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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 Near $56K, Struggles With Flat Activity on Exchanges
As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.
Cryptocurrency Fund Flows Decline as Bitcoin Price Trades Sideways
Crypto fund flows are slowing, which could suggest investor uncertainty about BTC's price.
Bitcoin Could Top Out at $150K to $300K in 2022, Says Large BTC Miner
BTC could peak by next June before entering a bear market, according to Chinese crypto miner Jiang Zhuoer.
Bitcoin's Price Volatility Expectations Slip to Lowest in 3 Months
"Falling implied volatility suggests that markets are expecting sideways price action," one analyst said.
Veteran Analyst Peter Brandt Expects Bitcoin to Reach $200K
Based on an analysis of price chart patterns, bitcoin is about halfway through its current bull market, which began around the March 2020 low.
'Wolf of Wall Street' Jordan Belfort Predicts Bitcoin Hitting $100K
Belfort, previously a bitcoin critic, now says he believes the cryptocurrency holds advantages over stocks.
Bitcoin Searches Spike in Turkey as Central Bank Chief Fired, Lira Plummets
Turks might be looking for bitcoin as a potential store of value against further currency weakening or as a hedge against inflation.
Bitcoin Uptrend Slows, Stays at $58K, Battles Resistance Near All-Time High
BTC is moving sideways as its short-term uptrend slows.
Market Wrap: Bitcoin Near $59K as Worries on Bond Yields Increase
Price charts also are sending signals the oldest cryptocurrency might be losing steam.
Bitcoin Maintains Trend Support at $56K, All-Time High Within Reach Around $61K
The month-long uptrend from $43,000 remains intact, although longer-term signals are weakening.
