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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.
Market Wrap Year-End Review: Bitcoin Starts Off in a Frenzy
In this first episode of Market Wrap’s review of crypto markets in 2021, we recall the powerful rally that ushered in the new year. Retail traders piled in, even as some institutional investors sounded warnings about rampant speculation.
Bitcoin Limited to $50K-$55K Resistance as Momentum Slows
Short-term buying could be limited given negative momentum on the weekly chart.
Market Wrap: Bitcoin Options Lean Bearish as Some Altcoins Outperform
BTC is slightly lower over the past week compared with a 5% rise in Solana’s SOL token and a 38% rise in Avalanche’s AVAX.
Market Wrap: Altcoins Outperform as Ether Rises Toward $4K
Bitcoin was down about 2%, while ether was roughly flat over the past 24 hours compared with a 4% rise in SOL and a 7% rise in LUNA.
Bitcoin Oversold Near $46K Support; Resistance at $55K
The cryptocurrency could see a brief price bounce, although sellers remain in control.
Market Wrap: Bitcoin Bounces After Fed Decision; Analysts Expect Sideways Trading
Bitcoin is up about 3% over the past 24 hours, compared to a 4% rise in ether and a 14% rise in Solana’s SOL token.
Bitcoin Rises Toward $50K; Resistance Seen Around $52K
Momentum is also stabilizing after several weeks of low trading volume.
Market Wrap: Cryptocurrencies Stabilize as Traders Await the Fed
Analysts are cautious about crypto prices as risk appetite wanes.
Bitcoin Holds Short-Term Support at $46K; Resistance at $50K
The tight price range could persist into the Asia trading day.
Market Wrap: Altcoins Underperform as Bitcoin Dips Below $48K
Bullish sentiment continues to fade ahead of tomorrow’s U.S. Federal Reserve meeting.
