Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low
Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.
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Apr 9, 2021 at 8:23 p.m. UTC
Apr 9, 2021
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Market Wrap: Bitcoin Drops to Near $56K as Spot Trading Volume Remains Low
The oldest cryptocurrency is looking at a price support level around $54,000, with resistance around $60,000.
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Apr 7, 2021 at 8:28 p.m. UTC
Apr 7, 2021
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Market Wrap: Bitcoin Futures Premium Rises Again Despite Bitcoin’s Relatively Flat Performance
Bitcoin traders are increasing their bullish bets in futures markets – and taking more risk.
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Apr 6, 2021 at 8:32 p.m. UTC
Apr 6, 2021
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Market Wrap: Bitcoin Steady Near $59K; Gains in Altcoins Push Crypto Market Cap to $2T
As altcoins rise, bitcoin’s market dominance is down to around 57% from near 73% at the beginning of the year.
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Apr 5, 2021 at 8:23 p.m. UTC
Apr 5, 2021
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Market Wrap: Bitcoin Stuck Below $60K; Cardano’s Sixfold 1Q Gains Led CoinDesk 20
$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.
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Apr 1, 2021 at 8:32 p.m. UTC
Apr 1, 2021
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Market Wrap: Bitcoin, Ether Gain After Visa Deal as Stocks Struggle With Archegos Margin Call
The quick recovery to near $58,000 demonstrates stronger confidence from investors in the oldest and largest cryptocurrency.
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Mar 29, 2021 at 8:22 p.m. UTC
Mar 29, 2021
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Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend
After two days of sell-offs, bitcoin bulls finally returned.
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Mar 26, 2021 at 8:32 p.m. UTC
Mar 26, 2021
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Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry
“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.
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Mar 25, 2021 at 8:31 p.m. UTC
Mar 25, 2021
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Market Wrap: 'Elon Candle' Effect Fades Quickly as Bitcoin Retreats Below $55K
Tesla got the market excited briefly, but bitcoin is still in consolidation mode.
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Mar 24, 2021 at 8:25 p.m. UTC
Mar 24, 2021
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Market Wrap: Bitcoin Ranges Around $55K While Altcoin Theta Saw Price Spike
“The market is not as confident anymore,” say Arcane Research. “More traders are positioned short.”
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Mar 23, 2021 at 8:46 p.m. UTC
Mar 23, 2021