Tag Archives: bitcoin price

Mike McGlone anticipates a Bitcoin Supercycle due to the asset’s raving performance despite economic circumstances. Commodity strategist Mike McGlone believes that a Bitcoin (BTC) Supercycle is on the horizon amid the leading crypto’s 2023 price upswing. According to the Bloomberg Intelligence senior commodity strategist, BTC’s recent performance compared to gold proves his claim. The prominent digital currency has outperformed gold almost tenfold this year and appears set to continue...

Some crypto industry insiders believe that BTC price can surge to its previous all-time high of $69,000 and even beyond to $100,000. The world’s largest cryptocurrency Bitcoin (BTC) has already delivered a solid performance this year so far outperforming all other asset classes by a considerable margin. Currently, Bitcoin is trading at $27,708 with a market cap of $535 billion. At this current price, the BTC price is up already 70% from January 1, 2023. The fact that this Bitcoin...

2023 has led to several opposing thoughts when it comes to bitcoin, the world’s number one digital currency by market capitalization. Bitcoin Could Have a Very Good Year For some, the asset could go as high as $250,000. Tim Draper would attest to this, while others – such as Mike Novogratz – think the asset will be in good shape if it just ends the year at $30K. In any case, there are many resounding differences in what industry heads believe could come about over the...

Leading crypto Bitcoin climbed to $27K Friday, extending its 2023 bullish run amid intensified talks of a $100K price level.  Bitcoin (BTC) has extended its recent bullish momentum, recently hitting $27K for the first time since June last year. On Friday, the dominant digital currency climbed to $27,028, marking a 6.5% increase in 24 hours. This latest 6.5% price spike also saw BTC’s market cap swell within the same period to $549,070,761,254. However, Bitcoin has sustained marginal...

Bitcoin – the world’s number one digital currency by market cap – rose to $25,000 per unit in mid-February, thus giving traders newfound hope that the crypto market can indeed recover from its 2022 lows. Bitcoin Just Keeps Jumping 2022 was the worst year on record for the digital currency space. At the end of November in 2021, the price of bitcoin had risen to $68,000 per unit, the highest it’s ever been. Everyone was confident the space was going to reach all kinds of...

The Messari CEO said firms may choose to use Bitcoin as the exit plan. The growing strain in the broader financial market has been tagged as a yardstick for a more ambitious fundamental that can drive Bitcoin (BTC) price growth according to projections from Messari CEO, Ryan Selkis. Taking to his official Twitter account, Selkis said he believes Bitcoin can touch a $100,000 price target within the next 12 months. As an expert who runs one of the most versatile crypto analytics platforms in...

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A new report suggests that bitcoin had its best January since 2013 (ten years). The currency rose by nearly 40 percent and incurred a $7,000 hike to its price. Bitcoin Posts Its Best January Results Since 2013 Bitcoin has its worst year (arguably) in 2022. After hitting a new all-time high of $68,000 per unit in November of 2021, the world’s number one digital asset by market cap began trekking a bearish path that ultimately saw it lose more than 70 percent of its value...

Is bitcoin now the world’s most hated cryptocurrency? According to a new survey, while it may not be number one yet, the asset is heading up there. People Don’t Love Bitcoin as Much The price of bitcoin has endured numerous punches over the last 12 months. The world’s number one digital currency by market cap rose to a new all-time high of about $68,000 per unit in November of 2021, and it felt like the asset was on top of the financial ladder for good. Nothing could...