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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 Jumps Above $41K, Rising With Nasdaq, S&P
The largest cryptocurrency whipsaws around the $40,000 level as markets digest elevated U.S. inflation readings.
Bitcoin Stabilizes at $40K Support, Resistance at $43K-$47K
Selling pressure could fade over the next few days.
Bitcoin Falls Below $40K for First Time Since Mid-March
Nydig, a bitcoin-focused asset manager, cites fears of rising inflation and a tighter Fed policy as reasons for the drop.
Bitcoin Approaches Support Zone at $37K-$40K
BTC is not yet oversold and is roughly two days away from a pause in selling pressure.
Bitcoin Stalls Below $48K Resistance; Support at $40K-$43K
The current pullback appears to be temporary ahead of seasonal strength.
Bitcoin Stabilizes at $43K Support; Resistance at $45K-$48K
Range-bound price action could persist for a few days.
Bitcoin Range-Bound; Support at $43K-$45K
Buyers could remain active on pullbacks into the Asia trading day.
Bitcoin Weighed Down by $48K Resistance; Support at $43K
Short-term momentum turned negative, which typically occurs during the first week of the month.
