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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.
Bitcoin Holds Support Around $53K; Resistance Zone Within Reach
For now, the high-volume sell-off on April 17 suggests capitulation as buyers were quick to defend the price low just above $51,000.
Latest Bitcoin Crash Shows ‘Buy the Dip’ Mentality Among Big Investors, NYDIG Says
NYDIG's analyst also noted significant BTC spot price discounts on Binance compared to Coinbase.
Bitcoin Stabilizes After Weekend Sell-Off; Resistance Around $59K
BTC’s April 13 breakout above $60,000 and subsequent all-time high failed.
Bitcoin Recedes From All-Time High; Approaching Support
BTC is roughly 7% lower from its all-time high, similar to the April 1 pullback.
Bitcoin Struggles Around All-Time High Resistance; Support Within Reach
BTC buyers take profit, but selling should be limited around $61K support.
$623M in Bitcoin From 2016 Bitfinex Hack Moved Under Cover of COIN Hype
But the impact on the market may be little.
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.
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.
Bitcoin Pauses After Breakout to All-Time High, Support Around $62K
BTC buyers have taken some profit, but support is nearby.
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.
