Bitcoin, Ether Start August on a Shaky Note as Dollar Index Tops 100; Yen Hits 4-Month Low Ahead of Nonfarm Payrolls

Major cryptocurrencies experienced two-way price action early Friday, as the dollar remained bid against major fiat currencies following President Donald Trump's announcement of new tariffs. Bitcoin (BTC) fell to $114,290, nearly testing the bullish trendline drawn off April and June lows, but has since recovered to trade near $115,900, according to CoinDesk data. Ether (ETH), … Read more

CoinDesk 20 Performance Update: Bitcoin and Ethereum Trade Flat as Index Declines

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3924.15, down 1.1% (-42.13) since 4 p.m. ET on Tuesday. One of 20 assets are trading higher. Leaders: BTC (+0.0%) and ETH (-0.1%).Laggards: AVAX (-3.7%) and FIL (-3.5%). The … Read more

CoinDesk 20 Performance Update: Stellar (XLM) Gains 2.1% as Index Inches Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4023.35, up 0.5% (+19.79) since 4 p.m. ET on Monday. Eleven of 20 assets are trading higher. Leaders: XLM (+2.1%) and HBAR (+1.8%).Laggards: AVAX (-3.1%) and SUI (-2.8%). The … Read more

CoinDesk 20 Performance Update: Solana (SOL) Drops 4.2%, Leading Index Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3943.11, down 2.0% (-80.67) since 4 p.m. ET on Thursday. Five of 20 assets are trading higher. Leaders: BCH (+7.2%) and HBAR (+3.6%).Laggards: SOL (-4.2%) and XRP (-3.7%). The … Read more

CoinDesk 20 Performance Update: Aptos (APT) Declines 5.3% as Index Trades Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3950.66, down 0.3% (-13.48) since 4 p.m. ET on Wednesday. Six of 20 assets are trading higher. Leaders: BCH (+1.8%) and ETH (+1.1%).Laggards: APT (-5.3%) and DOT (-3.9%). The … Read more

Bitcoin Volatility Index and the S&P 500 VIX Boast Record 90-Day Correlation

New statistical evidence has emerged, suggesting that bitcoin's (BTC) market dynamics are now intricately linked to the ebb and flow on Wall Street. Recently, the 90-day correlation coefficient between bitcoin's 30-day implied volatility indices – Volmex's BVIV and Deribit's DVOL – and the S&P 500 VIX hit a record high of 0.88, according to data … Read more

CoinDesk 20 Performance Update: Ripple (XRP) Drops 5.2%, Leading Index Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4054.25, down 2.3% (-94.67) since 4 p.m. ET on Tuesday. One of 20 assets are trading higher. Leaders: BCH (+0.3%) and ETH (-0.8%).Laggards: XRP (-5.2%) and ADA (-5.1%). The … Read more

SEC Approves, Immediately Pauses Bitwise's Bid to Convert BITW Crypto Index Fund to ETF

The Securities and Exchange Commission approved — then abruptly paused — Bitwise’s plan to convert its Bitwise 10 Crypto Index Fund (BITW) into a spot exchange-traded fund (ETF) on Tuesday, raising fresh uncertainty around the agency’s standards for crypto ETFs. The fund holds 90% of its weight in bitcoin (BTC) and ether (ETH), with the … Read more

BTCS Joins Russell Microcap Index Amid Ether Treasury Trend Lifting Crypto Stocks

Nasdaq-listed Blockchain Technology Consensus Solutions (BTCS) is joining the Russell Microcap Index, giving the Ethereum-focused firm greater exposure among investors who track the benchmark for smaller U.S. companies. The Maryland-based firm announced earlier this month a $100 million funding plan to acquire more ETH for its balance sheet. The firm says it runs blockchain operations … Read more

Chainlink (LINK) gains 4.5% as Index Trades Higher

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3701.0, up 2.7% (+97.31) since 4 p.m. ET on Tuesday. Nineteen of 20 assets are trading higher. Leaders: LINK (+4.5%) and HBAR (+4.4%). Laggards: ICP (-0.4%) and SUI (+0.6%). … Read more