Bitcoin BTC$97,014.68 saw no bounce Friday, holding at session lows below $95,000 late in the U.S. day after a bruising week that dragged prices to their lowest since May. The largest cryptocurrency is again underperforming U.S. stocks, with major U.S. indices holding onto minor gains a few minutes prior to the end of trading. BTC […]
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Bitcoin hovered around $101,000 as the Friday trading day began in […]
Dogecoin bounced sharply in early Sunday trade, recovering from Saturday’s slide to reclaim the $0.26 handle. The move higher came after a mid-session flushout drove price to $0.248 on heavy volume, clearing weak longs before buyers stepped in. DOGE is now consolidating just above $0.26 with traders eyeing the $0.30–$0.33 zone as the next resistance […]
Bitcoin (BTC) is poised to hit a new record high, with investment flows now the dominant market driver, according to Standard Chartered (STAN). U.S. spot bitcoin exchange-traded funds (ETFs) have seen $5.3 billion in inflows over the past three weeks, the investment bank said in emailed comments Thursday. Adjusting for hedge fund basis trades, net […]
Bitcoin (BTC) bears looked to penetrate key support Sunday, extending a three-day losing streak as macroeconomic concerns overshadowed President Donald Trump’s recent-crypto-related announcements. The leading cryptocurrency by market value slipped over 3% to $83,200, testing the 200-day simple moving average (SMA), according to CoinDesk and TradingView data. Prices have dropped over 10% since putting highs […]