Bitcoin Pulls Back Sharply After Touching $70K
In what has been a familiar pattern over the past months, a rally to a key number was met with a wave selling.
Market Wrap
BTC Outperforms Broader Crypto Market, Ether Price Drop Mirrors Bitcoin ETF Launch
AAVE is surging following a token buyback proposal.
Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana’s SOL and Ripple’s XRP were notable outperformers.
Bitcoin Slips to Near $65K as Mt. Gox Creditors Receive Assets on Kraken
The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.
Bitcoin Tops $67K as Cryptos Rally Amid Global IT Outage; Solana’s SOL Leads Altcoins
Friday’s crypto rally defied past days’ correlation with U.S equities, which continued their losing streak.
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped.
Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound
A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.
Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally
The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.
Bitcoin Rebounds Toward $60K, but Choppiness Likely to Persist: Analysts
The market will have to absorb between $4-$6 billion worth of bitcoin selling pressure throughout the summer months, weighing on prices, K33 Research said.
DeFi Tokens Plunge 10%-20%, Led by Pendle Amid Weak Crypto Price Action This Week
Pendle has recently lost $3 billion of its TVL with the June expiry as a result of diminishing airdrop farming hype and lower yields amid muted crypto activity.