Crypto Miners Soar on OpenAI-CoreWeave Deal; Galaxy Jumps in Nasdaq Debut
Asset prices across markets largely shrugged off surging Inflation expectations, with crypto prices consolidating sideways.
Market Wrap
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.
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.