2023 has been a five-phased bitcoin rally, Matrixport says in a report.
Market Wrap: Bitcoin Still Stuck in a Rut, Trading Below $10K
Traditional markets slide as coronavirus cases spike, and crypto follows because its correlation is still unbroken.
Market Wrap: Bitcoin’s Price Is Rising Despite a Dull Halving
Based on the rise of daily active bitcoin addresses, the highest number since 2018, interest could continue now that the halving is complete.
Market Wrap: Interest in Bitcoin Rises as Prices Near $10K, but Can It Continue?
Casual investors are hearing about bitcoin more often while professionals are taking advantage of a growing derivatives market.
Bitcoin Back Above $9,000 Amid Bullish Sentiment
The price of bitcoin broke above $9,000 on a bullish run at 9:00 UTC (4:00 a.m. EST).
February Gains Disappear as Bitcoin Drops Below $9k
Crossing below the $9,000 price level is a new low for February 2020. Bitcoin has not traded below the $9,000 threshold since January 27, when it began a march to new highs in the $10,500 range.
Oil Prices Are Now More Volatile Than Bitcoin
For skeptics and traditional market investors, bitcoin is synonymous with extreme bouts of price volatility. However, in recent times, oil has become a relatively risky asset.
Bitcoin Price Will Be Golden in 2020 Thanks to Limited Supply, Increasing Use: Bloomberg Report
Bitcoin, like gold, is a limited asset that can’t be easily increased to meet demand. Bloomberg analysts predict the price of both will rise this year.
Bitcoin Price Spikes to Nearly $9K on Little-Known Crypto Exchange
Crypto exchange WEX – formerly known as BTC-e – saw its BTC/USD market spike to nearly $9,000 on Wednesday.
Bitcoin Price Falls to 35-Day Low Below $8K
Bitcoin’s price is slipping below $8,000 again, reaching its 35-day low within just an hour since the trading entered Wednesday morning session.
Futures Launch Weighed on Bitcoin’s Price, Say Fed Researchers
Researchers from the U.S. Federal Reserve Bank believe that the launch of bitcoin futures played a role in bitcoin’s recent price slump.
Goldman Sachs to Begin Bitcoin Futures Trading Within Weeks
Goldman Sachs is launching a new operation that will use the firm’s own money to trade bitcoin related contracts on behalf of its clients.
MarketWatch Is Tracking Eight More Cryptocurrencies
MarketWatch is now tracking nine cryptocurrencies in total on its website, with the eight additions announced today.
Ex-IMF Economist: Bitcoin Could Drop to $100 in the Next Decade
Economist Kenneth Rogoff said Tuesday that he expects bitcoin’s price will decrease by 2028.