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

Bitcoin Has Gifts This Holiday Season

Historical data helps us understand what to expect as crypto markets once again head upwards, says Todd Groth, head of research at CoinDesk Indices.

(Tim Mossholder/Unsplash)

Markets

Bitcoin and the Predictability of Crypto Market Cycles

History shows there's likely a bright year ahead for BTC's price.

(Josue Isai Ramos Figueroa/Unsplash)

Videos

Bitcoin Rallies Past $42K; Cristiano Ronaldo Faces Scrutiny Over Binance Endorsement

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including bitcoin's (BTC) price action as the largest cryptocurrency by market cap rallies to its highest level in more than a year. Plus, a closer look at the places and companies benefitting from bitcoin's latest moves. And, soccer star Cristiano Ronaldo faces a $1 billion class-action lawsuit linked to his commercial relationship with crypto exchange Binance.

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Markets

Grayscale Discount Continues to Narrow as Spot Bitcoin, Ether ETF Euphoria Works Through Markets

Prices on the majors stabilized after a rally at the end of the U.S. trading week, while the crypto winter continues to thaw in every part of the market from bitcoin to ether and DEXs.

Michael Sonnenshein (CoinDesk)

Opinion

CME, Where Institutions Trade Bitcoin Futures, Flipped Binance. Is That as Bullish as It Sounds?

CoinDesk’s Omkar Godbole says rising open interest on the Chicago Mercantile Exchange isn't always the best indicator for bitcoin’s price.

(Danny Nelson/CoinDesk)

Opinion

2 Years Ago, Bitcoin Hit an All-Time High. Is Another Rally on the Way?

We were full of “irrational exuberance” in November 2021.

Is bitcoin heading into another macro-fueled bubble? (Zdeněk Macháček/Unsplash)

Markets

Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap, CryptoQuant Says

Blockchain analytics firm CryptoQuant’s models predict that $155 billion will flow into the bitcoin market cap should the ETFs be approved.

BitcoinETF: What Comes Next?

Videos

Crypto Outlook as Market Braces for Spread of Israeli-Hamas War

Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders suffered over $100 million of losses from liquidations, according to CoinGlass data. First Mover host Lawrence Lewitinn and CoinDesk Chief Content Officer Michael J. Casey discuss their crypto markets outlook.

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Markets

Crypto Market Shows Signs of Stability Ahead of U.S. CPI

While some economists predict a jump in U.S. CPI compared to July, Factset research shows inflation is becoming less of a concern for large companies.

(CoinDesk Indicies)