This piece first appeared in First Mover, the daily briefing from CoinDesk that deciphers the latest ripples within crypto markets. Get it delivered straight to your mailbox every day by subscribing. Market Snapshot CoinDesk 20 Index: 1,968, climbing by +2.8% Bitcoin (BTC): $61,253, a 3.0% uptick, currently valued at $111,495.39 per BTC Ether (ETH): $2,638,…
Hovering near resistance at around $2,450, Ether (ETH) traded steadily at $2,400, marking a modest 0.5% uptick on the day. Meanwhile, Dogecoin (DOGE) edged up 0.6% to hover near 16 cents at $0.2076. Solana (SOL) slipped slightly by 0.2%, retreating to $145, while Cardano (ADA) dipped almost 1.3% to 58 cents after briefly flirting with…
Markets are evenly divided over the Federal Reserve’s next rate cut, assigning roughly a 50% probability to either a 25 or 50 basis points reduction this Wednesday. Bitcoin retreats from the $60,000 mark as the Fed’s uncertain policy direction weighs on investor sentiment. In an unusual twist, the upcoming week finds financial markets caught in…
In a rollercoaster ride, Bitcoin blasted beyond $89,000 before retreating to around $87,000, triggering futures liquidations surpassing $600 million on both bullish and bearish bets. This wild price gyration marked the most intense turbulence since BTC briefly touched above $73,000 earlier this year. Altcoins such as DOGE, SOL, and APT suffered hefty futures wipeouts, with…
Last week wrapped up with buzzwords like “decoupling” and “safe haven” thrown around, as bitcoin (BTC) hovered around $111,324.27, seemingly standing resilient amid the relentless sell-off in equities triggered by President Trump’s aggressive tariff moves against U.S. trade allies. Yet, it looks like the bitcoin optimists might’ve jumped the gun. Weekend Woes: Cryptos Bear the…