Bitcoin was introduced in the year 2008, amidst a Global Financial Crisis as an alternative to Fiat Currency. In the past decade, Bitcoin has witnessed a volatile price ride, from being used for buying two show more
Bitcoin retraces $27K after Tuesday fall to $25K support due to US SEC lawsuit against Binance.
Binance's reserves have fallen by only 10,000 BTC. When zoomed out to a long-term view, the decrease is barely noticeable.
Due to US Crypto regulations scrutiny, Crypto exchanges are moving out of the country causing consolidation of major crypto assets.
The one-day to three-month Bitcoin HODL band has grown by 86%. However, according to experts, the 1-year HODL wave is likely to fade.
In the days preceding the debt agreement, large Bitcoin investors cut their holdings and transferred assets to exchanges.
Crypto speculators leapt on the failure of US regional banks in March as evidence of a distrust of fiat currency, propelling Bitcoin higher, but this proved to be a transitory boost as policymakers stabilized the
Binance didn't respond yet to the situation causing more speculations.
Two big news driving Bitcoin and the market. Firstly the US Ceiling Debt Limit Relief and secondly the China's return to crypto world rumour.
Bitcoin's decline from the local high of $30.9K to the current spot price of $26.4K has sent 2.71M BTC into the red, corresponding to 14% of the circulating supply.
In recent weeks, Bitcoin-based NFT collections have won against Solana and Polygon-based products.
Due to US economic uncertainties and high crypto scrutiny in the US, Bitcoin again succumbed to its critical support.
Bitcoin experienced a downslide as investors got away from the markets leading to the sell-offs which took prices below $27K.
Bitcoin surged after Bitcoin pizza day trended on various social media platforms increasing the positive social sentiment for Bitcoin.
Bitcoin hovers near $26K as market sentiment remains optimistic on Monday.
Laszlo Hanyecz agreed to pay 10,000 Bitcoins on May 22, 2010, which is now recognised as Bitcoin Pizza Day, and that's how it all started! Continue reading to learn more!
Shell's involvement might mark the beginning of a new chapter in the interaction between traditional energy firms and the cryptocurrency industry.
Powell explains how inflation responds to changes in the labour market, emphasising the persistent link between labour market slack and inflation, which is comparable to pre-pandemic tendencies.
Markets remain sideways, with support remaining in place. If support is gone, BTC might drop below $24,000.
Last week, the Bitcoin Blockspace saw a record large infusion of demand as speculators rushed to issue BRC-20 tokens using text inscriptions.
Bitcoin was set to give up $27,000 as support on May 17, with traders bracing for fresh lows.
Bitcoin (BTC) recently fell below its critical support level, but soon recovered to its current price of $27,300.
Various economic and technical factors is responsible for How bitcoin price is determined. Let's explore all the possible factors.
According to a Bloomberg study, the price of bitcoin will reach $35,000 as investors opt to invest in it during the US debt ceiling situation.
Bitcoin is predicted to sustain its current trend and fall aggressively to test the immediate support.
Bitcoin prices dropped to $26,160 just before publication time, the lowest since March 17.
Bitcoin's decline to $25,000 could be triggered if BTC breaks the $26,575 support. Furthermore, investors sentiment shifted from High Cap crypto to memecoins resulting in a volume decline.
Since the beginning of 2023, the price of Bitcoin has been raised by over 70%. However, it has recently shown symptoms of reversal after a decisive rejection from the $30K barrier level.
Bloomberg Strategist Mike McGlone Warns of Bitcoin's Ripple Effect on Risk Assets as Bitcoin's collapse might have a significant impact on the broader market.
Exchange of cryptocurrencies Binance reopened bitcoin withdrawals on Monday after suspending them for the second time in a day due to high traffic.
Despite the recent increase in Bitcoin transaction fees, current BTC transaction costs are still much below all-time highs.
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