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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 Nudges Up as Regulatory Risks Linger
Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.
Bitcoin Holds $30K Support After Volatile Shakeout; Resistance at $36K
BTC is up 9% over the past 24 hours.
Market Wrap: Bitcoin Back Above $30K in Volatile Trading Session
Bitcoin’s near 50% decline from all-time highs surprised analysts as China’s crackdown fueled bearish sentiment.
Bitcoin Finds Support at $30K; Faces Resistance at $36K
BTC is down about 22% over the past seven days.
'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.
