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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 Fails to Break $60K; Short-Term Support Near $56K
BTC will need to break above $60,000 to resume the uptrend.
MicroStrategy Rated 'Buy' by BTIG Partly on View Bitcoin Will Hit $95K by End of 2022
BTIG also praised the firm's core business.
Bitcoin’s Drop in Volatility May Boost Appeal, Make $130K Possible, JPMorgan Says: Report
The U.S. banking giant said the declining volatility of the cryptocurrency could boost its appeal to institutional investors.
Bitcoin Newbies Are HODLing as Prices Rise, Blockchain Data Suggests
The new generation of HODLers were forged during market rallies over the past year, and show no signs of slowing down.
Bitcoin Steady at Resistance; Support Around $57K-$58K
Bitcoin traded in a tight range during Asian hours; resistance around $60K and support around $57K-$58K.
Market Wrap: Bitcoin Pushes $60K as Goldman, BlackRock Moves Signal Adoption
Bitcoin finishes the first quarter double where it started the year, versus a 5.8% gain for the S&P 500. No wonder Goldman's clients want in.
'Bull Flag' Call for $70K Bitcoin Draws Skepticism From Rival Analysts
There's a debate raging among bitcoin technical analysts over whether the "bull flag" chart pattern even has a flagpole.
Bitcoin Stalls Near Resistance; Support Around $54K
BTC stalled just shy of $60K resistance during Asia hours. Support is around $54K.
Market Wrap: Traders Ratchet Up Derivatives Bets as Bitcoin Mounts Rally
Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.
Crypto Traders Lever Up as Bitcoin Creeps Back Toward All-Time High
The recent rise appears to show traders finding a renewed appetite for risk taking following a market shakeout over the past of couple weeks.
