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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.
Bitcoin Down 36% Over the Past 8 Weeks, Where's it Headed to Next?
Josh Olszewicz, head of research at investments manager Valkyrie, discusses the possible forces driving BTC's 36% decline in the past two months and where he sees a positive upside. Plus, insights into Valkyrie's ETFs and the role of institutional investors in the crypto market rout.
Institutional Interest in Crypto Continues Amid Market Sell-Off
GlobalBlock Market Analyst Marcus Sotiriou shares his bitcoin price analysis following the selloff in the crypto markets seen over the past few weeks. Plus, insights on why institutional investors continue to purchase crypto amid macro headwinds like inflation at the collapse of the Terra ecosystem.
Market Wrap: Bitcoin Unable to Hold $30K, Altcoins Mixed
BTC declined by 2% over the past 24 hours, while Fantom's FTM token rallied by as much as 16%.
Bitcoin Holds Support at $27K-30K; Resistance at $35K
A brief relief bounce is likely, similar to what occurred in late February and late March.
Market Wrap: Cryptos Decline Amid Choppy Trading, DeFi Tokens Underperform
Aversion to risk remains as volatility returns to stocks and cryptos.
Bitcoin Drifts Lower, Support at $25K-$27K
BTC is roughly flat over the past week. Technical signals suggest a neutral to bearish outlook.
Market Wrap: Cryptos Pare Earlier Losses, Bitcoin Outperforms
BTC is declining less than altcoins, indicating a lower appetite for risk among traders.
Is Now the Time to Buy the Dip?
Acorns Chief Investment Officer Seth Wunder discusses his outlook on bitcoin's price trajectory as Fed Chair Jerome Powell reiterates half-point interest rate hikes are likely in June and July. Is this a good time to buy or is BTC due for lower lows?
Bitcoin Returns Above $30K, Resistance at $35K
BTC appears oversold, although trading conditions have been choppy over the past few days.
Bitcoin Correlation Continues; Terra Vote Starts Positively
Report: Indian crypto traders may pay tax for using foreign exchanges. Bitcoin, crypto drop as stocks slump in the U.S. Terra revival plan vote goes live, details of South Korean tax investigation revealed. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
