Markets

Markets are volatile with everyone rushing to get their hands on the latest, greatest cryptocurrency. Get ahead of the pack with Blockworks premium insights.

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The Mt Gox distributions may cause more downward pressure on bitcoin cash than bitcoin, Galaxy says

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ETH is up more than 23% since Monday, according to data from Coinbase, after speculation that the SEC may be doing an about-face on ETH ETFs circulated

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Ether would be set to re-test its 2021 price high should the regulator unexpectedly approve ETH funds, industry watchers say

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Bitcoin was up around 2% over the past 24 hours at time of publication, according to data from Coinbase, to hit its highest price since late April

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The latest jobs report showed the economy added 175,000 positions in April, finally coming more in line with the pre-pandemic average of 183,000 job gains per month

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The Fed once again opted to not surprise markets on Wednesday, moving to hold interest rates

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Bitcoin and ether lost around 3% and 5% over 24-hours, respectively, erasing Monday’s gains, after the first day of spot ETF trading in Hong Kong left much to be desired

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Cryptocurrencies look like they are closing out a volatile week relatively flat

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Thursday’s GDP report shows economic growth is slowing faster than expected, spurring concerns from economists over stagflation

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The iShares Bitcoin Trust saw zero flows Wednesday, according to Farside Investors, after seeing $15.5 billion enter the fund in its first 71 days

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Following the halving, bitcoin’s hovering around $63,600

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Bitcoin’s price was mostly unchanged following the event that occurs roughly every four years 

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BlackRock’s iShares Bitcoin Trust continues to see daily positive net flows, though its inflow total for a single day hit a new low Wednesday

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Miner stocks have historically underperformed bitcoin before the halving and outperformed the asset after the event, analysts note

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Ether slipped below $3,000 during Wednesday’s trade

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Bitcoin slipped further Tuesday as researchers warn that the next halving event is likely already priced in

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Ore’s price more than tripled as the supply of new tokens paused

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GBTC’s net outflows of $17.5 million on Wednesday mark the fund’s lowest in a single day since it converted to an ETF on Jan. 11

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The US economy added 303,000 jobs in March, almost 100,000 more than economists had predicted

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Bitcoin retook $68,000 Thursday, rallying close to 4% in 24-hours while ether gained 2% to sit around $3,400

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Bitcoin and ether took a sharp turn Tuesday morning while US stocks continued to kick off the second quarter of 2024 in the red

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Solana’s surreal price run continues

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Bitcoin retook $70,000 Monday for the first time in about 10 days while Coinbase, MicroStrategy stocks surge

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The BTC funds by BlackRock and Fidelity have both brought in net inflows during each of their first 50 days trading.

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