Bloomberg Intelligence released Cryptos Outlook October edition, which mentions positive trends in the crypto market. According to senior commodity strategist at Bloomberg Intelligence, Mike McGlone, amid the rate hikes by more central banks, we see the tendency resuming for Bitcoin, Ethereum and...
Leading cryptocurrency Bitcoin fell below $20,000 and currently trades at around $19,400. In the last 24 hours, the price of the coin saw a 7% decline. The last time Bitcoin touched this level was in December 2020. Ether trades at around $1000. The global crypto market cap stands at $851 billion. ...
Global financial markets were shocked another time as the US inflation hit a 40 year high. The annual rate of inflation rose to 8.6%. Reports came on Friday, and led to a sell off of global risk assets such as stocks and cryptos. In the last 7 days, the Bitcoin price fell by around 20.7%, dropping...
Bitcoin price surpassed $44.000 for the first time since February 17 as the demand for crypto has increased amid the Russian Ukrainian war. In the last 24 hours, the price of Bitcoin rose by 14% and currently stands at around $43.300. Ethereum increased by 11%, reaching $2.900. The total global...
New York-based international bank JPMorgan issued a note on January 26. In the paper, analysts of the bank wrote what is their expected long-term BTC price. According to the bank, volatility along with constant ups and corrections will prevent future adoption by institutions. The estimations by...
Bitcoin price went down below $34.000 for the first time since July. In the last 7 days, BTC fell by over 21% and hit its lowest level of $33.100 today. At the moment, the coin trades for about $33.500. Bitcoin is about 51% down from its all-time high of $68.789 reached on Nov. 10, 2021. Most of...
Experts at the leading financial institution JPMorgan say that Bitcoin's surge is connected with concerns over inflation and not ETFs. As reported by Bloomberg, Managing Director at JP Morgan Nikolaos Panigirtzoglou and other strategists are of the opinion that the release of ProShare's Bitcoin ETF...
The price of Bitcoin surpassed $60.000 for the first time since May. In the last 24 hours, the coin's price went up by around 5%. Several factors boosted the BTC price. One of them is the possibility of the first Bitcoin ETF launch in the US next week. Another factor is that viewing crypto as an...
For the first time, since May 12, Bitcoin price surpassed $55.000. The market cap of the largest cryptocurrency again stands above $1 trillion. Over the last 7 days, the coin saw a price increase of over 31%. In the last 24 hours, the surge was by over 10%. Although it's early to predict whether...
Increasing by around 18% over the previous 7 days, Bitcoin's price surpassed $46.500 for the first time since the May market crash. At the moment, the price stands at over $45.400 with a market cap of about $853.7 billion. Ethereum price has surged too. On August 7, it surpassed $3000. Today it...
Bitcoin price gained over a 10% increase in the last 24 hours, surpassing $39.280. This is the first time since June 16 that the coin went above $39.000. In general, most cryptocurrencies are in green. The biggest altcoin, Ethereum, gained around 7% and trades at...
After falling below $30.000, the Bitcoin price managed to go up by around 7% over the last 24 hours. Currently, the coin trades at around $31.800. Data from a cryptocurrency information platform Bybt shows that as Bitcoin dropped to its 1-month low of $29.360 yesterday, whales stepped in. In one...
In the last 24 hours, the price of Bitcoin saw a decline of over 6%. Currently, the coin trades at around $29.750, which is the lowest level in terms of a month. BTC's current rate is under half-price of its all-time high of over $64.800 reached on April 14. Its market cap stands at around $558...
Bitcoin's attempts to go up $35.000 failed. The price of the coin has lost around 6.5% in the previous 24 hours and now stands at about $32.500. Bitcoin market dominance index is 44.2% The total crypto market cap is $ 100 B down from yesterday. It stands at $1.38...
Crypto billionaire, the founder of the exchange FTX, Sam Bankman-Fried, expressed his views about the future price of Bitcoin during a recent interview with Yahoo Finance. He is sure the crypto trading trend came to stay. Sam Bankman-Fried said he would be surprised if there wasn't at least one...
For the first time, this month Bitcoin's price surpassed $40.000. The raise happened on June 14. Currently, the coin trades at over $40.200 with a market cap of around $834.7 Billion. Several factors had an impact on the price growth. Tesla CEO Elon Musk announced the company will start accepting...
In May Bitcoin's price saw a 36% decline, which is the worst drop after November 2018. The cryptocurrency was traded at around $58.000 at the beginning of May and closed the month with a price of about $37.000. Data shows that 47% fall happened from 14 May to 20 resulted in $14.2 billion...
The price of Bitcoin saw 23% growth in the last week. Today the leading cryptocurrency broke another record hitting $60.000. The market capitalization of the coin stands above $1 Trillion. After hitting $58.000 in February, Bitcoin price has been seeing huge volatility. It fell below $50.000 which...