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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: 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.
Bitcoin Upside Stalls Near Resistance; Support at $33K-$34K
The month-long consolidation and declining volume suggest a volatile price move could occur as traders await confirmation of a decisive breakout.
Market Wrap: Bitcoin Consolidates Amid China Crackdown
China’s announcement preceded choppy price moves around $34,000, which left traders with little sense of direction.
Bitcoin Rangebound at Support; Resistance at $36K
Minor support is seen at $33,000, which is near the 100-day moving average on the four-hour chart.
Bitcoin Holds Support; Faces Resistance at $36K
Bitcoin is maintaining a series of higher lows from the June 22 shakeout around $29,000.
Bitcoin Supply Held by 'Whale Entities' Hits Two-Month High in Bullish Sign
Blockchain data shows wealthy investors are coming back to the bitcoin market.
Market Wrap: Bitcoin Rangebound Into the Weekend, Lags Crypto Stocks
The cryptocurrency is expected to hold support above $30,000.
