Bitcoin’s price has been in a downward trend since January, but it recently surged past $91,000 on April 22, marking its first higher high of the year. This could signal the beginning of a longer-term uptrend if buying volumes continue to support the price. Notably, Bitcoin ETFs in the US saw substantial inflows of $381 ...
On April 21, Bitcoin’s price surged to $87,400, marking a significant increase of over $3,000 in less than a day. This uptick comes amid a weakening US dollar and increasing investor uncertainty. Analysts are noting a shift in Bitcoin’s correlation, suggesting it may start moving independently from traditional assets like stocks, instead aligning more with ...
Bitcoin’s price has surged past $85,000 after a recent dip to $74,000, signaling a strong recovery. Analyst ShayanBTC suggests this price correction could actually be part of a larger bullish trend. By examining the age of unspent Bitcoin transactions, he notes that more coins are being held by long-term investors, which reduces the circulating supply ...
This week in crypto news, Shaquille O’Neal received court approval for an $11 million settlement with Astrals NFT buyers, while New York lawmakers proposed a bill to allow state agencies to accept cryptocurrency payments. Additionally, Synthetix USD faced significant losses, dropping to its lowest value in five years. The SEC and Ripple agreed to pause ...
Bitcoin’s price surged unexpectedly to a high of $88,500, fueled by news that the Trump administration hasn’t finalized new tariffs, which has influenced Market sentiment positively. Key developments include countries like Israel, Mexico, and India easing their tariffs, contributing to a bullish outlook. Despite hitting a three-month resistance point, recent buy activity on platforms like ...
Bitcoin’s price surged by 5.53% to reach $87,333 on April 2, marking a recovery from a ten-week downtrend that started on January 20. This rally is driven by increased buying activity from spot traders on major exchanges like Binance and Coinbase, especially with bids rising on Coinbase. Bitcoin has successfully flipped key resistance levels between ...
Hashprice, created by Luxor, measures how profitable Bitcoin mining is by estimating the daily earnings miners can expect from their hashing power. Currently, hashprice is over $62 per petahash, its highest since mid-December. This increase follows Bitcoin’s price surge to over $100,000 within three months. Miner fees have also risen, signaling a healthier mining environment. ...
Bitcoin is on a path to possibly reach $125,000, and this surge could benefit both Shiba Inu (SHIB) and DTX Exchange. SHIB, supported by its strong community, is looking for momentum, while DTX Exchange is gaining attention with its innovative hybrid platform. Bitcoin’s price increase is driven by rising institutional demand and positive inflation data, ...
Bitcoin prices soared to over $109,000 early Monday, just before President-elect Donald Trump’s inauguration. The cryptocurrency gained momentum, rising 5 percent the previous Friday and jumping another $9,000 shortly after. Trump, once a critic of Bitcoin, now supports it, leading to optimism in the crypto community. He has promised to establish the U.S. as a ...
Federal Reserve Governor Christopher Waller recently indicated that there may be multiple interest rate cuts in 2025 if inflation continues to decline, based on encouraging economic data. Following this news, Bitcoin’s price jumped above $99,000, with traders anticipating it could exceed the critical $100,000 mark. The Market is showing increased optimism, especially for altcoins like ...
