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Market Wrap: Altcoins Outperform as Bitcoin Stabilizes Around $30K
10.5.2022
Bitcoin (BTC) and other cryptos stabilized on Tuesday amid rising correlations with stocks. Altcoins such as MATIC rallied over the past 24 hours, indicating a greater appetite for risk among short-term traders
Market Wrap: Cryptos, Stocks Tumble Amid Extreme Bearish Sentiment
9.5.2022
Bitcoin (BTC) is down by 11% over the past 24 hours while altcoins underperformed. Sentiment indicators are in "extreme fear" zone, similar to what occurred in January. Still, BTC could see further downside before a definitive low
Market Wrap: Crypto Sell-Off Stabilizes Amid Bearish Sentiment
6.5.2022
Bitcoin (BTC) is down by 6% over the past week and appears to be stabilizing after Thursday's sell-off. Traders remain cautious, although some altcoins such as GALA have rallied
Market Wrap: Cryptos and Stocks Fall, Luna Foundation Guard Accumulates Bitcoin
5.5.2022
Bitcoin (BTC) and stocks declined on Thursday. The market's risk-off tone has overwhelmed short-term price jumps, although The Luna Foundation Guard (LFG) continued to buy
Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease
4.5.2022
Bitcoin (BTC) rose by as much as 5% over the past 24 hours, tracking moves in stocks, as the U.S. Federal Reserve eased concerns about slowing economic growth. Wednesday's rate hike was expected by market participants
Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility
3.5.2022
Bitcoin (BTC) is roughly flat over the past week, although option traders have hedged against further price drops. And long-term bitcoin holders are taking profits
Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins
2.5.2022
Stocks and cryptos have experienced choppy trading so far this year, reflecting uncertainty among global investors. Meanwhile, bitcoin (BTC) is starting to outperform some altcoins
Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May
29.4.2022
Bitcoin (BTC) is lagging equities, gold and other commodities so far this year. Still, May tends to be a seasonally strong month for crypto and other speculative assets
Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K
28.4.2022
Bitcoin (BTC) and other cryptos continued to stabilize on Thursday, tracking gains in stocks. Meanwhile, Bitcoin's network activity continues to hold up, for now, although changes in price can influence transaction volumes
Market Wrap: Bitcoin Stabilizes as Bearish Sentiment Pauses
27.4.2022
Bitcoin (BTC) and other cryptos stabilized on Wednesday along with stocks. Some analysts are monitoring risks of a recession, which could weigh on speculative assets. Volume and volatility remain light
Market Wrap: Cryptos and Stocks Fall; Bitcoin Trades Below $40K
26.4.2022
Bitcoin (BTC) and other cryptos declined on Tuesday, tracking losses in stocks. Some analysts are watching for signs of a decisive breakout or breakdown beyond $40K. Meanwhile DOGE pared most of yesterday's rally
Market Wrap: Cryptos Mixed as Global Uncertainty Lingers; Dogecoin Pumps
25.4.2022
Bitcoin (BTC) and other cryptos were mixed on Monday, although dogecoin (DOGE) surged by 14% amid reports that Twitter will accept Elon Musk's takeover offer. Stocks were also mixed, although analysts are watching for signs of stabilization across risk assets
Market Wrap: Cryptos Slip as Bitcoin Struggles to Hold $40K
22.4.2022
Bitcoin (BTC) and other cryptos pulled back on Friday as risk appetite waned. Meanwhile, option traders have been cautious amid declining volatility
Market Wrap: Bitcoin Rise Loses Steam After Fed Comments
21.4.2022
Bitcoin (BTC) pulled back midway through the New York trading day after the Fed signaled higher rates. Price indicators, however, are positive over the short-term as altcoins take the lead
Market Wrap: Bitcoin Fades From $42K, Alts Still Ahead as ApeCoin Pumps
20.4.2022
Bitcoin (BTC) and other cryptos were mixed on Wednesday. Altcoins continue to gain ground as APE rallied by as much as 24%. And DeFi tokens are lagging, although the downtrend appears to be slowing
Market Wrap: Altcoins Outperform as Sentiment Improves; Bitcoin Within 'Value Zone'
19.4.2022
Bitcoin (BTC) and other cryptos rose on Tuesday, indicating a greater appetite for risk among traders. Some analysts suggest bitcoin is entering a value zone, which typically precedes strong breakouts or breakdowns in price
Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify
18.4.2022
Bitcoin (BTC) and other cryptos edged higher along with stocks on Monday. Although, volume remains relatively light and some analysts see limited upside for BTC. Plus, recent hacks and money laundering could trouble policymakers
Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coin Surge
15.4.2022
During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings
Market Wrap: Bitcoin Dips as Macro and Geopolitical Uncertainties Remain
14.4.2022
Bitcoin (BTC) and stocks continue to trade within a range, albeit with large price swings. That indicates uncertainty among investors regarding geopolitical risk. Meanwhile, bitcoin whales are starting to take some profits
Market Wrap: Cryptos Rise as Bitcoin Returns Above $40K
13.4.2022
Bitcoin (BTC) returned above $40K on Wednesday, shaking off some bearish sentiment over the past few days. Altcoins outperformed, although indicators suggests cryptos are not at a cycle low just yet