Bitcoin Price

Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.

Markets

Market Wrap: Altcoins Outperform as Sentiment Improves; Bitcoin Within 'Value Zone'

BTC was up by 2% over the past 24 hours, compared with an 11% rise in RUNE and LUNA.

By Damanick Dantes, Angelique ChenApr 19, 2022

Markets

Bitcoin Stabilizes Above $40K; Resistance at $43K-$46K

The recovery phase remains intact, albeit within a wide trading range.

By Damanick DantesApr 19, 2022

Bitcoin daily price chart shows support/resistance (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Bounces Around $40K as Stocks Waver; Crypto Security Concerns Intensify

New evidence of money laundering could trouble policymakers. Meanwhile, some analysts see limited upside for BTC.

By Damanick Dantes, Angelique ChenApr 18, 2022

Markets

Bitcoin Holding Support Above $37K; Resistance at $45K

BTC appears to be oversold on intraday charts.

By Damanick DantesApr 18, 2022

Bitcoin four-hour price chart shows support/resistance with RSI on bottom (Damanick Dantes)

Markets

Market Wrap: Cryptos Mixed Amid NFT Slowdown, Meme Coins Surge

During a shortened week in traditional markets, with U.S. stock exchanges closed on Friday, bitcoin struggled for direction, hovering around $40K, while DOGE and SHIB experienced wild swings.

By Damanick Dantes, Angelique ChenApr 15, 2022