Choppy Bitcoin Price Action Continues Ahead of Friday’s Jobs Report
Flows into the new spot ETFs have been subdued for a couple of weeks, possibly prompting a renewed interest in macro drivers for price direction.
Market Wrap
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.
Bitcoin Slips to $65K Amid Stronger Dollar, But Analyst Says the ‘Pullback Is Over’
Bitcoin needs to reclaim the $69,000 level to reignite its uptrend, one trader noted.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market risk of a more hawkish stance.
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday’s FOMC meeting, one market observer said.
Bitcoin’s Wild Four Hours: New Record of $73K, Tumble to $69K, Rebound to $71K, $360M in Liquidations
Momentum behind bitcoin’s rally has waned so expect a period of consolidation, Matrixport analysts noted.
Bitcoin Tops $67K, Nearing Silver’s $1.38T Market Cap
Bitcoin’s price targets $70,000 in the short term and could reach a new all-time high as soon as this week, analysts said.
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
The cryptocurrency has more room to run, analysts say.
Bitcoin Tops $54K, and May Run Towards $58K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.