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Market Wrap: Crypto Sell-Off Pauses as Volatility Fades; Altcoins Outperform
12.4.2022
Bitcoin (BTC) and other cryptos stabilized on Tuesday amid lower volatility. Options traders remain uncertain as demand for puts began to outweigh demand for calls. Stocks were also mixed, while gold traded higher
Market Wrap: Bitcoin Sell-Off Deepens as Correlation With Stocks Rises
11.4.2022
Bitcoin (BTC) and other cryptos extended losses on Monday, tracking the down move in stocks. The correlation between bitcoin and the Nasdaq 100 reached a new high as investors reduce their appetite for risk
Market Wrap: Cryptos Waver as Speculators Lose Interest
8.4.2022
Bitcoin (BTC) and other cryptos were mixed on Friday while stocks traded flat. Open interest in the bitcoin futures market is starting to decline, which suggests uncertainty among traders about future price direction. Meanwhile, NEAR rose by 20% while WAVES declined by 10%
Market Wrap: Cryptos Recover, With Altcoins in the Lead
7.4.2022
Bitcoin (BTC) and other cryptos stabilized on Thursday along with stocks. Altcoins led the way higher, although trader sentiment remains mixed. Also, mining data can be useful to track price peaks and troughs
Market Wrap: Altcoins Underperform as Traders Reduce Risk
6.4.2022
Bitcoin (BTC) and other cryptos traded lower on Wednesday. Altcoins underperformed, indicating a lower appetite for risk among crypto traders. Hawkish Fed minutes contributed to losses as well
Market Wrap: Bitcoin and Stocks Briefly Dip After Fed Comments; DOGE Rallies
5.4.2022
Bitcoin (BTC) traded roughly flat over the past 24 hours, compared with a 17% rally in dogecoin (DOGE), while WAVES dipped. The dispersion in crypto returns suggests some caution among traders amid macroeconomic risk
Market Wrap: Cryptos Pull Back, Traders Eye Opportunities in Ether Versus Bitcoin
4.4.2022
Bitcoin (BTC) and other cryptos traded lower on Monday as bullish sentiment faded. Volatility and trading volume continue to drift indicating low conviction among market participants. WAVES dipped 20%, while some option traders see value in ETH calls versus BTC calls
Introducing Market Wrap, and a New Look for CoinDesk’s Newsletters
4.4.2022
We’re debuting our third daily newsletter – and a new design for the rest
Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform
1.4.2022
Bitcoin (BTC) and other cryptos rose on Friday as bullish sentiment returned. Altcoins such as AAVE and SOL took the lead, indicating a greater appetite for risk among crypto traders. Meanwhile, stocks declined after the strong US jobs report
Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April
31.3.2022
Bitcoin (BTC) and other cryptos declined on Thursday as bullish sentiment began to fade. In March, altcoins outperformed bitcoin, which typically occurs in a rising market. Seasonal data points to higher returns in April and May for both cryptos and stocks
Market Wrap: Crypto Sentiment Improves, Though Risk Remains as Russia Plays Down Peace Talks
30.3.2022
Bitcoin (BTC) traded in a tight range on Wednesday as geopolitical risks weighed on markets. Altcoins, however, continue to outperform BTC, which means traders are still comfortable with risk
Market Wrap: Cryptos Mixed as Volatility Fades; Analysts See Risk of Selling Pressure
29.3.2022
Bitcoin (BTC) and other cryptos are rising after the Luna Foundation Guard purchased $1 billion worth of BTC over the past few days. Some crypto traders are turning bullish, evidenced by the rise in buy volumes across exchanges
Market Wrap: Bitcoin Rallies as Crypto Holders Accumulate
28.3.2022
Bitcoin (BTC) and other cryptos are rising after the Luna Foundation Guard purchased $1 billion worth of BTC over the past few days. Some crypto traders are turning bullish, evidenced by the rise in buy volumes across exchanges
Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather
25.3.2022
Bitcoin (BTC) outperformed altcoins on Friday, suggesting that buyers are taking a breather ahead of the weekend. Analysts expect a brief pullback before another leg higher in crypto prices
Market Wrap: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies
24.3.2022
Bitcoin (BTC) is rising alongside a 6% rally in dogecoin (DOGE). Meme stocks are also outperforming in equity markets, reflecting improved appetite for risk among investors. DeFi tokens are lagging, but could catch up with broader upswings in price
Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts
23.3.2022
Bitcoin (BTC) is trying to establish a higher price range, but upside could be limited toward $51K, according to some analysts. Macro concerns remain, which has kept some traders on the sidelines, especially in the BTC futures market
Market Wrap: Bitcoin in Recovery Mode, Crypto Stocks Outperform
22.3.2022
Bitcoin (BTC) held above $42K, while ether (ETH) reached $3K for the first time in two weeks. Some indicators suggest its too early to confirm "altcoin season," although risk appetite is improving. Meanwhile, BITQ crypto stocks ETF is outperforming BTC
Market Wrap: Bitcoin Pulls Back After Fed Chair's Comments; Volatility Oversold
21.3.2022
Bitcoin (BTC) traded roughly flat on Monday, although the Fed's plan for aggressive rate hikes caused a slight pullback intraday. Volatility sold off in BTC and ETH, but could pick up into next month
Market Wrap: Ether Outperforms, Bitcoin Rises Above $42K
18.3.2022
Ether (ETH) was the standout on Friday, rising as much as 5% versus a 2% gain in BTC. Altcoins have taken the lead, suggesting greater appetite for risk among investors. Still, risks remain, which could keep volatility elevated
Market Wrap: Bitcoin Stabilizes as Altcoins Take the Lead
17.3.2022
Altcoins led the way higher on Thursday, although bitcoin (BTC) was largely flat, suggesting a greater appetite for risk among crypto traders. CAKE rallied 20% and ApeCoin dropped 80% – a reminder of wild swings in crypto markets. Some analysts are optimistic with a $50K BTC price target