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Tag Archives: btcusd

Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022

[unable to retrieve full-text content]CoinspeakerBernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022 Be­rnstein re­port states that the decline­ in difficulty is due to the combination of lower Bitcoin price­s and a significant increase in mining equipme­nt costs since the last Bitcoin halving in May 2020. Bernstein: Bitcoin Mining Difficulty Drops 6% Last Week, Biggest Fall since December 2022

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El Salvador Launches Public Tracker for Bitcoin Holdings to Promote Financial Transparency

[unable to retrieve full-text content]CoinspeakerEl Salvador Launches Public Tracker for Bitcoin Holdings to Promote Financial Transparency The latest move by El Salvador signals a unique level of transparency regarding financial matters within government operations. El Salvador Launches Public Tracker for Bitcoin Holdings to Promote Financial Transparency

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Bitcoin Unable to Recover Decisively, Ethereum Consolidates Below $3K (Weekend Watch)

The cryptocurrency market has calmed down considerably in the past 24 hours, halting the bearish assault and finding some consolidation in the process. Bitcoin’s price is trading at around $61K on Sunday morning, while Ethereum is now firmly below the pivotal $3K level. Are the Bitcoin Bulls Regrouping? As CryptoPotato reported yesterday, Bitcoin’s price experienced a sudden correction, dropping below $61K and losing around 3.5% in a single day. This seemingly had to do with...

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BTC Price Analysis: Bitcoin’s Consolidation About to End as Major Move Seems Imminent

Bitcoin’s price rally has come to a halt over the last couple of months as the market consolidates. Yet, things are about to change soon, either for the better or for the worse. Technical Analysis By TradingRage The Daily Chart On the daily chart, it is evident that the Bitcoin price has been consolidating inside a large descending channel. The midline of the channel has recently rejected the price to the downside, and the market is testing the $60K level once again. If this...

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Bitcoin Plummets Toward $60k As Federal Reserve Considers Keeping Rates Elevated

Bitcoin’s price fell 2.5% to $60,300 on Friday as Federal Reserve officials weighed their options for combatting stubborn price inflation in the United States. Bitcoin traded for $63,400, at noon UTC on Friday, before plummeting below $61,000 over the next few hours. According to Coinglass, the volatility triggered $175 million in liquidations over the past 24 hours. The single largest liquidation took place on a Binance BTC/USDT trade for $3.56 million. Speaking at a...

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