Crypto Rebounds From Early Declines Alongside Reversal in U.S. Stocks
The major U.S. stock market averages tumbled about 2% to begin Wednesday following underwhelming economic data.
Market Wrap
Bitcoin Edges Above $95K, U.S. Stocks Remain Strong as Analyst Warns of ‘Blind’ Market
Secretary of Commerce Howard Lutnick announced that the White House was finalizing a trade deal with an unnamed country.
U.S. Consumer Sentiment Craters in First Post-Tariff Read, but Crypto Is Holding Up
Gold soared to a new record high as the selloff in the U.S. dollar and long-term Treasuries continued in force on Friday.
Bitcoin Reclaims $85K Following Fed and Stocks Rose, but One Analyst Suggests Caution
Gold continues to be the star of the cycle, jumping to a new record above $3,050 per ounce.
Crypto Rally Doesn’t Hold After Soft Inflation Data
Bitcoin managed a knee-jerk move above $84,000 after the U.S. CPI report, but returned to roughly flat for the day.
Bitcoin Slips Under $94K as Stocks Try to Shake Last Week’s Jitters
Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.
Real-World Asset Tokens Lead Crypto Rebound as Tokenization Narrative Gathers Steam
Ondo Finance’s native token, MANTRA’s OM and Chintai’s CHEX posted double-digit gains during the crypto rebound, while many altcoins still nursed losses.
Crypto AI Tokens Soar as Bitcoin Awaits Trump Policies Below Record Prices
Bitcoin’s dip to $100,000 was quickly bought up and its outlook still remains “bright,” one analyst said.
Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data
The selloff in stocks and cryptocurrencies could mean Donald Trump’s inauguration will less likely be a sell the news event, K33 Research said.
Bitcoin Slips Below $93K in Crypto Selloff, but Trader Sees Short-Term Bounce
Mining stocks including WULF, BTDR, IREN and HUT dropped over 5%, while BTC holder medical devices firm Semler Scientific plunged 10%.