Bitcoin Price
Macro Factors Impacting Crypto Markets
Bitcoin is trending higher Monday after a dip on Sunday. "The Hash" panel discusses the potential macro factors moving the price and where the crypto markets could be headed.
Bitcoin Drops Below $43K With Support at $35K-$40K, Trading Volume Higher Than a Week Ago
Bitcoin is retreating along with most of the crypto markets, trading at a choppy range with initial support at $35,000-$40,000. However, the fear and greed index also remains neutral. BTC trading volume in general is higher than a week ago, based on data compiled by CoinDesk. "All About Bitcoin" host Christine Lee explains what this means in the Chart of the Day.
Key Events to Watch for Bitcoin Next Week
CoinDesk Research Analyst Teddy Oosterbaan and Markets Managing Editor Brad Keoun discuss the key events they're watching for next week in the world of bitcoin and the wider crypto markets, including the latest on the Bitfinex hack and the Super Bowl.
Macro Factors Weighing on Bitcoin Markets, Institutional Adoptions on the Rise
BTC's price has fluctuated significantly this week, trading in the $40,000-$46,000 range. "All About Bitcoin's" Week in Review panel discuss this week's hot topics in bitcoin markets, mainstream adoptions and regulation.
Bitcoin Drops Below $43K; Support at $35K-$40K
Technical indicators are neutral, although oversold conditions could keep short-term buyers active.
Is Bullish Sentiment for Bitcoin Returning?
Analyst Nick Mancini of Trade the Chain discusses what might explain bitcoin's short-term price movements. "What we've seen is a much more bullish sentiment in the past week than we have seen in the past eight weeks," Mancini said. Plus, the possible impact of Thursday's Consumer Price Index (CPI) report on the crypto markets, and potential headwinds ahead for the digital asset space.
Bitcoin Breaks Above $40K Resistance
New TradingView data reveals bitcoin crossed its 50-day moving average earlier this week at the $42,500 price level and has stayed above it since. Continuation of this price movement would imply strength and set bitcoin for a move toward $49,000 as it sees institutional demand.
US Inflation Hits New 4-Decade High of 7.5% in January
The Consumer Price Index (CPI) data for January released Thursday revealed prices have climbed 7.5% over the past year, the fastest pace since 1982. "The Hash" panel discusses the report and what this means for bitcoin as a potential hedge against inflation.
Bitcoin Reverses Earlier Dip, Resistance Stands at $46K
BTC is approaching overbought levels, although pullbacks could stabilize at between $40K and $43K.
Miners Offloading Holdings Could Have Contributed to Bitcoin’s Fall to $33K
Data from multiple sources show bitcoin miners sold part of their holdings over the past 30 days after months of accumulation. The weekend’s sale was the first for 2022 after a previous selling period in November, which could have contributed to a decline in bitcoin prices near $32,000. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.