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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: Sentiment Away From Risk Sends Bitcoin Toward $30K
Bitcoin is at risk of breaking its $30K support level.
Bitcoin Trending Lower With Possible Break of $30K Support
If $30,000 is broken, the next level of support is seen around $27,000.
Market Wrap: Bitcoin Holds Above $30K but Price Chart Looks 'Ugly'
Also, Circle might be an attractive "starter stock for the cautious" when it goes public, according to one analyst.
COVID-19 Stimulus Checks Fueled 'Modest' Jump in Bitcoin Price Last Year: Cleveland Fed
Policymakers should not be concerned, the researchers wrote: Only 0.02% of coronavirus-relief checks ended up in bitcoin.
Market Wrap: Bitcoin Slides Toward $30K, Looks ‘Fragile’
Federal Reserve Chairman Jerome Powell testified before the U.S. Senate, about inflation and the possible rollout of a digital dollar.
Market Wrap: Bitcoin Sells Off as Regulatory Concerns Resurface
“We expect volatility to remain under pressure until mid [to] late August,” said one trading firm.
Bitcoin Sell-Off Could Stabilize Around $30K Support
Sellers are in control after bitcoin broke below a series of higher price lows from the June 22 shakeout around $29,000.
Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
