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.


Videos

Where's the Price for Bitcoin Headed After Transactions Down From November Peak?

Three days after recording the longest losing streak since 2018, bitcoin is rising from oversold levels and trading above the $40,000 support level. Prime Trust's Rodrigo Vicuna discusses his take on bitcoin's price volatility and trading activity. Plus, reactions to Fed Chair Jerome Powell's comments at his confirmation hearing on whether rate hikes and tapering could affect long-term positive sentiment.

Recent Videos

Markets

Market Wrap: Bitcoin and Equities Stabilize as Sentiment Improves

Buyers are starting to return, at least over the short term.

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Markets

Bitcoin Rises From Oversold Levels, Faces Resistance Near $45K

Short-term buyers could remain active into the Asia trading day.

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

Videos

Bitcoin Briefly Dips Below $40K as ‘Death Cross’ Looms in Price Charts

Bitcoin dipped briefly below $40,000 Monday for the first time since September. Daily charts show a death cross, a bearish indicator that appears when the 50-day moving average (MA) dips below the 200-day MA. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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Markets

Market Wrap: Traders Brace for Higher Volatility; Altcoins Underperform

Crypto prices are stabilizing, although some traders remain cautious.

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Markets

Bitcoin Stabilizes Above $40K Support; Resistance Near $45K

Buyers could respond to short-term oversold signals, although upside appears limited.

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Crypto Traders Reduce Leverage, Selling Pressure Subsides

Analysts expect cryptocurrencies to stabilize given signs of healthier market conditions.

Traders on the floor at the New York Stock Exchange, New York City, USA, 2nd June 1981. (Photo by Barbara Alper/Getty Images)

Markets

Bitcoin Oversold Within Downtrend; Resistance at $45K

Upside is limited as long-term technical indicators turned negative.

Bitcoin weekly price chart shows support/resistance levels (Damanick Dantes/CoinDesk, TradingView)

Markets

Bitcoin Slips to 3-Month Low, Analysts Divided on Impact of Fed’s Tightening

The fears of the Fed’s tightening leading to a prolonged bear market in stocks and digital assets might be overblown, one observer said.

Bitcoin slips to three-month low (CoinDesk, Highcharts.com)

Videos

Why Short-Term Sentiment Is Driving the Bitcoin Price

What is driving the bitcoin price? Head of Market Insights at Genesis Global Trading Noelle Acheson joins “All About Bitcoin” to explain the narratives in the markets. Bitcoin is behaving like a risk asset. “That is no longer a surprise by part of the story,” she says.

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