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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.
'Mad Money' Host Jim Cramer Says He's Sold Most of His Bitcoin Following China Crackdown
The CNBC broadcaster sees more downside.
Market Wrap: Bitcoin Drops Ahead of Looming ‘Death Cross’
Bitcoin’s "death cross" could increase selling pressure into the weekend.
Bitcoin Bounce Falls Short at Resistance, Support at $30K-$34K
BTC buyers struggled near $40K resistance this week. Upside appears to be limited.
Market Wrap: Bitcoin Struggles Below $40K as Traders Digest Fed Statement
Bitcoin is under pressure as Fed taper concerns linger, although some expect crypto to remain resilient.
Bitcoin Holds Short-Term Support; Faces Resistance at $41K
Upside momentum has been weak, which means the corrective phase from May is not yet complete.
Market Wrap: Bitcoin Declines as Fed Projects Interest Rate Rise in 2023
The U.S. central bank also increased estimates of coming inflation to 3% from the 2.2% projection in March, largely due to transitory factors.
Bitcoin Upside Fades, Lower Support at $34K
BTC faces slowing momentum as buyers struggle at resistance.
Bitcoin Enters Wait-and-See Phase Ahead of Fed Statement
Wednesday's Fed policy statement is likely to see a binary market reaction.
Bitcoin Stalls at Resistance; Lower Support at $36K
However, the short-term trend is improving as the daily chart advances from oversold levels.
Market Wrap: Bitcoin Sustains 'Musk Jump' as Crypto Sentiment Improves
Bitcoin tests $40K following positive comments from Tesla's CEO Elon Musk and hedge fund manager Paul Tudor Jones.
