Wednesday, April 23, 2025
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Market Wrap: Bitcoin Fails to Reach $16.5K; Wrapped BTC Hits $2 Billion

Analysts are bullish on bitcoin’s price but the options market is decidedly bearish on the remaining weeks of 2020. Ethereum’s wrapped bitcoin token crosses $2 billion locked.Bitcoin (BTC) trading around $16,240 as of 21:00 UTC (4 p.m. ET). Gaining 0.30% over the previous 24 hours.Bitcoin’s 24-hour range: $15,971-$16,487BTC above its

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Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract

Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.Bitcoin (BTC) trading around $15,694 as of 21:00 UTC (4 p.m. ET). Gaining 2.6% over the previous 24 hours.Bitcoin’s 24-hour range: $15,293-$15,973BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading on Bitstamp since Nov.

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Market Wrap: Bitcoin Flat at $15.3K; Crypto Locked in DeFi at All-Time High

Bitcoin is sideways Tuesday, with little price action. However, traders seem to be jumping into decentralized finance to maximize their crypto yield.Bitcoin (BTC) trading around $15,345 as of 21:00 UTC (4 p.m. ET). Slipping 0.30% over the previous 24 hours.Bitcoin’s 24-hour range: $15,092-$15,471.BTC close to its 10-day and 50-day moving

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Market Wrap: Bitcoin Drops as Low as $14.8K; ETH Options Open Interest at Record High

Bitcoin is gyrating amid rallying global stock markets while ether options traders ramp up open interest as the Ethereum network heads for an ambitious upgrade.Bitcoin (BTC) trading around $15,384 as of 21:00 UTC (4 p.m. ET). Gaining 0.05% over the previous 24 hours.Bitcoin’s 24-hour range: $14,845-$15,842BTC above its 10-day and

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Market Wrap: Bitcoin Jumps to $14.2K; Ethereum Gas Usage Grows 113% YTD

Bitcoin is making gains during the U.S. presidential election uncertainty while Ethereum’s gas data is highlighting a DeFi decline.Bitcoin (BTC) trading around $14,061 as of 21:00 UTC (4 p.m. ET). Gaining 2.2% over the previous 24 hours.Bitcoin’s 24-hour range: $13,545-$14,232BTC above its 10-day and 50-day moving averages, a bullish signal

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Market Wrap: Bitcoin Bounces From $13.2K; Ether on Centralized Exchanges at 2-Year Low

Bitcoin opened the week recovering from a dip while ether balances on centralized exchanges fell.Bitcoin (BTC) trading around $13,673 as of 21:00 UTC (4 p.m. ET). Slipping 1.2% over the previous 24 hours.Bitcoin’s 24-hour range: $13,221-$13,877BTC above its 10-day but below the 50-day moving average, a sideways signal for market

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