BTC

The BTC/USD pair is at a very critical juncture right now. Making the all-important higher high at $65,050, or rolling over and falling below $63,900 could impact the $BTC price for the short to medium term. Huge market forces control the Bitcoin price There are huge forces that eventually decide the larger movements in the Bitcoin price. These market forces are beyond the ken of the average retail traders, and the $BTC price going up or down a few hundred…

It’s been a while in coming, and many investors have likely been shaken out over the last six months, but the next price surge for Bitcoin (BTC) could be a short time away. How far can Bitcoin climb this time? The positives After months of pessimistic talk about Bitcoin, the positives are starting to come to the fore. For example, there is the potential creation of a Bitcoin Strategic Reserve in the U.S., should Presidential hopeful Donald Trump make it…

Bitcoin (BTC), the largest cryptocurrency by market capitalization, has led the market recovery with its surge to the $63,000 mark. Following the recent developments, the flagship cryptocurrency’s performance has seen an 8% weekly surge, driving BTC to one of its best September performances since its creation. Bitcoin Registers Sixth Green Daily Candle During the first week of the month, Bitcoin saw its price struggle to keep above the $55,000 mark, plummeting to the $52,000 support zone and raising investors’ alarms.…

Bitcoin (BTC) surged past $64,000 on Monday, rising to a high of $64,400 before dropping to its current levels. The world’s largest cryptocurrency has been up over 8% during the past seven days as it continues its rally following the 50 bps rate cut by the Federal Reserve. Gold also rallied to a new high, while the yen dropped further on a quiet day for the Japanese markets.  Ethereum (ETH) also maintained its position above $2,600, although sellers are looking…

The Fed rate cuts have boosted the confidence of Bitcoin investors, with whales buying up to 1.6 billion BTC since the macro decision. With such a bullish outlook, there is the possibility that the flagship crypto can soon reach $70,000.  Fed Rate Cuts Prompt Buying Spree Among Bitcoin Whales The Fed rate cuts have prompted a buying spree among Bitcoin whales. These investors bought over 1.6 billion worth of Bitcoin following the macro decision on September 18. Data from the…

Bitcoin (BTC) is inching towards the $65,000 mark after it jumped past $63,000 early on Monday. The world’s largest cryptocurrency has been up over 2% in the past 24 hours and has risen almost 10% over the past week.  Ethereum (ETH) has also continued its upward trajectory and has registered an increase of almost 18% over the past week to march past the $2,600 level. The overall crypto market cap has also registered a jump of nearly 2% to move…

Bitcoin (BTC) had a positive weekly close, holding above $63,000, and boding well for the coming week. That said, Monday finds the $BTC price flat, while the rest of the crypto market is generally up. Is money going into the altcoins as speculators bet on an eventual big price rise for $BTC? All eyes are normally on Bitcoin, but for the time being at least, speculators are starting to place more bets on the altcoins. If previous bull markets are…

Bitcoin has experienced a significant price surge since Tuesday, following the Federal Reserve’s announcement of a 50 bps interest rate cut. This move pushed BTC past the critical $62,000 mark, a psychological level that has become a turning point for investor sentiment. With Bitcoin now testing local supply, market participants are closely watching for further upside potential. As the price continues to push higher, analysts are pointing to crucial data indicating a potential shift in Bitcoin’s trend after months of…

Large investors seem to be upping their ante; at least, that’s the story of Bitcoin and its latest rebound to over $63,000 today. And market watchers have indeed taken notice. On the inside, however, is key on-chain data that suggests Bitcoin whale accumulation and the reactivation of dormant wallets may be signs for a super price spike ahead. Ki Young Ju, founder of CryptoQuant, pointed to a rise in Bitcoin flowing into custody wallets, typically used by institutional players for…