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

Market Wrap: Analysts Expect Higher Bitcoin Trading Volume in October

Unlike with the S&P 500, bitcoin’s correlation with commodities has continued to decline over the past few months, mostly due to the steady rise in oil and gas prices.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Consolidates Above $40K Support, Resistance at $45K

Indicators show a period of consolidation could persist given strong resistance above $45K.

Bitcoin hourly chart (CoinDesk, TradingView)

Markets

Market Wrap: Traders Seek Protection as Crypto and Stocks Dip on US Debt Ceiling Impasse

Bitcoin and other cryptocurrencies were lower on the threat of yet another federal government shutdown.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Declines From Resistance, Approaches $40K Support

The intermediate-term trend is weakening, although support at $40K could stabilize the pullback.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Traders Cautious After China Crypto Ban, DeFi Outperforms

Some traders are piling into DeFi tokens in the wake of the ban.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Above $42K Support, Resistance at $46K-$48K

Buyers could remain active at support level as the sell-off stabilizes.

Bitcoin four-hour price chart (CoinDesk, TradingView)

Markets

Bitcoin Trending Lower on China Crackdown, Support at $36K-$40K

BTC registered a series of lower price highs this month as buyers take profits.

Bitcoin daily price chart (CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Rises Even as Indicator Shows Extreme Bearish Sentiment

Some traders buy on the dip as BTC appears oversold; altcoins outperform.

Bitcoin 24-hour chart (CoinDesk)

Markets

Bitcoin Recovering, Faces Short-Term Resistance Near $46K

Upside appears to be limited as the largest cryptocurrency trades at $43,700.

Bitcoin four-hour price chart (CoinDesk, TradingView)