In a rollercoaster ride for cryptocurrency enthusiasts, Bitcoin (BTC) has experienced recent price fluctuations, trading between $27,000 and $27,500 over the past five days, only to drop back to $26,557, marking a 2.41% decrease within the last 48 hours. This downturn followed a rejection at the 20-day Exponential Moving Average
Smaller Bitcoin holders, defined as those with less than 100 BTC, have seen a meteoric rise in recent months. As a result of this sudden turn of events, they currently own a record 41.1% of all Bitcoins in circulation. According to a tweet from Santiment, there has been a notable
Bitcoin (BTC), the largest cryptocurrency by market capitalization, has been generating both hope and fear within the community due to its recent price movements. On Monday, Bitcoin demonstrated a bullish momentum with its foray into the $27,000 range. However, bears instilled fear, when BTC quivered and fluctuated between $26,864 and
The cryptocurrency world is abuzz with anticipation as Bitcoin, the pioneer of digital currencies, approaches its next halving event slated for April 2024. This event is more than just a date on the calendar; it is more likely a seismic shift can have ripple effects across the entire Bitcoin ecosystem.
Bitcoin’s price trended upwards recently, and the cryptocurrency almost reached $27,500, its highest level in 20 days. In anticipation of a substantial upward momentum amid the impending FOMC meeting, Bitcoin has risen by 3.90% in the last week. No doubt it will restore investor confidence as positive signs emerge. However,
Bitcoin, the largest crypto by market capitalization, recently surged to a momentary high of $27,432. This is the highest point it has reached since the GBTC victory over the SEC on August 29. This has left the crypto community both puzzled and hopeful as the price subsequently tumbled to $26,868
The Bitcoin mining firm Hut 8 in Canada is merging with US Bitcoin (USBTC). A new organization that will have major effects on Bitcoin mining and high-performance computers has been given the go light by the Supreme Court of British Columbia. The merger, which was announced in February 2023, was
Bitcoin has had a great start to the new week and the price is showing strong bullish momentum. Crypto traders and investors alike are paying extra attention to the FOMC meeting due to its impact on the overall market in recent years. Two major events on Wednesday might have a
Bitcoin and other cryptocurrencies were lately facing severe downtrend due to fears that FTX may unload its cryptocurrency holdings. This selling pressure resulted in Bitcoin drop terribly and a general decline throughout the cryptocurrency market. Fear of selling pressure from FTX subsided, however, and BTC prices climbed back over $26,500,
Inflation in the United States surged to an annual rate of 3.7% in August, surpassing the consensus expectation of 3.6%, according to the latest Consumer Price Index (CPI) statistics released by the U.S. Bureau of Labor Statistics. This marks the second consecutive month of rising inflation, with the CPI rising
