Bitcoin price

Crypto Price Today: Bitcoin (BTC) has once again captured the attention of investors Crypto Price Today: In the volatile world of cryptocurrency markets, Bitcoin (BTC) has once again captured the attention of investors and enthusiasts alike as its price soared to nearly $57,500, accompanied by a market capitalization surpassing the $1.1 trillion mark. With a staggering 135% surge over the past year, Bitcoin’s recent rally has sparked optimism among prominent investors and analysts who foresee the potential for…

Bitcoin has recently experienced a notable high, followed by a swift correction, sparking discussions among traders and analysts. With a peak at $53,019 on February 20, 2024, Bitcoin’s journey took a downturn to $50,000 on some exchanges before stabilizing above $52,100. This rollercoaster movement is attributed to the consistent inflow into spot BTC ETFs and the anticipation surrounding the upcoming supply halving event. The crypto community is bullish, as revealed by Bitcoin’s ability to maintain levels…

Crypto prices are stuck in a narrow range as Bitcoin price remains stagnant. Prominent crypto assets like Ethereum (ETH) and Solana (SOL) are also exhibiting a similar price action. The biggest cryptocurrency by all metrics, Bitcoin, has failed to break above $43,500 resistance despite repeated attempts in the last few days. Consequently, bulls are getting exhausted, suggesting that the bears may have another chance to aim for more downside. The prolonged sideways price action has also caused a decrease in…

The digital currency market has turned into a sea of green as Bitcoin price continues to ascend. The bullish price action of the pioneering crypto asset is also propelling altcoins like Chainlink (LINK), Immutable X (IMX), and Pyth Network (PYTH). All of these coins have posted double-digit gains in the last 24 hours, with PYTH leading the pack with a 29% surge among the top 100 coins. Internet Computer (ICP) and Mina Protocol (MINA) are also experiencing strong buying pressure, contributing to a surge of…

Crypto giants: Bitcoin whales bolster holdings with an immense US$3 billion surge in 2024 As we enter 2024, Bitcoin has already navigated a whirlwind of events. From the SEC’s green light for spot Bitcoin ETFs to a market underperformance, encompassing a price dip and Grayscale BTC Trust selloffs, the cryptocurrency Positive sentiment may permeate the broader Bitcoin investing market if this trend persists sentiment among the largest cryptocurrency’s whales. Whale Dynamics: A Strategic US$3 Billion…

Bitcoin, the largest cryptocurrency by market capitalization, is down on Jan.22, falling 2% in the last 24 hours to hit $40,960. BTC/USD daily chart. Source: TradingView Let’s look at the reasons why BTC is likely to recover in the short term. Shark and Whale Accumulation A look at on-chain data reveals that BTC’s ongoing correction may come to an end once the large holders begin stacking up more. According to market intelligence firm Santiment, the percentage of Bitcoin supply being held by sharks and…

Bitcoin price forecast 2024: Exploring future BTC value and its influencing factors In January 2024, the cryptocurrency market witnessed a momentous event as Bitcoin price surged past US$45,000, marking a significant milestone not seen in two years. This remarkable price increase was attributed to a short squeeze, resulting in the liquidation of over US$133 million within a 24-hour period, as reported by Coinglass. Investors and enthusiasts alike were eager to understand the driving forces behind this sudden…

The price of Bitcoin nosedived to around $42,000, plunging almost 10 per cent, after the spot Bitcoin exchange-traded funds (ETFs) started trading in the US.Bitcoin reached a high of $46,000 last week and surged to a two-year high of $49,000 last week, when bitcoin ETFs began trading in the US.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM LucknowIIML Executive Programme in FinTech, Banking &…

Bitcoin fraud: Cryptocurrency market is at best a volatile arena and at worst, often, it a fraudsters' paradise that stretches well beyond the segment itself and spans the wider web where fraudsters deploy ingenious methodologies to entrap and fleece users of their money via online scams. Having said that, Bitcoin itself has been doing rather well in recent months, having hit rock bottom and then climbing back up. Bloomberg reports that Bitcoin price rose 3% to break above $45,000 on January 2 and that was the for the…

Bitcoin struggled to rebound from a precipitous drop which sent the largest cryptocurrency falling as much as 9.22% earlier in the week.The token was little changed on Thursday morning London time, trading at around $43,056 and marking a partial recovery from Wednesday's low, but still 6.2% away from the year's high.  Bitcoin had rallied to a 21-month high on Jan.2, ahead of ahead of an upcoming Jan. 10 deadline, that could see the US Securities and Exchange Commission approve the first exchange-traded fund tied directly…