Bitcoin Rises to $110K as Altcoins Rally; Traders Skeptical of Breakout
Positioning across crypto markets doesn’t suggest a top, but neither does it seem ideal for continued rally.
Market Wrap
Bitcoin Climbs Above $110K, ‘At Crossroads’ for Next Major Move
One analyst characterized bitcoin’s recovery from last week’s decline as a “peaceful rally,” with buyers stepping in to support the uptrend.
Bitcoin Miners Notch Gains as Meta Signs 20-Year AI Deal With Nuclear Plant
The group may also be benefitting from a modest rise in the price of bitcoin on Tuesday.
Bitcoin Slips Below $104K, Cryptos Slide as U.S.-China Tariff Tensions Flare Up
The crypto market wobbled after Trump accused China of violating a tariff truce.
Bitcoin Backs Off Quickly From Record High as Interest Rate Surge Hits Risk Assets
An already under pressure bond market took a further hit following a weak auction of long-term U.S. Treasury debt.
Bitcoin Climbs to $105K; Crypto ETF Issuer Sees 35% Upside
Cryptocurrencies reversed early losses as risk assets shrugged off the Moody’s U.S. debt downgrade.
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.
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.