Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil

In the ever-curiouser markets of 2020, bitcoin is only slightly more volatile than the S&P 500 and nowhere close to the bumpy ride oil has been on.In early trading at 00:00 UTC, the world’s oldest cryptocurrency was in $8,800 territory [...]

2020-05-05T20:46:41+00:00May 5th, 2020|Bitcoin|

Market Wrap: Bitcoin Dips to $8.8K but Optimism Seen Continuing Ahead of Halving

Bitcoin’s trading volume was lower on Monday compared to the latter part of last week but traders appear to be staying optimistic ahead of the expected bitcoin halving next week. Bitcoin (BTC) was trading down less than 1 percent over 24 [...]

2020-05-04T20:18:43+00:00May 4th, 2020|Bitcoin|

Market Wrap: There’s a Bright Side to Bitcoin’s Drop on Worsening Unemployment

Bad U.S. jobless data pulled markets lower Thursday, affecting even bitcoin. But there may be a silver lining for the cryptocurrency.At press time, the world’s largest cryptocurrency was up just 1% over 24 hours at $8,864, with 10-day and 50-day technical [...]

2020-04-30T20:44:32+00:00April 30th, 2020|Bitcoin|

Market Wrap: Oil Rebounds As Crypto Makes Gains, Especially Ether

The oil markets rebounded somewhat from the stunning, historic lows that started the week. Prices for a barrel of West Texas Intermediate (WTI) have remained generally above $10 Wednesday, with trading up 9 percent as of 20:30 UTC (4:30 p.m. EDT). [...]

2020-04-22T20:50:19+00:00April 22nd, 2020|Bitcoin|
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