Markets

16:9 Market decline (Mediamodifier/Pixabay)
Bitcoin Sinks Below $58K, Crypto Market Drops 9% in Run-Up to Fed Decision
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
16:9 Market decline (Mediamodifier/Pixabay)

BTC's first monthly loss since August. (TradingView/CoinDesk)
Bitcoin Set to Become More Dominant Even as BTC Stares at First Monthly Loss Since August
Bitcoin's dominance rate has risen past key level, signaling further upside, according to Fairlead Strategies.
BTC's first monthly loss since August. (TradingView/CoinDesk)

Bitcoin price on April 29 (CoinDesk)
Bitcoin Wavers Around $63K, Awaiting Hong Kong Spot Crypto ETF Debut
Despite muted anticipation for the new products, an executive of one of the issuers reportedly expects that the first-day issuance of the Hong Kong offerings will exceed the U...
Bitcoin price on April 29 (CoinDesk)

Japan (Su San Lee/Unsplash)
Bitcoin Trades At Slight Premium in Yen Terms Amid Suspected BOJ Intervention
The Japanese yen swung wildly on Monday, recovering 500 pips from over three-decade lows on suspected BOJ intervention.
Japan (Su San Lee/Unsplash)

Down Arrow spray painted on a brick wall (Shutterstock)
Chart Veteran Who Predicted Bitcoin’s 2018 Collapse Says the Bull Market May Be Over
Brandt's latest view is based on a statistics concept called "exponential decay."
Down Arrow spray painted on a brick wall (Shutterstock)

Bitcoin price on April 26 (CoinDesk)
Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says
The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle...
Bitcoin price on April 26 (CoinDesk)

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton for CoinDesk)
The Key to Reviving Bitcoin Bull Run is the U.S. Treasury’s Refunding Announcement
Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.
U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton for CoinDesk)

(Kevin Ku/Unsplash)
Stablecoins, U.S. Government Debt More Important Than Bitcoin ETF Inflows, Crypto Analysts Says
Potential de-inversion of the U.S. Treasury yield curve could weigh over the crypto market, one observer said.
(Kevin Ku/Unsplash)

Dollar. (engin akyurt/Unsplash)
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
Some banks, however, foresee a continued dollar strength on the back of divergent interest rate expectations and the threat of U.S. tariffs.
Dollar. (engin akyurt/Unsplash)

Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Mt. Gox Creditor Kolin Burges confronts Former Mt. Gox CEO Mark Karpeles (CoinDesk)