Tag Archives: btcusd

Bitcoin’s price crashed by over 5% below $60,000 on Wednesday amid a market selloff impacting the broader crypto and stock markets. Bitcoin (BTC) began the day trading for roughly $63,700 per coin. Its price began sinking drastically starting at 1:40 PM UTC, and has plummeted to $59,950 as of 4:45 PM UTC. It trades for $60,475 at press time. Meanwhile, the price of Ethereum (ETH) has slid back under $3000 to just $2950 at writing time. The S&P500 and Nasdaq 100 have...

The cryptocurrency market saw a massive correction in the past two days, starting with a red Friday and followed by a Saturday massacre. While the reasons are still debated, even though they seem to be external and not related to the industry itself, the fact is that the total market cap shed over $400 billion at one point. With the next Bitcoin halving, an event typically regarded as a catalyst for future price increases, just around the corner, the question arises whether...

Coinspeaker21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000? 21,000 Bitcoin options are set to expire having a notional value of $1.5 billion and a put call ratio of 0.62. The max pain point for the expiry currently stands at $69,000. 21,000 Bitcoin Options Set to Expire Today, Can BTC Price Hold $70,000?

CoinspeakerMicroStrategy’s Bold Bitcoin Bet Pays Off as Short Sellers Face $2B Loss MicroStrategy's MSTR performed even better than the price of BTC itself, soaring 180% year-to-date. MicroStrategy’s Bold Bitcoin Bet Pays Off as Short Sellers Face $2B Loss

CoinspeakerBitcoin Price Briefly Falls Below $68K Following Hotter than Expected US CPI, Raising Concerns for Local Top Bitcoin halving 2024 is less than 11 days away from happening amid heightened demand from institutional investors from all over the world. Bitcoin Price Briefly Falls Below $68K Following Hotter than Expected US CPI, Raising Concerns for Local Top

CoinspeakerDecade of Crypto Brilliance: NiceHash Unveils Maribor’s First Bitcoin Summit One of NiceHash's remarkable contributions to Bitcoin adoption is its ecosystem of mining and BTC payment services. Decade of Crypto Brilliance: NiceHash Unveils Maribor’s First Bitcoin Summit

Bitcoin’s price is currently consolidating below the $70K level, failing to continue its rally and make a higher all-time high. Yet, investors remain optimistic as no worrying signs are surfacing yet. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been hovering around the $70K mark and is yet to show a prolonged movement to either side. The $68K resistance level is currently being tested, but the price has not been able to break it to the...

Bitcoin’s price has recovered from its sudden drop from $75K and is currently targeting the same level again. Market participants are eagerly waiting for the market to make a new record high soon. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has rebounded from the $60K support zone and broken the $69K resistance level to the upside. BTC is currently climbing toward the $75K resistance once more. The Relative Strength Index is also showing...

Following a couple of weeks of consolidation and correction, the cryptocurrency market is starting to heat up again. Most of the coins are trading well in the green, pushing the total capitalization to just shy of $2.8 trillion. Bitcoin’s price recorded an impressive performance, increasing by around 10% in the past seven days. It is currently trading at around $70,000, where it seems to have solidified throughout the past few days. The increase started at the beginning of...

CoinspeakerBitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs Hougan's bullish prediction is based on Bitcoin's impressive growth of nearly 300% over the past 15 months. Bitwise CIO Predicts Potential Trillion-Dollar Inflows into Bitcoin Spot ETFs