Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Trades Well Above $50K, While Ether Outperforms on NFTs, July's Upgrade

Bitcoin's price climbed for a fourth straight day, even as 10-year bond yields continued their march toward 1.6%.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Stuck Below $50K, and Blockchain Data May Show Why

Investors are speculating how a faster-than-expected economic rebound might benefit bitcoin.

CoinDesk's Bitcoin Price Index

Markets

Market Wrap: Bitcoin Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops

Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.

Bitcoin's price over the past day.

Markets

Market Wrap: Bitcoin Reclaims $50K as Bulls Eye Uptrend Revival

A gain this month would mark the sixth straight monthly increase for bitcoin, the first time that’s happened in seven years.

coindesk1

Markets

Market Wrap: Bitcoin Continues Choppy in High $40Ks Amid Market Indecision

Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.

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Markets

Market Wrap: Bitcoin Faces Long Odds in Bid for Sixth Straight Monthly Gain

Bitcoin started March nicely but whether it can match its previous winning streak is yet to be seen.

Bitcoin Price Index at CoinDesk 20

Markets

Market Wrap: Bitcoin Heads for Worst Week Since March as Prices Hold Around $46.5K

“Cash is king in times of distress, not bitcoin,” said one market watcher.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Stabilizes Around $49K After Two Extremely Volatile Trading Days

There are signs some of the excessive leverage had been wrung out of the market, implying the potential for a fresh more to the upside, analysts said.

CoinDesk' Bitcoin Price Index