XRP, ADA Lead Declines in Major Cryptocurrencies as Bitcoin Drops Below $25K

Losses on major tokens extended to over 7.4% in the past 24 hours, data shows.

• 2023-06-15
• William Hinman Alex Kuptsikevich Ripple Labs XRP market capitalization

Bitcoin Slips Ahead of Fed Decision. Where Prices Could Go Next.

and other cryptocurrencies were declining ahead of the Federal Reserve’s decision on interest rates Wednesday. Digital assets may be particularly vulnerable to comments from the central bank suggesting that more interest-rate increases could lie ahead. The price of has retreated 1.3% over the past 24 hours to about $25,920, slipping below the $26,000 and $27,000 range that has dominated for much of the period since the largest digital asset hit a 10-month high above $30,000 in April.

• 2023-06-14
• Federal Reserve Digital assets Federal Reserve Chairman Alex Kuptsikevich interest rates interest-rate increases

Bitcoin's 50-Day Moving Average in Focus for Crypto Analysts After 11% Price Pullback

A break below the average would call into question the bull market's strength, one analyst said.

• 2023-04-25
• Katie Stockton Alex Kuptsikevich

Bitcoin Is Tumbling. Crypto Traders Are Still Bullish but That Might Only Dent Prices.

Fears over the regulatory backdrop are pressuring cryptos. Skewed positioning in the Bitcoin futures market could fuel further declines.

• 2023-04-21
• regulatory pressures Alex Kuptsikevich Bitcoin futures market crypto enthusiasts

Bitcoin and Other Cryptos Fall. It’s Not All Because of Binance.

MicroStrategy, a company that owns large amounts of Bitcoin, has bought more. That often triggers a price reaction in the short term, analysts say.

• 2023-03-28
• Commodity Futures Trading Commission digital asset crypto exchange Alex Kuptsikevich Bitcoin

Bitcoin Is Falling. Its Early 2023 Rally Could Be Just ‘A Blip in a Bear Market.’

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• 2023-03-09
• Silvergate Capital Alex Kuptsikevich Bitcoin

Bitcoin Is Falling. Traders May Be Eyeing Trouble at Another Crypto Industry Giant.

Silvergate Capital, an influential banker to the crypto industry, is in distress. Its problems could spell headwinds on regulation and market functioning.

• 2023-03-02
• digital asset Bitcoin Silvergate Silvergate Capital Alex Kuptsikevich

Bitcoin Starts March on the Right Foot. History Says It May Not End That Way.

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• 2023-03-01
• Bitcoin Alex Kuptsikevich