Markets


Markets

Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses

The relief bounce in stocks and cryptos could be short-lived as recession risks linger.

Sell-off stabilizes (Shutterstock)

Markets

Bitcoin Recovers to $39K as Stocks Rebound

The largest cryptocurrency's correlation with tech stocks has strengthened.

As of press time the largest cryptocurrency was up 1.8% in the past 24 hours, trading at $38,989.

Markets

Bitcoin Bounces From $37K Support; Resistance at $40K-$43K

BTC remains in a tight trading range with a loss of upside momentum.

Bitcoin four-hour chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

LUNA Supply Drops to All-Time Low – But Don’t Call It Deflationary

To keep up with the demand for Terra’s UST stablecoin, LUNA tokens are burned to maintain the $1 peg. All things being equal, less supply could help to support the price.

(Unsplash, modified by CoinDesk)

Finance

First Mover Americas: When $1M Bitcoin?

The latest moves in crypto markets in context for April 27, 2022.

(Thibault Renard/Getty Images)

Markets

Bitcoin's Derivative Data Suggests Potential for 'Short Squeeze'

A minor increase in price could send short sellers scrambling to close their bets.

Bitcoin may see a short squeeze higher. (Pixabay, PhotoMosh)

Markets

Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M

Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.

(Pixabay, modified by CoinDesk)

Tech

Cardano Network Developers Increase Block Size by 10%

The upgrade did little to buffer ADA prices in a falling market.

(Bloomberg/Getty images)

Markets

Crypto Market's Direction During a Recession Might Depend on Nasdaq

Analysts say as the broader stock market goes, so goes bitcoin when recession hits.

Business fund investor planning for investment in crisis recession coronavirus , Covid-19 after stockmarket crash using cryptocurrency,bitcoin, for invest use digital tablet and mobile online trading

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