Key Bitcoin Takeaways Bitcoin prices jumps back above $52,000 and pushes higher. The gains appear as bond sell-off cools down after a week of turbulence. Greg Waisman, the co-founder of crypto wallet service Mercuryo, suggests BTC/USD could hit $60,000 in the coming sessions. Bitcoin prices rose Wednesday, breaking above $52,000 for the first time in…
The price of Bitcoin surpassed $51,000 after a week of stagnation. Traders are becoming more optimistic on the short-term price trend of BTC as it picks up momentum. Whales are buying Bitcoin According to the on-chain data from CryptoQuant, whales are continuing to accumulate Bitcoin. At the $48,000 level, on-chain data indicate that high-net-worth investors…
Bitcoin price recovered above $48,000, but it failed near $50,000 against the US Dollar. BTC is now holding gains above $47,000 and it is likely to make another attempt to surpass $50,000. Bitcoin is consolidating gains above the $47,000 and $46,500 support levels. The price is now trading well above $47,000 and the 100 hourly…
Bitcoin has barely flinched in the face of the dollar’s best attempt at a rebound in over a year. The greenback is trying to stage a comeback against the top cryptocurrency, which has left the global reserve currency battered and beaten. Although Bitcoin has fended off the advance in USD, if history repeats and the…
Ethereum has had an incredible year thus far, breaking its former all-time high on its USD pair and soaring well above it. However, on its Bitcoin trading pair, the altcoin has struggled to get anywhere near its former highs. According to one crypto trader, that all is about to change, and it is finally “showtime”…
Key Bitcoin Takeaways Bitcoin plunged by almost 5.5 percent on Monday after setting up a record high in the previous session. The one-day drop is the largest since February 10, pointing to extended intraday declines as the European session matures. Long-term sentiment remains bullish on growing corporate adoption against the US dollar depreciation. Bitcoin (BTC/USD)…
Bitcoin price remained in a positive zone and it traded to a new all-time high above $58,000 against the US Dollar. BTC is now correcting gains, but it is likely to continue higher towards $60,000. Bitcoin extended its rise above $57,000 and it traded to a new all-time high at $58,350. The price is still…
Vesa Vesa is a contributing art writer on News BTC. He is credited for innovating an entirely new art form Artevo and his new platform Art For Crypto, focuses on art for and about the blockchain. He is best known for his collaboration with the Bollywood actress Veena Malik, which reached over 300 million people…
According to Glassnode’s Bitcoin MVRV Z-Score indicator, Bitcoin is about to cross the red zone. The last time BTC saw this trend, it rallied two times more from its current price. What is the Bitcoin MVRV Z-Score and why is this important? The Bitcoin MVRV Z-Score indicator is typically used to measure whether an asset…
Bitcoin price gained bullish momentum above $50K and traded to a new all-time high at $57,500 against the US Dollar. BTC remains supported and it is likely eyeing a test of $60,000. Bitcoin climbed above the $50,000 resistance and traded to a new all-time high near USD 57,500. The price is trading nicely above the…