Confidence is soaring in the Bitcoin market as prices pushed to December highs over the past week. The market peaked at $470 on Friday, an 18.5% increase from the start of the week, before closing the week up over 12%. This week, the market looks poised to build on last week's gains as positive...
After declining nearly 7% early in the week to $350, the market responded strongly with a 15% surge that lifted prices back in the high $390s. With only Scaling Bitcoin to link to the recent rise, this week could be quiet. Many traders may wait for a clear catalyst over the next week before making...
OTC trading volume dropped 28% month-over-month in November, negatively impacted by low trading volume during Thanksgiving week. Stagnant price activity was also a factor. The bitcoin market was relatively quiet following a volatile period in early-November that saw the bitcoin price jump 58% to...
The Bitcoin market has been on an incredible run over the past week, with prices up over 15%. The latest price jump was once again driven by Asia as the market tallied its largest intra-day price move on Thursday while US traders were enjoying the Thanksgiving holiday. The price could pull back...
The price of bitcoin was up just over 1% the past week, touching a high of $344 on Wednesday before settling in the $320-$325 range to close out the week. With the looming Thanksgiving holiday this week in the U.S., traders should anticipate lower volumes and stagnant prices.
Bitcoin prices continued to fall back to Earth last week. The price dropped 16% with buying interest thinner and wider than previous weeks. This may have been a result of an influx of supply hitting the market due to the recent USMS auction. Buyers may continue to sit on the sidelines this week as...
The recent bitcoin bull run reached its apex last week, peaking at a 2015 high of $500 on Wednesday. The bitcoin market cooled off over the second half of the week, experiencing a 25% sell-off that brought the price back under $400 to close the week. Expect a quieter week ahead with prices...
Our OTC desk showed strong growth in October, with trading volume increasing 42% month-over-month. We also saw a 6% jump in the number of institutional clients trading OTC. The presence of active institutional traders is a promising sign for the future of the bitcoin OTC market.
Bitcoin market activity over the past week has been reminiscent of the 2013 bull run. The price of bitcoin was up an astonishing 20%, backed by plenty of positive mainstream momentum. This week, the market will look to trend higher ahead of the final USMS auction which will wrap on Friday.
Fresh off a one-month high, the bitcoin market’s bull run continued with prices rising 8% week-over-week. Traders can look for continued positive price momentum this week boosted by the approaching US Marshals Service bitcoin auction where the final 40,000 bitcoins seized from Silk Road will be...
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