MicroStrategy stock price has dropped 27% from its highest level this year, despite Bitcoin reaching a record high. MSTR shares were trading at $390 on Dec. 6, continuing a decline that began on Nov. 21, when the stock peaked at $541. Even with this pullback, MicroStrategy remains one of the best-performing stocks this year, up over...
Bitcoin price has performed well this week, crossing the important milestone of $100,000 and peaking at $104,000. Bitcoin btc1.77%Bitcoin surge occured as data indicated continued investor appetite for the digital currency, even at a six-digit price. Notably, data from SoSoValue shows that spot Bitcoin exchange-traded funds saw a net inflow of over $33 billion. These funds now hold a record $109 billion...
U.S. spot Bitcoin exchange-traded funds saw their fifth consecutive day of inflows on Dec. 4 as Bitcoin surged past $100,000 to a new all-time high, driven by optimism over a favorable regulatory outlook under President-elect Donald Trump. According to data from SoSoValue, U.S. spot Bitcoin ETFs recorded their fifth consecutive day of inflows on Wednesday, bringing the total...
Crypto prices crashed hard in South Korea as the local currency plunged to a record low. Bitcoin btc-0.25%Bitcoin price dropped to 88,197,000 KRW, its lowest level since October 5, before rebounding to 132,000,000 KRW. The cryptocurrency was down by almost 40% from its highest level this year. Other altcoins had a similar price action. Ethereum eth0.57%Ethereum fell to 4,210,630 KRW, its...
Bitcoin price fell 5% within the 24-hour timeframe on March 20, hitting a 14-day low of $60,761 critical market data trends suggests more downside could follow. Bitcoin price continues to face bearish headwinds as short-traders seize control of the BTC derivatives markets ahead of the upcoming US Fed. rate announcement Is BTC price on the brink of a major...
Bitcoin (BTC) and cryptocurrency analyst Ali-Charts identified three critical prices that serve as support levels for the largest digital asset in the world. According to the on-chain observer citing Glassnode data, $61,100, $56,685, and $51,530 should cushion against further Bitcoin dips. Conversely, $66,990 and $72,88 have emerged as the following resistance levels to break after BTC set a...
Crypto exchange BitMEX is looking into unusual Bitcoin trading patterns on its platform that could involve unfair practices. The internal investigation follows a recent rapid drop in Bitcoin’s value on the platform. On Monday, Bitcoin’s valuation against the USDT stablecoin plummeted to $8,900 on BitMEX, while BTC maintained a value above $66,000 on other trading platforms. Bitcoin’s price on BitMEX...
Bitcoin’s price started the week positively, rising to a daily peak of $68,884. However, with BTC long-term holders booking profits ahead of the halving event, the rally could be short-lived. On March 18, the Bitcoin price unsuccessfully attempted to reclaim the $70,000 territory. On-chain data trends provide insights into major bearish catalysts that could impact the...
Standard Chartered Bank has revised its forecast for Bitcoin’s price, anticipating a significant surge in value up to $150,000 by the end of 2024. Previously predicting a milestone of $120,000, this upward revision follows a period of “sharper-than-expected price gains” for Bitcoin (BTC). Furthermore, the bank envisions even more substantial gains in the following year, with a forecasted...
According to one options agency, declines in Bitcoin, Ethereum, and the total crypto market cap sparked short-term skepticism among traders. QCP Capital released a March 15 update pointing to volatility concerns in cryptocurrency markets as Bitcoin (BTC), the leading token, dropped below $66,000 for the first time in nearly two weeks. BTC was down over 5% in...
