Market

Chart studies reveal that BTC’s price rally appears overstretched and could be primed for a classic “bull market pullback.”

The fourth largest crypto could potentially reach its 2021 record high of $260 in the coming days given its relative strength through crypto’s eight-month long consolidation phase, one analyst noted.

Cardano’s ADA, Polygon’s POL advanced 15% as the broad-market CoinDesk 20 Index outperformed BTC.

Bitcoin (BTC) just hit a new all-time high, but Ethereum’s ether (ETH) is the bigger winner.

Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar’s value and pushing investors towards alternative investments.

Analysts expect a broad market rally and changes in SEC leadership. Trump’s crypto policies include a bitcoin strategic reserve, banning a central bank digital currency and freeing Ross Ulbricht.

The $3.6 billion contract closed Wednesday morning as the Associated Press, Fox and NBC declared the election for Republican candidate Donald Trump.

While sell-the-fact price slide looks unlikely, traders still need to watch out for the other side of the Trump trade – hardening bond yields and rising dollar index, says CoinDesk analyst Omkar Godbole.

The latest price moves in crypto markets in context for Nov. 6, 2024.

Tuesday night’s election returns were a shocker if you only watched CNN. But not if you’d looked at the betting all along.