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Search Results for: Bitcoin (BTC)

Is Bitcoin (BTC) Price Facing a Persistent Downward Pressure?

While the world mourns the passing of tech giant Ratan Tata, cryptocurrency prices fell in the last 24 hours. The community also received news about the US FBI’s creation of a new token to entrap suspects involved in market manipulation. Meanwhile, the largest cryptocurrency has yet again initiated a bearish

October 10, 2024 2 mins read

Can Bitcoin (BTC) Break Through the $65K Barrier Soon?

October is referred to as the “uptober” month, known for the upward momentum of the cryptocurrency market. Despite that, Bitcoin is suffering to regain its price. The largest cryptocurrency is currently trading above the $61K mark; a brief recovery has been made over the past 24 hours.  On the other

October 4, 2024 2 mins read

Will Uptober Turn the Tide for Bitcoin (BTC) Momentum?

Bitcoin (BTC) has been through several hurdles over the past month. BTC recently surpassed the $65,000 resistance mark, drawing attention within the crypto market. However, the upward momentum was short-lived as the price dipped to previous lows.  The asset opened September by trading at $59K; as days progressed, BTC has

September 30, 2024 2 mins read

Is Bitcoin (BTC) Set for a Bullish Breakout Above $66,500?

Bitcoin is currently trading at $64,420.02, marking a 2.04% increase in the last 24 hours. Its market capitalization surged to $1.27 trillion, showing a similar 2.04% rise. Meanwhile, the 24-hour trading volume reached $29.24 billion, increasing by 3.52%. This steady price movement highlights a bullish sentiment in the market. Institutional

September 25, 2024 2 mins read

Can Bitcoin (BTC) Break Through the $65K Resistance?

The Bitcoin price displays a brief bullish sentiment, attempting to hit a higher value after the recent break-out above $63K. The largest cryptocurrency managed to trade within the $60K range for the past three days. The analysts speculate that the asset could hit a new all-time high (ATH) before this

September 21, 2024 2 mins read

Is Bitcoin (BTC) Hinting at a Bull Run in the Wake of Fed Cuts?

Bitcoin (BTC) is currently trading at $62,046.34, showing a 2.83% increase in the past day. The leading cryptocurrency maintains a market cap of $1.23 trillion, securing its position as the top digital asset in the market. Over the last 24 hours, the trading volume reached $46.08 billion, reflecting a 17.22%

September 19, 2024 2 mins read

Is Bitcoin (BTC) Entering a Prolonged Slump Below $58K?

September has historically been a challenging month for both U.S. stocks and cryptocurrencies, and this year is no different for Bitcoin. The leading cryptocurrency has recently faced a tough time, with its value fluctuating significantly from $58K to $55K. Bitcoin initially dropped below the $57K mark on September 2. Although

September 11, 2024 2 mins read