Market Wrap: Bitcoin Remains Around $48.5K Amid Flat Trading Activity
Bitcoin faced choppy markets for most of Tuesday after briefly trading above $50,000 for the first time during early U.S. trading hours. With some remaining…
Bitcoin
‘Long Tech’ Retakes Most-Crowded Trade Crown from Bitcoin: Bank of America Survey
A bullish bet on technology stocks, or “long tech,” has reclaimed the title of most-crowded trade in the financial markets, according to Bank of America’s…
Bitcoin Recovers From Dip to Set New Record High Close to $50K
Bitcoin printed new lifetime highs near $50,000 this morning, having crowded out excess bullish leverage in the derivatives market with a swift price drop on…
Institutions Not Worried About Bitcoin Dropping Below $40K, Options Data Shows
Despite bitcoin’s rapid $3,000 fall from new record highs seen Sunday, institutions seem confident about the cryptocurrency’s long-term prospects. The cryptocurrency dropped to $47,790 earlier…
3 Reasons Why Bitcoin’s Price Just Fell by $3K
Bitcoin saw a significant drop early on Monday, soon after it had looked primed for a convincing move above $50,000. The top cryptocurrency slipped from…
Market Wrap: Bitcoin Hits Record $48.2K as CME Ether Futures at $33M Volume on First Day
Bitcoin and ether surpassed Monday’s price records. In ether’s case, CME’s futures launch has given the asset more credibility than ever before. Bitcoin (BTC) trading…
Market Wrap: The ‘Elon Effect’ Blasts Bitcoin to $44.8K While Ether Moons
Bitcoin’s price is getting closer to Mars thanks to Elon Musk while ether moons to a new record. Investors are pulling BTC out of DeFi,…
Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight
Bitcoin made some gains Friday, but ether hit another brand-new price high ahead of CME’s ether futures launching on Monday. Bitcoin (BTC) trading around $37,751…
Why a Chinese New Year Sell-Off May Not Happen This Year
The lunar Chinese New Year this year is on Feb. 12, right around the corner. But unlike in previous years, some analysts and traders say…
Market Wrap: Bitcoin Drops to $36.3K as DeFi Jumps to $32B on Ether FOMO
Bitcoin has had an up-and-down day and ether has performed similarly. But decentralized finance hit a new milestone. Bitcoin (BTC) trading around $37,616 as of…