Category: Market Wrap

Market Wrap: Ether Sets New Highs as Bitcoin Stays Below $49K

February 12, 2021

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Despite choppy price action, news over the past few days has been extraordinarily bullish for the leading cryptocurrency. Bitcoin trading on Coinbase in 2021 (TradingView) Feb 12, 2021 at 9:33 p.m. UTCUpdated Feb 12, 2021 at 9:35 p.m. UTC Market Wrap: Ether Sets New Highs as Bitcoin Stays Below $49K The price of bitcoin struggled […]

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Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight

February 5, 2021

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DeFi and the prospect of trading futures have crypto investors scooping up ETH. CoinDesk 20 Bitcoin Price Index Feb 5, 2021 at 9:39 p.m. UTC Market Wrap: Bitcoin Rises to $38.3K While Ether’s New High Takes Spotlight Bitcoin made some gains Friday, but ether hit another brand-new price high ahead of CME’s ether futures launching […]

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Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B

January 29, 2021

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Crypto spot volumes rose to the second-highest level in over a month. CoinDesk 20 Bitcoin Price Index Jan 29, 2021 at 9:35 p.m. UTC Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B Analysts believe Elon Musk’s shout-out to crypto pushed bitcoin’s price upwards at a time when decentralized exchanges are experiencing record […]

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Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021

January 22, 2021

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There appears to be strong support around $30,000, according to traders. CoinDesk 20 Bitcoin Price Index Jan 22, 2021 at 9:33 p.m. UTC Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021 Crypto markets have reversed course across the board and are flashing green Friday. Bitcoin crossed over $32,000 and ether is […]

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Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH

January 15, 2021

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Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said. CoinDesk 20 Bitcoin Price Index Jan 15, 2021 at 9:52 p.m. UTCUpdated Jan 15, 2021 at 9:55 p.m. UTC Market Wrap: Bitcoin Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH Bitcoin was slipping Friday on lower-than-average volumes […]

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Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021

January 8, 2021

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Jan 8, 2021 at 9:35 p.m. UTCUpdated Jan 9, 2021 at 12:18 a.m. UTC CoinDesk 20 Bitcoin Price Index Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021 Bitcoin hit a fresh all-time high Friday as investors continued to scoop up some of its limited supply. The ether futures […]

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Market Wrap: Bitcoin Closes 2020 Near Record Highs

December 31, 2020

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Dec 31, 2020 at 9:09 p.m. UTCUpdated Jan 1, 2021 at 4:11 p.m. UTC Bitcoin, ether and gold in 2020. Market Wrap: Bitcoin Closes 2020 Near Record Highs The Takeaway: Bitcoin nearly triples its price in 2020 and ends the year close to $29,000 but ether gained 450%. Bitcoin (BTC) trading around $28,963 as of […]

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Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet

December 30, 2020

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Dec 30, 2020 at 9:27 p.m. UTCUpdated Dec 30, 2020 at 9:33 p.m. UTC Bitcoin prices, Dec. 29 – Dec. 30, 2020. Market Wrap: Bitcoin Nears $29K While Ether Options Trader Makes Long-Shot Bet The takeaway: Bitcoin (BTC) trading around $28,775 as of 21:00 UTC (4 p.m. ET). Gaining 7.3% over the previous 24 hours. […]

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Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish

December 29, 2020

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Dec 29, 2020 at 9:26 p.m. UTC Market Wrap: Bitcoin Down to $26K but Traders Remain Bullish Few seem to be bothered by bitcoin’s volatility on Tuesday, as the No. 1 cryptocurrency by market capitalization declined to the $26,000 level after its first-ever trades above $28,000 on Sunday. Many market participants are convinced retail and institutional […]

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Market Wrap: Bitcoin Stays in Tight Range but Gains Dominance as XRP Crumbles

December 24, 2020

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Dec 24, 2020 at 8:10 p.m. UTC Bitcoin will not be calling “checkmate” anytime soon. (Reinhold Silbermann/Pixabay ) Market Wrap: Bitcoin Stays in Tight Range but Gains Dominance as XRP Crumbles The Takeaway Bitcoin (BTC) traded around $23,310 as of 19:00 UTC (2 p.m. ET), slipping 1.3% over the previous 24 hours. Bitcoin’s 24-hour range: […]

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