Jocelyn Yang

Recent

Bitcoin price chart showing the price drop on Monday. (CoinDesk)

Markets

Bitcoin Sinks Below $27K After CFTC Files Suit Against Binance

BTC dropped to its lowest level since March 17 after the agency sued the crypto exchange for alleged regulatory violations. The Binance coin (BNB) price declined by 5%.

By Jocelyn Yang

Mar 27, 2023 at 8:10 p.m. UTC

Mar 27, 2023

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Markets

Bitcoin

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

By Jocelyn Yang

Mar 24, 2023 at 9:21 p.m. UTC

Mar 24, 2023

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Bitcoin

Bitcoin Holds Steady Above $28K, Ether Rises in Post-Rate Hike Rally

Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August.

By Jocelyn Yang

Mar 23, 2023 at 8:31 p.m. UTC

Mar 23, 2023

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Bitcoin

Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation

The central bank confirmed most expectations with its decision to raise the interest rate by 25 basis points. Other major cryptos were largely in the red.

By Jocelyn Yang

Mar 22, 2023 at 8:12 p.m. UTC

Mar 22, 2023

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Bitcoin

Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound

The FOMC will announce its next interest rate decision on Wednesday with markets betting squarely on a 25 basis point rate increase.

By Jocelyn Yang

Mar 21, 2023 at 9:43 p.m. UTC

Mar 21, 2023

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Bitcoin

Bitcoin Holds Steady Above $24.5K as European Banking Crisis Eases

BTC has remained in a range between $24,200 and $25,200 over the past 24 hours. Investors are hoping the Federal Reserve relaxes its recent monetary hawkishness.

By Jocelyn Yang

Mar 16, 2023 at 7:58 p.m. UTC

Mar 16, 2023

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Bitcoin

Bitcoin Slides Below $24.5K as European Banking Woes Spook Investors

BTC dropped as low as $23,946 Wednesday midday before pulling back above the $24,000 mark.

By Jocelyn Yang

Mar 15, 2023 at 9:51 p.m. UTC

Mar 15, 2023

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Stablecoin

Circle USDC Rebounds From Depegging, but Stablecoin Observers See an Uncertain Future

Nearly 4 billion USDC has been removed from the circulating supply since Friday with more USDC being burned than minted, data shows.

By Jocelyn Yang

Mar 15, 2023 at 12:40 a.m. UTC

Mar 15, 2023

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Markets

Bitcoin

Bitcoin Gains Early, Fades Late to Trade Below $25K

BTC had surged to a 9-month high above $26,500 after the latest inflation data before retreating.

By Jocelyn Yang

Mar 14, 2023 at 11:55 p.m. UTC

Mar 14, 2023

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Markets

Analysis

Bitcoin Surges as Bank Client Rescue Eases Contagion Fears, Fuels Hopes for Fed Dovishness; Binance's $1B Conversion Helps, Too

Investment banking giant Goldman Sachs analysts have predicted the U.S. central bank will not raise interest rates at its next FOMC meeting on March 22, according to a report.

By Jocelyn Yang James Rubin

Mar 13, 2023 at 11:03 p.m. UTC

Mar 13, 2023

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