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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 Falls to $48K as Fed's Powell Makes No New Promises; Ether Drops
Bitcoin prices quadrupled last year and have rallied 66% this year on speculation the cryptocurrency could serve as an inflation hedge.
Bitcoin Falls 4% as Fed's Powell Sees 'Concern' Over Rising Bond Yields
Federal Reserve Chair Jerome Powell disappointed some traders by offering few signs that the central bank might expand monetary stimulus.
Grayscale Discount Might Signal Start of Fresh Bitcoin Rally, Bloomberg's McGlone Says
Far from a signal of distress, a negative level on the "Grayscale premium" might signal a market reset for a fresh bitcoin rally.
Galaxy Digital, CoinShares Back Bitcoin Mining Intermediary Startup
Compass raised $1.7 million from a cadre of cryptocurrency businesses and investors.
Bitcoin Retakes $50K, a Key Level for a Bull Revival
If bitcoin can stay above $50,000, it would mark an end to the recent pullback, an analyst said.
Institutions Are Making Bullish Bets on Bitcoin Rallying to $75K by May - Or Even Higher
Institutions are loading up on bull call spreads in anticipation of a continued bitcoin price rally.
Cardano's ADA Token Tripled in February to Outperform CoinDesk 20
Traders are betting on the "smart-contract" blockchain, which aims to compete with market leader Ethereum, even though it doesn't yet have smart-contract functionality.
Bitcoin Tumbles to $43K, Lowest in Three Weeks
Some analysts worry that rising bond yields might prompt the Federal Reserve to tighten historically loose monetary policy, prompting a correction in assets perceived as risky.
Bitcoin Is Trading at a 46% Premium on Luno Nigeria After Central Bank Ban
The premium rose after the Central Bank of Nigeria reminded banks they could not provide crypto exchanges with financial services.
Market Wrap: Bitcoin's Below $50K as Investors ‘Wait and See’ Amid Market Reset
Bitcoin's bulls are taking over the market again.
