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.

Bitcoin Struggles at $60K Resistance; Support Above $53K

Short-term downside is likely into the Asia trading day.

By Damanick DantesNov 22, 2021

Bitcoin four-hour price chart shows short-term resistance levels with RSI in second panel. (Damanick Dantes/CoinDesk, TradingView)

Market Wrap: Bitcoin Underperforms Altcoins as Sell-Off Pauses

Bitcoin is stabilizing after a near-10% decline over the past week.

By Damanick DantesNov 19, 2021

Sell-off stabilizes (Shutterstock)

Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines

Traders are in no hurry to buy given regulatory concerns and muted volume.

By Damanick DantesNov 18, 2021

Crypto correction (Shutterstock)

Bitcoin Tumbles to 3-Week Low Under $60K; Next Support at $53K

Market retreat comes as bitcoin’s daily price chart signals slowing upside momentum. The ether price fell below $4,000.

By Damanick DantesNov 18, 2021

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

Bitcoin Holding Support at $60K; Could Face Resistance at $63K-$65K

The long-term uptrend remains intact despite slowing price momentum.

By Damanick DantesNov 17, 2021

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

Market Wrap: Bitcoin Pullback Pauses as Traders Reduce Leverage

Technical indicators show a positive upward trend for BTC.

By Damanick DantesNov 17, 2021

CoinDesk placeholder image

Market Wrap: Cryptocurrency Sell-Off Stabilizes Amid US Tax Concerns

Bitcoin’s price declined about 5%, but later stabilized around $60K.

By Damanick Dantes, Helene BraunNov 16, 2021

(Shutterstock)

What Drove Bitcoin’s Dip Under $60K

By Nathaniel WhittemoreNov 16, 2021

What Drove Bitcoin’s Dip Under $60K

Bitcoin Stabilizes Near $60K Support; Faces Resistance at $63K-65K

Short-term indicators suggest limited downside into Asian trading hours.

By Damanick DantesNov 16, 2021

Bitcoin four-hour price chart reveals an "oversold" reading based on the RSI indicator (lower chart). (Damanick Dantes/CoinDesk, TradingView)

Bitcoin Pullback Could Stabilize Around $60K Support

Upside momentum is slowing, although pullbacks remain limited.

By Damanick DantesNov 15, 2021

Bitcoin's four-hour price chart. Lower chart shows a neutral reading on the RSI indicator. (Damanick Dantes/CoinDesk, TradingView)