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Simon Peters

Market Analyst at eToro
Contributor's Links: eToro
An experienced Senior Account Manager within financial investment sales. Able to handle high pressure situations and develop and maintain strong relationships with clients and other professionals throughout the industry. Very strong understanding of the financial markets; both fundamental and ...more
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Bitcoin Continues To Buoy Market As Momentum Builds
Monday, October 30, 2023 6:42 AM EDT
Bitcoin’s momentum continued over the last seven days, with the asset currently trading at around $34,200, a gain of more than 10% in a week.
In this article: BITCOMP, ETH-X
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Bitcoin Surges On The Back Of Expected ETF Approval
Monday, October 23, 2023 5:29 AM EDT
All eyes will be on the BEA as they release the latest figures, indicating the health of the U.S. economy. At this moment in time bad news is good news for crypto - when data is showing the economy contracting or performing mildly, bitcoin rallies.
In this article: BITCOMP, ETH-X Also: MS
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Bitcoin Surges After Grayscale Ruling
Monday, October 16, 2023 7:00 AM EDT
Bitcoin saw a significant spike over the weekend and this morning after it was confirmed regulators in the US wouldn’t be pursuing an appeal against Grayscale’s Bitcoin ETF application.
In this article: BITCOMP
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Bitcoin Drags Lower As Activity Flattens
Monday, September 25, 2023 5:02 AM EDT
Bitcoin has fallen week-on-week after further activity slumps. It began last week above $26,000 and saw early week volatility as investors took stock of macroeconomic data. 
In this article: GOOG, BITCOMP
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Bitcoin Shows Modest Gains As Markets Await Rate Decisions
Monday, September 18, 2023 4:44 AM EDT
Bitcoin showed signs of modest gains last week as it rose around 3.25% over the course of seven days. It began last week around $25,400 and saw a dip to sub $24,800 levels before rallying over the rest of the week. It is now trading around $26,350.
In this article: V, BITCOMP, SONY
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Crypto Market Doldrums Persist
Monday, September 11, 2023 6:30 AM EDT
Despite the first week of September arriving, the crypto market is still in the doldrums lacking signs of direction.
In this article: BITCOMP
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Bitcoin Price Spike A False Dawn
Monday, September 4, 2023 6:00 AM EDT
Bitcoin saw its price spike above $27,600 last week, but the rally was short-lived as fears over the timing of spot ETF approvals snuck back into the market. 
In this article: BITCOMP
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Bitcoin’s Summer Struggles Persist
Tuesday, August 29, 2023 6:00 AM EDT
Bitcoin struggled again last week despite a brief rally early in the week and has traded mostly flat over seven days.
In this article: BITCOMP
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Bitcoin Suffers Worst Week Of 2023
Monday, August 21, 2023 7:37 AM EDT
Bitcoin plunged last week as a confluence of factors sent nerves through the cryptoasset market.
In this article: BITCOMP
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Bitcoin’s Lowkey Rally
Monday, August 14, 2023 7:30 AM EDT
Bitcoin staged a lowkey rally last week after weeks in the doldrums.
In this article: BITCOMP
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Major Cryptos Drift Lower As Market Lacks Summer Spark
Monday, August 7, 2023 6:30 AM EDT
Top cryptoassets continued to slip lower last week as the market lacked a spark to give life to what has been a largely weak summer of performance, despite positive moves back in June.
In this article: BITCOMP
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Bitcoin Cooling Continues
Monday, July 31, 2023 6:11 AM EDT
The bitcoin market continued to cool last week as the price retreated more than 2%. The price has recovered a small amount but is largely treading water to now trade around $29,000 this morning. 
In this article: BITCOMP, DOGE-X
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Bitcoin On A Slow Retreat
Monday, July 24, 2023 4:39 AM EDT
Bitcoin is beating a slow retreat at the moment as the price continues to trend down from recent highs. The cryptoasset began last week just shy of $30,000 and despite a brief upsurge on Thursday, has trended lower to now trade below $29,500.
In this article: BITCOMP Also: TSLA, XRP-X
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Bitcoin Rallies Then Recedes
Monday, July 17, 2023 7:45 AM EDT
Bitcoin rallied late last week to touch above $31,000 but couldn’t hold the level for more than a day as the market continues to tread carefully.
In this article: BITCOMP
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Crypto Retreats On Cloudy Macro Outlook
Monday, July 10, 2023 6:15 AM EDT
The cryptoasset market largely went into retreat last week as a clouded macro outlook took hold of sentiment that had, until recently, been moving solidly in the opposite direction.
In this article: BITCOMP, SHIB-X
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Bitcoin Hovers Around $30,000
Monday, July 3, 2023 7:40 AM EDT
Bitcoin has hovered around $30,000 in the past week as investors watch for more news from spot ETF filings in the US.
In this article: BITCOMP
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