Bitcoin is trading around $61,500 during the Wednesday Asian morning hours after dropping as low as $60,300 late Tuesday.
With Bitcoin currently trading at $64,400, down 2% in the last 24 hours, many experts remain optimistic about its future performance.
The surge in Bitcoin above the critical $65,000 level has fueled a major inflow into U.S. spot Bitcoin ETFs.
Bitcoin has been mischaracterized as a "risk-on" asset, according to Robbie Mitchnick, BlackRock's head of digital assets.
According to a leading market analyst who suggests that Bitcoin may follow historical patterns tied to its halving cycles.
The price of Bitcoin experienced significant turbulence on Friday, with Arthur Hayes seizing the opportunity to short the cryptocurrency.
The halving event has left many bitcoin miners scrambling to adjust to reduced revenues, while some are shining bright.
According to Morgan Stanley, blue-chip investors are falling behind when it comes to purchasing Bitcoin and other cryptocurrencies.
Bitcoin Pizza Day is now formally added to the official calendar of the Brazilian city of Porto Alegre, which will be celebrated on May 22.
The bleak market scenario has not been able to discourage long-term Bitcoin holders, who today hold more than 75% of all available BTC.
The value of assets like ETH and BTC may rise in the face of inflation and excessive government spending, according to him.
Recently, renowned BTC proponent and BitMEX co-founder Arthur Hayes referred to Bitcoin as the “cure” for yield curve control (YCC), the method used by governments to deploy quantitative easing to restrain rising bond yields. Hayes made his remarks in response to the Bank of England’s (BOE) most recent decision to temporarily acquire long-term UK government […]
Bitcoin Price Prediction Breakdown Bitcoin price prediction shows signs of bullishness. BTC/USD rallied towards $59,000 overnight. Market prepares to rise in the next 24-hours. According to our Bitcoin price prediction today, BTC/USD price is strongly bullish. As we anticipate another higher to be established above $59800, near the daily high. As a result, BTC/USD could […]
Following the enormous drop of over 6%, a snowball effect drives the price of Bitcoin through important support levels after today’s price crash. Bitcoin (BTC) plummeted through key support levels on Nov. 18, in what was a fresh test of bulls’ resolve. Bitcoin price prediction in the last 24-hours Following multiple retests in previous days, […]
Regulators Clear Fidelity Investments to Become Canada’s First Institutional Bitcoin Custodian The service will initially be restricted to institutions. However, Fidelity is also providing Bitcoin ETFs to accommodate the demands of individual investors. Fidelity Clearing Canada has been given the go-ahead by the Investment Industry Regulatory Organization of Canada to launch a BTC trading and […]
Bitcoin price prediction summary Bitcoin price prediction shows bearishness today. BTC/USD trading slightly above $60,000 psychological support. Bearish momentum slowly returns. The price of bitcoin has resumed its decline, as the cryptocurrency’s price fell further below the daily high of $63,617 today. As a result, BTC/USD is expected to move lower once again, with the […]
Bitcoin price may be in trouble for a number of reasons ranging from the uncertainty surrounding Chinese property giant Evergrande, and fears about the stock market and Tether’s reserves. Recent Bitcoin Price Crash Linked With Conflicting Evergrande News Reports Just a few hours prior to the crash of Bitcoin price yesterday, news made rounds that […]
Bitcoin price prediction summary The price of Bitcoin is positive on the 1-day chart after sellers established a lower high overnight. The overall cryptocurrency market performance is trading in the red zone. Bitcoin(BTC) fluctuated within a tight range starting from an intraday low of $60,959 to an intraday high of $61,954. The price of Bitcoin […]
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