Stephen Alpher
Stephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
18 articles
U.S. Payroll Growth Slows in June, Bitcoin Market Reacts
U.S. payroll growth significantly declined in June, with only 57,000 jobs added, falling short of the 110,000 expected and down from May's revised 129,000 gain, as reported by CoinDesk. This disappointing data may affect market expectations for Federal Reserve interest rate hikes later in 2026.
4 days ago·CoinDesk·Reported by Stephen Alpher
Bitcoin Dips to $62,500 Amid Broader Market Rally
Bitcoin trades at $62,500, down 1% in 24 hours, as reported by CoinDesk. This decline comes amid rising U.S. stock market futures, with Nasdaq 100 up by 0.9%, while the crude oil price decreases as investors react to geopolitical developments.
4 weeks ago·CoinDesk·Reported by Stephen Alpher
Zcash Faces 40% Drop After Critical Vulnerability Disclosed
Zcash (ZEC) experiences a significant decline of 42% after Shielded Labs revealed a serious bug in its privacy pool, according to CoinDesk. The flaw could potentially enable the creation of counterfeit ZEC tokens, jeopardizing the token’s supply integrity.
last month·CoinDesk·Reported by Stephen Alpher
Bitcoin Drops to $62,400 Amid ETF Outflows, Saylor Comments
Bitcoin experiences a drop to $62,400, down 7% within 24 hours, as reported by CoinDesk. Michael Saylor attributes the price movements to significant outflows from Bitcoin exchange-traded funds (ETFs) and ongoing volatility in capital markets.
last month·CoinDesk·Reported by Stephen Alpher
Bitcoin Drops to $65,300, Re-tests February Low for Third Time
Bitcoin experienced a decline to $65,300, rebounding to around $67,000 later. This marks the third occasion since February where Bitcoin has dropped to the mid-$60,000 range, with implications for potential recovery, according to CoinDesk.
last month·CoinDesk·Reported by Stephen Alpher
Crypto Markets Decline as Bitcoin Faces Continued Pressure
Bitcoin's value drops to $69,000, down 4.5% in 24 hours, following a small sale by Strategy. CoinDesk reports on the implications of this market movement and potential re-testing of previous lows.
last month·CoinDesk·Reported by Stephen Alpher
Strategy Unloads 32 BTC, Impacting Bitcoin Price
Strategy sells 32 bitcoins for $2.5 million, revealing potential future sales, according to CoinDesk. This move occurs amid a general downturn in crypto markets, with Bitcoin dipping below $72,000 and MSTR shares down by over 5%.
last month·CoinDesk·Reported by Stephen Alpher
Bitcoin Declines to $72,500, Threatening Two-Month Winning Streak
Bitcoin has experienced a decline to $72,500, down 0.5% in 24 hours and 5.5% over the past week, according to CoinDesk. This drop puts its two-month winning streak at risk, as it started May at approximately $77,000, necessitating a significant rally to avoid a negative monthly closure.
last month·CoinDesk·Reported by Stephen Alpher
Micron Technology and SK Hynix Join $1 Trillion Club as Bitcoin Struggles
Micron Technology's market valuation soared over $1 trillion, followed by SK Hynix, which also crossed this threshold. Despite the AI boom boosting memory stocks, Bitcoin sees declining sentiment, with its price down 1.5% to $75,800, according to CoinDesk.
last month·CoinDesk·Reported by Stephen Alpher
Bitcoin Lags as Markets React to Iran Peace Agreement
CoinDesk reports on market developments following President Trump's announcement of a potential peace deal in the Middle East, which has positively impacted oil prices and stocks. Bitcoin and other cryptocurrencies remain relatively stagnant as traders focus on AI investments and anticipate major IPOs.
last month·CoinDesk·Reported by Stephen Alpher
Bitcoin Rallies Following Trump's Iran Peace Agreement Announcement
Bitcoin experiences significant gains following President Trump's announcement of a peace agreement with Iran and other nations, according to CoinDesk. This announcement comes after bitcoin had dropped sharply earlier, with prices reaching $76,700 shortly after the news broke.
last month·CoinDesk·Reported by Stephen Alpher·2
Bitcoin Maintains Stability Near $77,000 Amid Economic Concerns
Bitcoin continues to trade in a narrow range around $77,000 as of this morning, according to CoinDesk. Economic indicators show a drop in consumer sentiment and rising inflation expectations, creating a challenging environment for incoming Federal Reserve Chairman Kevin Warsh.
last month·CoinDesk·Reported by Stephen Alpher
U.S. Markets Focus on IPOs as Bitcoin Price Remains Flat
As reported by CoinDesk, U.S. markets see limited attention on crypto, with Bitcoin trading around $77,000. Nvidia's recent earnings report and the anticipated SpaceX IPO dominate discussions, diverting capital from cryptocurrency.
2 months ago·CoinDesk·Reported by Stephen Alpher
Bitcoin Holds Steady Around $77,000 Ahead of Fed Minutes and Nvidia Earnings
Bitcoin continues to trade in a narrow range around $77,000 as U.S. markets open. CoinDesk reports that traders are watching key economic indicators, including forthcoming minutes from the Federal Reserve's last meeting and Nvidia's earnings report.
2 months ago·CoinDesk·Reported by Stephen Alpher
Crypto Markets Flat as Bitcoin Holds Near $77,000 Amid Interest Rate Hikes
Crypto markets exhibit little movement while Bitcoin remains close to $77,000, according to CoinDesk. This comes as stocks experience a decline for the third consecutive session, reflecting ongoing concerns about rising interest rates.
2 months ago·CoinDesk·Reported by Stephen Alpher
Bitcoin Falls Below $77,000 Despite $2 Billion Purchase
Bitcoin has declined below $77,000, erasing all gains made in May, as reported by CoinDesk. This drop follows a significant $2 billion bitcoin purchase last week, which has not improved market sentiment or prices.
2 months ago·CoinDesk·Reported by Stephen Alpher
Bitcoin Holds Steady at $80K Amidst Rising Inflation and Market Volatility
Bitcoin remains stable at approximately $80,500 following disappointing inflation data, according to CoinDesk. The core consumer price index (CPI) rose 0.4% in April, indicating stronger-than-expected inflation and prompting market expectations for potential Federal Reserve rate hikes this year.
2 months ago·CoinDesk·Reported by Stephen Alpher
Key Highlights from Day Two of Consensus Miami 2026
Consensus Miami 2026 continues on May 6, featuring notable speakers including Senator Kirsten Gillibrand and Cardano founder Charles Hoskinson, according to CoinDesk. The event also highlights discussions surrounding cryptocurrency market trends and company strategies, particularly from firms like Hut 8 and MicroStrategy.
2 months ago·CoinDesk·Reported by Stephen Alpher
