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Market Wrap: Is Bitcoin Breaking Down or Breaking Free?
8.6.2022
NEED TO UPDATE: Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to some indicators. Meanwhile, some fund managers are hoping for a 10%-20% price jump to recover from last month's losses
Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom
7.6.2022
Bitcoin (BTC) is trading around the $30K price level and appears to be in the mid-to-late stage of a bear market phase, according to some indicators. Meanwhile, some fund managers are hoping for a 10%-20% price jump to recover from last month's losses
Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves
6.6.2022
Bitcoin (BTC) has avoided significant downswings in price over the past two weeks. However, option traders continue to hedge against downside risk
Market Wrap: Altcoins Underperform as Bearish Sentiment Rises
3.6.2022
Crypto price bounces remain short-term despite extreme bearish sentiment, which is typical during a bear market. Bitcoin (BTC) declined off $30K again on Friday, while altcoins underperformed
Market Wrap: Cryptos Mixed Amid Choppy Trading, Bitcoin Activity Slows
2.6.2022
Cryptos were mixed on Thursday, while bitcoin (BTC) traded flat and Internet Computer's ICP token rallied by 20%. Regulatory concerns linger, and blockchain activity is slowing
Market Wrap: Bitcoin Declines, Resisting Seasonal Norm; Altcoins Mixed
1.6.2022
Bitcoin (BTC) declined alongside other cryptos and stocks on Wednesday. Meanwhile, WAVES rallied by as much as 20% over the past 24 hours. The historical odds of positive monthly BTC returns diminish until Q4
Market Wrap: Bitcoin Rises to $32K, Outperforming Altcoins
31.5.2022
Cryptos advanced with bitcoin (BTC) in the lead. Although, Cardano's ADA and Axie Infinity's AXS token rallied on Tuesday. Some analysts are skeptical despite the current short squeeze in crypto
Market Wrap: Bitcoin Stuck Below $30K as Buyers Remain on Sidelines
27.5.2022
Bitcoin (BTC) is on track to end the month in red. The cryptocurrency declined by 3% over the past 24 hours, although some analysts expect brief stabilization
Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform
26.5.2022
Bitcoin (BTC) was roughly flat over the past 24 hours, while altcoins such as ether (ETH) underperformed. That indicates a lower appetite for risk among crypto traders. Meanwhile, stocks traded higher on Thursday
Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility
25.5.2022
Bitcoin (BTC) and other cryptos were mixed on Wednesday. Although, some metaverse tokens such as MANA and SAND outperformed. Analysts expect higher volatility if a breakout or breakdown in BTC occurs
Market Wrap: Cryptos Decline Amid Bearish Sentiment
24.5.2022
Bitcoin (BTC) and other cryptos traded lower on Tuesday. Bearish sentiment remains at extreme levels among crypto traders, and analysts expect a period of lower returns
Market Wrap: Bitcoin Unable to Hold $30K, Altcoins Mixed
23.5.2022
Bitcoin (BTC) tumbled later in the New York trading day, while alts were mixed and Fantom's FTM rallied. Will a peak in the U.S. dollar offer relief for bitcoin?
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
20.5.2022
Risk-off conditions remain intact as volatility returns to stocks and cryptos. Meanwhile, DeFi tokens are lagging behind bitcoin (BTC)
Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms
19.5.2022
Bitcoin (BTC) is declining less than altcoins, indicating a lower appetite for risk among traders. Meanwhile, global officials are calling for more crypto regulations
Market Wrap: Bitcoin and Stocks Dip as Volatility Spikes
18.5.2022
Bitcoin (BTC)dipped below $30K again as volatility ticked higher. Meanwhile, option traders continue to hedge against further price declines
Market Wrap: Cryptos and Stocks Mixed Amid Bearish Sentiment
17.5.2022
Bitcoin (BTC) is stabilizing around $30K while stock market volatility is fading. Altcoins were mixed, although recent underperformance could signal caution among some traders. Indicators show short-term BTC buying, albeit with limited upside
Market Wrap: Cryptos Mixed as Volatility Fades, Traders Expect Weak Recovery
16.5.2022
Bitcoin (BTC) was roughly flat on Monday as several alternative cryptos (altcoins) underperformed. Analysts expect prices to stabilize as volatility fades
Market Wrap: Cryptos Are Higher After a Volatile Week
13.5.2022
Bitcoin (BTC) bounced around $30K on Friday, although some analysts expect a period of low returns. Meanwhile, there has been less interest in stablecoins amid volatility
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility
12.5.2022
Bitcoin (BTC) is experiencing less selling pressure relative to some altcoins, which is a risk-off signal. Analysts expect more volatility because of ongoing stablecoin risks
Market Wrap: Cryptos Extend Losses as LUNA Plunges
11.5.2022
Bitcoin (BTC) and other cryptos declined on Wednesday amid stress in stablecoins. LUNA plunged by 96% and Solana's SOL token saw a 30% dip. Option traders are seeking downside protection