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“Bitcoin has started a new bull market.” The next key price level to keep an eye on.
Text size Bitcoin has gained over 30% in weeks amid a broader rally in risk assets. Time to dream bitcoin and other cryptocurrencies were suspended on Monday after digital assets soared to their highest levels since August over the weekend. When cryptocurrency prices returned to pre-FTX catastrophic levels, some traders are calling it a new […] More
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Bitcoin falls after a big rally. It can get ugly.
Text size Bitcoin prices look vulnerable to losses after the momentum from the recent rally faltered. Time to dream bitcoin and other cryptocurrencies fell on Thursday, falling along with the stock market as investors worry about the prospect of a recession. The big digital asset rally last week, which had little fundamental support, will now […] More
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Gold awakening could make investors sleep less soundly
Text size The price of gold has risen for 10 of the last 12 weeks and is now 6.1% below its all-time high. David Grey/Bloomberg Golden dreams? Hardly. The precious metal has woken up over the past three months, stealthily outperforming stocks from their mid-October lows. This has not happened in the half century since […] More
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Bitcoin is falling again after a big crypto rally. It can get ugly.
Text size Bitcoin prices look vulnerable to losses after the momentum from the recent rally faltered. Time to dream bitcoin and other cryptocurrencies fell on Thursday, falling along with the stock market as investors worry about the prospect of a recession. The big digital asset rally last week, which had little fundamental support, will now […] More
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Coinbase shares are rising. This could be a haven in the wild crypto market.
Text size BTIG analyst Mark Palmer reiterated his “buy” recommendation for Coinbase shares. Time to dream Coinbase Global stocks continued their winning streak on Tuesday, rising along with the price of bitcoin and amid strong support from analysts. Coinbase (Ticker: COIN) 2023 is already off to a rocky start. The company said last week that […] More