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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
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