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.


Markets

Bitcoin Faces Resistance at $33K; Support at $22K-$25K

Volatility could rise, especially if another price breakdown occurs.

Bitcoin weekly chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Videos

Bitcoin Struggling Around $29K; Expect Volatility Ahead?

BTC temporarily lost, then recovered above, the $29,000 support level Thursday, and some analysts say the asset could become more volatile. Still, BTC dominance over altcoins is at a seven-month high. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

CoinDesk placeholder image

Markets

Market Wrap: Cryptos Down, Stocks Up; Altcoins Underperform

BTC was roughly flat over the past 24 hours, compared with a 6% decline in ETH and a 2% rise in the S&P 500.

Crypto briefly decouples from stocks (cdd20/Unsplash)

Markets

Bitcoin Pares Earlier Losses; Resistance at $33K

BTC remains in a choppy trading range with limited upside.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Metaverse Tokens Rise; Crypto Analysts Expect More Volatility

BTC was roughly flat over the past 24 hours while SAND rose by as much as 7%.

Volatility ahead (Matt Hardy/Unsplash)

Markets

Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K

BTC has shown no signs of life, but a volatile price move is likely.

Bitcoin four-hour price chart (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Cryptos Decline Amid Bearish Sentiment

The bitcoin Fear & Greed Index reached its second-lowest record fear level in history. Analysts expect a period of lower returns.

Investors grapple with market risk. (Mostafa Meraji, Unsplash)

Videos

Bitcoin Records Eighth Week of Losses

For the first time in history, bitcoin (BTC) delivered its eighth straight week of losses for investors amid weak macroeconomic sentiment, inflation concerns, systemic risk from within the crypto industry, and the lack of immediate catalysts that could drive upside growth. Plus, breaking down price predictions from Scott Minerd of Guggenheim Partners.

CoinDesk placeholder image

Videos

Levels to Watch for Market Bottoms

ANB Investments Founder and Managing Partner Jaime Baeza discusses his outlook for bitcoin and indicators for market tops/bottoms amid times of high volatility. Plus, his take on the Central African Republic's plans to develop a crypto hub, tips for surviving the crypto bear market, and more.

Recent Videos

Markets

Bitcoin Range-Bound; Support at $27K, Resistance at $33K

Technical indicators are neutral, and upside appears limited from here.

Bitcoin daily price chart shows support/resistance, with RSI on bottom. (Damanick Dantes/CoinDesk, TradingView)