The Bitcoin hashprice has dropped at a historically low level, making Bitcoin miners to maintain profitability. Hash price at this level could potentially indicate a bottom of the Bitcoin price before a renewed bull run, according to on-chain analysis CryptoQuant….
Bitcoin price finally surpassed the $64,000 mark yesterday reaching a new height of $64,879.13 following weeks-long ups and downs. This surge was in anticipation of coming Reserve Bank’s interest rate cut decision backed by Fed Chair Jerome Powell’s positive signal…
Bitcoin’s effort to surpass the $60,000 level on Sunday was suddenly interrupted as an increase in Bitcoin short selling activities drove the price back down. As of now, Bitcoin is trading at $58,408.71, marking a 2.86% decline over the past…
The cryptocurrency market continues its downward spiral, with Bitcoin slump in focus. The world’s most popular digital currency dropped to its lowest price since February today, settling at $53,485.93. However, it appears to have recovered some lost ground. Despite this…
This week, Bitcoin continues to shatter records, repeatedly reaching new highs. Today, the price soared to a staggering $73,650, a remarkable 6.74% increase from the all-time high in 2021. This surge comes after a 5% dip triggered by inflation concerns,…
After a nearly two-week pause, the world’s leading cryptocurrency, Bitcoin (BTC), staged a dramatic comeback today, shattering the $57,000 barrier and signaling the trajectory ahead of the impending Bitcoin halving. Currently, the Bitcoin price stands at $56,710.87, reflecting a staggering…
The cryptocurrency markets are abuzz with excitement as the Bitcoin price surge gathers momentum during a bullish charge propelled by a storm of positive developments. Spot Bitcoin Exchange-Traded Funds (ETFs) are adding fuel to the fire, injecting massive liquidity into…
Standard Chartered Bank is setting off bullish fireworks in the cryptocurrency world, predicting a potential tidal wave of investment fueled by the long-awaited approval of spot Bitcoin ETFs. In a recent report, the bank anticipates these ETFs attracting staggering inflows…
