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Market Wrap

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What happened today in crypto markets – and why.

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Recent

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Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price
Bitcoin investors are back in positive territory, although trading ranges have narrowed.
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Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average
Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.
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Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede
The Crypto Greed & Fear Index climbed to 30, its highest point since April.
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CoinDesk - Unknown
Market Wrap: Bitcoin Sees Best Day in Over a Month
BTC climbed to $22,753, its highest level since mid-June.
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CoinDesk - Unknown
Market Wrap: Bitcoin Erases Weekly Losses, but Skepticism Remains
BTC climbed for a third consecutive day, breaking above $21,000, despite lingering doubts.
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Market Wrap: Bitcoin Surges as Fed Governor Talks Down 100 Basis Point Rate Hike
U.S. Federal Reserve Governor Christopher Waller said he supports hiking interest rates by 75 basis points in July, alleviating some fears of a 100 basis-point raise.
CoinDesk - Unknown
CoinDesk - Unknown
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
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CoinDesk - Unknown
Market Wrap: Bitcoin Slumps Below $20K as Long-Term Holders Face Massive Selling Pressure
Also, some analysts believe bitcoin’s recent dips show the price level is not as critical anymore.
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CoinDesk - Unknown
Market Wrap: Bitcoin Retraces Gains as Investors Await Inflation Announcement
BTC declined for the fourth consecutive day, erasing Friday’s push above $22,000.
CoinDesk - Unknown