As of June 17, 2024, Bitcoin is trading at $ 65,805, with a 24-hour intraday range between $ 65,518 and $ 66,992. The cryptocurrency market is displaying notable volatility, as evidenced by significant trading volume and fluctuating price levels. Bitcoin Bitcoin’s 1-hour chart reveals a clear downward trend following a recent peak, …
Bitcoin’s price on May 29, 2024, reflects a period of consolidation following recent volatility. The current price stands at $ 67,739 with an intraday range of $ 67,201 to $ 68,880. Technical indicators and moving averages provide a mixed outlook, indicating both potential stability and the possibility of future movements. Bitcoin Bitcoin’s …
This week, bitcoin’s price briefly exceeded $ 70,000 per coin before declining after the movement of Mt Gox bitcoins, yet the premium for bitcoin in South Korea has significantly increased. Having fallen below the 1% range, the premium on South Korean exchanges has now climbed to 2.23%. Bitcoin Premium in South Korea Grows Bitcoin …
A new study by Fidelity Digital Assets reveals that as bitcoin matures, its volatility is decreasing, making it less volatile than several S&P 500 stocks. “As the asset class matures and its total market cap grows, the inflow of capital is expected to have a smaller impact because it will be flowing into a larger […]
Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $ 55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin …