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Bitcoin Plunges to $65K, Altcoins Bleed 10%-20% as Week Turns Ugly

Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass data shows.

By Krisztian Sandor

Jun 14, 2024 at 5:15 p.m. UTC

Jun 14, 2024

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Markets

Bitcoin

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

By Stephen Alpher Krisztian Sandor

Jun 13, 2024 at 4:07 p.m. UTC

Jun 13, 2024

BitcoinEtherMarket Wrap

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Bitcoin Pullback to $66K Triggers $250M in Crypto Liquidations as Traders Brace for 'Wild Wednesday' of FOMC, CPI Report

Tomorrow's Fed "dot plot" of interest rate projection and forward guidance by Chairman Powell will be key for what's next for the digital asset market, K33 Research said.

By Krisztian Sandor

Jun 11, 2024 at 5:11 p.m. UTC

Jun 11, 2024

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Bitcoin Falls Back After Attempt at $72K, but Fed, U.S. Data and Global Rate Cuts May Bring New All-Time Highs

Upcoming consumer price index and labor market data releases in the next few days could be key for what's next for bitcoin's price.

By Krisztian Sandor

Jun 6, 2024 at 8:43 p.m. UTC

Jun 6, 2024

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Uniswap (UNI) price on June 4 (CoinDesk)

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Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K

Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.

By Krisztian Sandor

Jun 4, 2024 at 8:48 p.m. UTC

Jun 4, 2024

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Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending

Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a rep...

By Krisztian Sandor

Jun 3, 2024 at 9:26 p.m. UTC

Jun 3, 2024

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Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Trigger $350M Liquidations

U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade.

By Krisztian Sandor

May 23, 2024 at 10:29 p.m. UTC

May 23, 2024

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Markets

Bitcoin

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

By Krisztian Sandor

May 23, 2024 at 2:36 p.m. UTC

May 23, 2024

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Markets

Bitcoin Hits $66K as Soft Inflation Data Sparks Crypto Rally

Sluggish U.S. retail sales and softer inflation reports have opened the way for the next leg up in the crypto rally, Swissblock said.

By Krisztian Sandor

May 15, 2024 at 8:11 p.m. UTC

May 15, 2024

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Markets

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Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.

By Krisztian Sandor

May 6, 2024 at 8:39 p.m. UTC

May 6, 2024

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