Tag: BTC

May 4, 2023

Bitcoin (BTC) saw a sharp rally over the month, hitting a 12-month high around $31,000 on April 14th at the same time that Ether (ETH) was enjoying its post-Shapella surge. According to Anthony Georgiades, co-founder of Pastel Network and General […]

May 1, 2023

Bitcoin saw considerable volatility between April 25 and May 1, ranging between $27,200 and $30,000. From a trading perspective, the 10.5% move sounds alarming, resulting in $340 million in leveraged BTC futures contract liquidations. However, from a broader angle, the […]

April 24, 2023

Bitcoin price struggles to hold above $27,000 as the second daily trading session in the red leaves investors concerned about deeper corrections. BTC is trading at $27,391, 9.92% below last week’s opening at $29,250 and 1.04% down in the last […]

April 10, 2023

Bitcoin (BTC) was back above $28,000 to start the week, as market sentiment shifted towards the bulls following the Easter break. BTC/USD rose to a high of $28,532.83 earlier in today’s session, after trading at a low of $27,828.48 the […]

April 5, 2023

Microstrategy has begun acquiring bitcoin (BTC) again, after purchasing 6,455 bitcoins for $150 million on March 27. On April 5, the firm’s CEO announced that it had acquired an additional 1,045 bitcoins, bringing the company’s total holdings to 140,000 BTC. […]

March 27, 2023

Bitcoin Bitcoin (BTC) started the week trading marginally higher, with prices hovering near the $28,000 level. Following a bottom at $27,678.15 on Sunday, BTC/USD moved to a high of $28,178.14 earlier in today’s session. The move saw bitcoin edge towards […]

March 13, 2023

Bitcoin (BTC) rose back above $22,000 on Monday, as the U.S. Treasury confirmed it will backstop depositors’ funds. This will be for both Silicon Valley Bank and Signature Bank, which become the second and third biggest banking failures in U.S. […]

March 6, 2023

Bitcoin (BTC) started the week in consolidation, ahead of a key week of economic data from the United States. Following a high of $22,497.00 on Sunday, BTC/USD slipped to an intraday low of $22,331.31 earlier in the session. As a […]

February 24, 2023

Bitcoin Bitcoin (BTC) was once again trading below $24,000 on Friday, as markets began to anticipate the release of U.S. consumer sentiment data. BTC/USD fell to an intraday low of $23,693.92 earlier in today’s session, less than 24 hours after […]

February 23, 2023

Bitcoin Bitcoin (BTC) moved back above $24,000 on Thursday, as cryptocurrency markets rebounded following the latest FOMC minutes. Following a low of $23,644.32 on Wednesday, BTC/USD surged to an intraday high of $24,572.09 earlier in the day. As a result […]

February 22, 2023

Bitcoin Bitcoin (BTC) extended recent declines on Wednesday, as markets began to anticipate the upcoming FOMC minutes report. Today’s report will shed light on the Federal Reserve’s current view of the U.S. economy, in light of last month’s 25-basis-point hike. […]

February 21, 2023

Research warns that Bitcoin still lacks the on-chain volume and active address increases that characterize bull markets. In a frank appraisal of the 2023 BTC price rebound, on-chain analytics platform CryptoQuant warned that Bitcoin might be weaker than it seems. […]

February 15, 2023

Bitcoin Bitcoin (BTC) remained above $22,000 on Wednesday, with traders continuing to digest the latest inflation report in the United States. Following a low of $21,632.39 on Tuesday, BTC/USD rallied to an intraday peak of $22,293.14 earlier today. Today’s move […]

February 9, 2023

Bitcoin Bitcoin (BTC) slipped to a two-week low on Thursday, with prices falling below $23,000 in the process. Following a high of $23,191.32 on hump-day, BTC/USD plunged to an intraday low of $22,458.26 in today’s session. The decline sent bitcoin […]

February 7, 2023

Bitcoin Bitcoin (BTC) rebounded from Monday’s lows in today’s session, with prices racing back above the $23,000 level. Following a low of $22,692.03 to start the week, BTC/USD raced to an intraday high of $23,119.28 earlier in the day. The […]

February 6, 2023

Bitcoin Bitcoin (BTC) started the week falling to a seven-day low, as market sentiment began to shift downwards. BTC/USD has now fallen lower for five straight sessions, with today’s decline taking prices to a bottom of $22,734.48. This drop sees […]

February 3, 2023

Bitcoin Bitcoin (BTC) fell lower on Friday, as market volatility rose ahead of the latest U.S. non-farm payrolls (NFP) report. Following a high of $24,091.54 on Thursday, BTC/USD dropped to an intraday low of $23,390.38 earlier today. Friday’s fall comes […]

February 1, 2023

Bitcoin (BTC) was back above $23,000 in today’s session, as traders turned their attention to this afternoon’s FOMC meeting. After recording a low of $22,874.43 on Tuesday, BTC/USD moved to an intraday high of $23,225.02 earlier today. Today’s move saw […]

January 30, 2023

Bitcoin mining stocks usually follow BTC’s price because it directly influences company earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in December. The downturn after FTX’s collapse worsened with the bankruptcy filing of the […]

January 26, 2023

Bitcoin Bitcoin (BTC) moved to a fresh five-month high earlier in the session, as markets reacted to Tesla’s latest quarterly earnings report. The report, which was released after yesterday’s closing bell, showed that the electric vehicle maker did not sell […]