As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $ 62,279, bitcoin has shown a 24-hour range between $ 61,994 and $ 63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs …
Over the past hour, as bitcoin’s value swings from $ 62,150 to $ 62,545 on March 1, 2024, the cryptocurrency market is experiencing a pronounced upward trend. With a trading volume of $ 55.41 billion over 24 hours and a market cap touching $ 1.21 trillion, bitcoin’s dominance in the market …
The European Central Bank (ECB) has published a blog post claiming that “bitcoin has failed to fulfill its original promise to become a global decentralized digital currency.” The ECB economists who authored the post added that bitcoin’s fair value is still zero and bitcoin transactions are “still inconvenient, slow, and costly.” Moreover, they asserted that […]
Bitcoin’s price trajectory on Feb. 14, 2024, showcases a robust bullish trend, with the cryptocurrency reaching a 24-hour high of $ 51,814. Amidst a consolidating market, the digital asset has seen significant growth, marking a 3% increase today, and 21% over the past month. Bitcoin Bitcoin (BTC) has demonstrated remarkable resilience and growth, with …
On Friday, the price of bitcoin fluctuated within a daily span from $ 41,937 to $ 43,347, with its market value reaching $ 846 billion. The trading activity for the day tallied up to $ 17.35 billion, showcasing a spike in investor involvement and market liquidity, which tends to diminish as …