Bitcoin

The post Cryptocurrency Market Records A Bullish Comeback, Bitcoin Reclaims $61K, Ethereum Hits $2.7K! appeared first on Coinpedia Fintech News Within the past 24 hours, the crypto space has successfully reclaimed the $2 Trillion mark with a jump of 6.60% in valuation. Notably, the crypto market has added $131 Billion from $1.99 Trillion and is presently valued at $2.13 Trillion. Further, the BTC price has recorded a 24-hour high of $62.673.73 with a trading volume of $43.23 Billion. On the…

The post Michael Saylor Reacts To Bitcoin Dipping Below $50k; Says ‘Bitcoin Volatility is a Feature, Not a Bug’ appeared first on Coinpedia Fintech News Michael Saylor, MicroStrategy’s executive chair and co-founder, opened up about Bitcoin’s superiority in long-term capital management during an interview with Bloomberg Television. He was asked about Bitcoin’s recent dip below the $50,000 level and MicroStrategy’s decision to acquire an additional 169 Bitcoin for just over $11 million in July. The interviewer asked, “When you see…

The post Bitcoin Price: September 2024 Presents a Critical Test for Bitcoin Bulls; $100K Possible if Historical Patterns Hold True appeared first on Coinpedia Fintech News A recent move in Bitcoin’s price involved a quick rise followed by a quick drop, which likely caused some traders to be liquidated. This might signal a bearish trend, according to some experts. Bitcoin Hyper explained that his  focus is on a particular fractal pattern that suggests a significant price surge in the coming…

The post Crypto Market Surges 11%, Reclaiming $2T as Bitcoin Blasts Past $61K appeared first on Coinpedia Fintech News The crypto market made a significant move overnight, surging 11% to reclaim the $2 trillion level, now standing at $2.105T. Bitcoin led the charge, crossing $61K once again, reflecting renewed investor confidence. At the same time, U.S. Bitcoin ETFs made headlines by acquiring 3,376 BTC—an impressive feat given that only 450 Bitcoins are mined daily. The total net flow reached $194.6…

Dogecoin started a decent increase above the $0.0950 resistance against the US Dollar. DOGE is showing positive signs and might aim for a move above $0.1080. DOGE price is gaining pace above the $0.100 pivot zone. The price is trading above the $0.100 level and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $0.1000 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue…

Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might eye more upsides above…

A crypto analyst has maintained a bullish outlook on Bitcoin (BTC), the world’s largest cryptocurrency, predicting massive rallies in the future. The analyst projects that Bitcoin could rise as fast as it fell, mirroring the speed of its crash as it regains all the value shed during its decline.  Bitcoin Set For Rapid Recovery In an X (formerly Twitter) post on August 6, a crypto analyst identified as ‘The Crypto Dog’ has shared an optimistic forecast on the future outlook…

As the market rebound slows, Bitcoin SV captured some momentum and gaining some ground against the bears today, August 8. The coin has been up more than 10% since last month, a huge advantage in the market’s hostile environment.  Bitcoin SV is a hard fork of Bitcoin Cash which is also a fork of Bitcoin itself. BSV, however, has traits unique to itself, unlike its close cousins that make it more attractive to businesses.  Solving Real World Problems With On-Chain…

The post Will BTC Hit $62,500? Peter Brandt’s Bitcoin Price Prediction appeared first on Coinpedia Fintech News During the ongoing market recovery, veteran trader and chartist Peter Brandt recently made a post on X (previously Twitter) that gathered massive attention from the crypto community. Peter Brandt’s Bitcoin prediction  In a post, Brandt predicted that Bitcoin (BTC) the world’s biggest cryptocurrency, could fall to the $40,000 level before the next half of the halving cycle. Despite Brandt’s future prediction, BTC is…