Bitcoin Price
Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.
Market Wrap: Bitcoin Tumbles Most in 1 Year as Crypto Cracks Appear
Bitcoin slumped to about $23,000 when the Celsius withdrawal halt combined with a sell-off in traditional markets to sour trader spirits.
Market Wrap: Bitcoin and Stocks Drop; Analysts See Risk of Further Downside
Bitcoin could approach lower support at $25K-$27K with greater price volatility.
Market Wrap: Cryptos Rise With Altcoins in the Lead
BTC was roughly flat over the past 24 hours, compared with a 10% rise in HNT and LINK.
Market Wrap: Is Bitcoin Breaking Down or Breaking Free?
Analysts await the likely outcome of the European Central Bank's monetary-policy meeting on Thursday, which could affect in which direction BTC moves next.
Market Wrap: Bitcoin Close to $30K as Investors Search for a Bottom
BTC is down by 34% so far this year and is approaching the middle or late stage of a bear market, according to some indicators.
Bitcoin Choppy Around $30K, Support at $25K-$27K
Price bounces have been short-lived, indicating a loss of buying strength.
Bitcoin Tumbles Back Below $30K as Bullish Momentum Wanes
Over $200 million in positions have been liquidated following a second sharp drop for bitcoin in seven days.
Market Wrap: Cryptos Climb Amid Lower Volatility; Sentiment Improves
So far, BTC has avoided significant price drops. But option traders are protecting against the downside.
Bitcoin Bounces Above $27K-$30K Support Zone; Resistance at $33K-$35K
BTC's current price range remains intact after several weeks of negative returns.
Market Wrap: Altcoins Underperform as Bearish Sentiment Rises
Analysts expect price bounces to remain short term.