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Market Wrap: Oil Rebounds As Crypto Makes Gains, Especially Ether
Oil’s bounceback performance seems to be taking the driver’s seat in market activity. Bitcoin is also up, and ether’s price performance is even better.
Market Wrap: Oil in Turmoil, Bitcoin Gains Slightly to $6.9K
While oil futures continue to collapse, bitcoin holds steady, even making gains as the U.S. market closes lower.
Market Wrap: Oil Futures Plunge, Bitcoin Dips and Tether Has a $7B Day
Oil futures went negative today, bitcoin dipped below $7,000 and tether issuances went to $7 billion in today’s market wrap.
Market Wrap: Ether Making Big Gains as Stablecoins Proliferate on Ethereum
The Ethereum network has become the place where stablecoins proliferate. Can ether keep rising in price as a result?
Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot
Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England.
Bitcoin Tracks Stocks Up to $7.4K Before Sliding Back to $7.1K
Bitcoin trended higher along with many traditional markets Tuesday before changing direction and falling as U.S. stock trading closed.
Bitcoin Takes Tumble, Traders Fret Correlation and Next Month's Halving
Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions.
US, European Stocks Up but Crypto Traders Remain Cautious
American and European equity markets extended their gains on Thursday while major cryptocurrencies made only slight moves on the day.
US Stimulus Plan Is Steadying Global Markets While Crypto Takes a Dip
The $2 trillion stimulus deal in the U.S. wasn’t enough to keep many cryptocurrencies from taking a dip Wednesday.
Stocks, Bitcoin Rally on Prospects for US Senate Stimulus Bill
Financial markets rebounded Tuesday after prospects for a stimulus package out of the U.S. Senate improved. Most cryptocurrencies are gaining, too.
