Bitcoin Price Analysis

Bitcoin’s market cap increased by 7% in the last 24 hours, currently trading at $63,166.72. This bullish rally surprised many traders, and they dramatically changed their positions on Binance – from liquidated short positions to long trades catching an upswing wave. Certainly, however much optimism the surge has led to, analysts from on-chain data platform […]

Over the last week, Bitcoin (BTC) investors enjoyed much profit as the crypto asset gained 8.34% to trade above $71,000, according to data from CoinMarketCap. At the time of writing, BTC is trading around $70,285, up 0.25% in the last 24 hours. Meanwhile, the leading cryptocurrency boasted a market cap of $1.38 trillion. The BTC […]

Bitcoin (BTC), the biggest cryptocurrency by market cap, has experienced a surge beyond the $52,000 level lately. This shows continuous demand for BTC at increasingly higher levels. A report from CryptoQuant, an on-chain data analytics firm, indicated that more than “75% of new investments in Bitcoin” come from spot Bitcoin exchange-traded funds (ETFs). This has […]

Bitcoin has broken through the $42,000 barrier, signaling a notable recovery in the cryptocurrency market following the recent spot Bitcoin exchange-traded fund (ETF)-linked sell-off. As reported by CoinMarketcap, Bitcoin exhibited a rapid ascent from $39,645 on January 26, marking a 5% gain to reach a trading price of $42,200. Presently, the price of Bitcoin stands […]

In the aftermath of the much-anticipated spot Bitcoin ETF launch, the market has failed to sustain a bullish momentum, triggering a bearish wave that has left investors on edge. The Bitcoin price, which initially experienced a minor upswing, is now grappling with significant pullbacks, raising questions about the cryptocurrency’s immediate future. Bitcoin Price Trend: From […]