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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 $58K on Fed Pledge to Keep Loose Policy
Bitcoin's price has doubled this year, partly because of demand from institutional investors who are looking for an asset that might hold its worth if the dollar’s purchasing power declines.
Bitcoin Pares Losses as Fed’s Powell Sees No Rate Hike Anytime Soon
Federal Reserve Chair Jerome Powell assures markets that monetary policy will stay loose "as long as it takes."
Bitcoin Drops 3% Ahead of Fed Meeting, Despite Bullish Chart Pattern
Bitcoin is falling, as caution ahead of the FOMC rate decision overshadows bullish chart pattern.
Bitcoin Stalls at $57K Resistance, Lower Support Around $53K
“Short-term momentum remains positive, but far less so than in February,” writes one analyst.
Market Wrap: Bitcoin Stuck Near $56K, Ether Faces Short-Term Sell Pressure
Prices settled in the mid-$50,000 range for the most of Tuesday.
Bitcoin Could Hit $115K by August, Pantera's Morehead Writes
Bitcoin could be set for a price rally north of $100,000 this summer under Pantera's model.
Long-Term Bitcoin HODLers Still Accumulating, Suggests Conviction
The active supply of bitcoin held for shorter periods of time keeps shrinking, according to Arcane Research.
Bitcoin Holds Short-Term Support at $54K, Resistance Seen at $58K: Technical Analysis
Bitcoin is oversold and at trend support on intraday charts, but still faces heavy resistance around $58,000.
Bitcoin Eyes Bull Revival as Dip Below $54K Wipes Out Millions More in Leverage
Bitcoin wiped out more excess bullish leverage with a drop below $54,000 early today, and is now looking north.
Cryptocurrency Fund Flows On Track for Record Quarter
Digital asset investment products closed on Friday with a record $55.8 billion assets under management.
