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 Winning Streak Now at 7 Days as Fresh Stimulus Keeps Inflation Bet Alive

Some analysts predict this rally could push bitcoin past $60,000 for the first time.

Bitcoin's price is pushing back toward the all-time-high above $58,000 reached last month.

Markets

ECB Speeds €1.85T Stimulus Program as Lagarde Frets Over 'Premature Tightening'

The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.

ECB President Christine Lagarde.

Markets

Ether Uptrend Is Weakening, Could Test Lower Support: Technical Analysis

Ether is facing resistance from all-time-highs and could see lower support, initially around $1,561.

Ether prices have softened recently after a powerful bull run over the past year.

Markets

JPMorgan's New Crypto Bond 'Not for the Faint of Heart,' Former Star Analyst Hintz Says

Brad Hintz, a former star Sanford Bernstein analyst, Morgan Stanley treasurer and Lehman Brothers CFO, explains the risks in the fine print.

NYU Adjunct Professor Brad Hintz, a retired star Sanford Bernstein analyst, former Morgan Stanley treasurer and Lehman Brothers CFO, says there are lot of risks in JPMorgan's new "structured note" focused on cryptocurrency-related stocks.

Markets

Bitcoin on the Balance Sheet? Corporate Buying Might Become a Global Trend

According to Arcane, the new corporate buyers appear intent on keeping the cryptocurrencies for the long term "and see further upside potential in bitcoin."

Corporate treasurers outside of the U.S. are now dabbling in bitcoin.

Markets

Will Bitcoin Crash? Not Below $48K, Blockchain Data Suggests

Blockchain data might give traders comfort that prices aren't likely to revisit the end-of-2020 level anytime soon.

CoinDesk Bitcoin Price Index

Markets

US Inflation Rate Accelerates in February, Could Go Higher as Economy Reheats

The 12-month rate represents an acceleration from January's 1.4% clip, a pickup partly driven by higher gasoline price.

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Markets

Ether Trailing Bitcoin Since CME Futures Launch: Technical Analysis

Did the CME's ether futures launch coincide with a market top, relative to bitcoin? It sure looks like it based on the chart pattern.

CME Group Headquarters (CoinDesk Archives)

Markets

Inflation Rate, Closely Tracked by Bitcoin Traders, Probably Accelerated in February

The CPI for February probably rose 1.7%, accelerating from the January pace of 1.4%, based on economists' projections.

MOSHED-2021-2-10-9-25-3

Markets

Market Wrap: Bitcoin Gains for Fifth Day, the Longest Streak This Year

Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.

CoinDesk Bitcoin Price Index