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 Struggles Around All-Time High Resistance; Support Within Reach

BTC buyers take profit, but selling should be limited around $61K support.

Hourly BTC chart shows support and resistance levels with RSI.

Markets

Coinbase Direct Listing Gets $100B+ Valuation as Share Price Jumps in Nasdaq Debut

The Coinbase listing is seen as a watershed moment for the cryptocurrency industry.

Coinbase CEO Brian Armstrong. (CNBC, modified by CoinDesk)

Markets

Bitcoin Uptrend Intact as HODLers Seem Less Tempted to Sell

Long-term BTC hodlers are less tempted to sell relative to prior bull markets, according to data from Glassnode.

The term "HODL" is crypto-industry slang for the practice of holding tokens for the long term.

Markets

Bitcoin Pauses After Breakout to All-Time High, Support Around $62K

BTC buyers have taken some profit, but support is nearby.

BTC Hourly Chart

Markets

Bitcoin, Ether Scale New Heights Ahead of Coinbase's Historic Trading Debut

The high marks continue a two-day surge by the two cryptocurrencies in the lead-up to a seminal moment in the history of crypto.

Mountain peak

Markets

Bitcoin Analysts Set Sights on $70K (Even $80K) After All-Time High

Bitcoin is seen rising towards $70K by May according to several analysts interviewed by CoinDesk.

MOSHED-2021-1-28-14-2-34

Markets

Bitcoin Traders Seek Further Upside Exposure, Pushing Futures Premiums Higher

Bitcoin futures traders are becoming more bullish with extreme upside leverage.

MOSHED-2020-11-17-12-4-30

Markets

Bitcoin Breaks to All-Time High, Ending Three Months of Consolidation

Bitcoin made a fresh all-time high after breaking above $60K and ending three months of consolidation. Next resistance around $68K-$70K.

BTC Four-Hour Chart

Markets

Bitcoin Struggles Near $60K; Short-Term Support Around $58K

Bitcoin struggled near $60K again; support is nearby around $58K as buyers take some profit.

BTC Four-Hour Chart