After experiencing a significant downtrend, Bitcoin (BTC) has encountered buying from the green support range of $66,666 – $65,80012. The price of Bitcoin is currently $67,338.98, with a 24-hour trading volume of $41,274,351,584.21. The market capitalization of Bitcoin is $1,394,246,700,172, making it the largest cryptocurrency by market cap. The recent downtrend in Bitcoin’s price resulted in a…
Bitcoin is on track to conclude 2023 as one of the year’s top-performing assets, with its value in U.S. dollars surging almost 160% since the year began. Outshining this impressive rise, only the shares of semiconductor leader Nvidia have exhibited stronger performance over the same period. Significant events have played a role in fueling Bitcoin‘s…
Despite Bitcoin’s growing popularity and acceptance, doubts about its longevity persist. Since its creation nearly a decade and a half ago, Bitcoin has been dismissed by skeptics many times, including several instances in 2023, even as it has shown a consistent uptick in value. Prominent voices in the cryptocurrency space, each with a significant online…
Bitcoin (BTC) has been fluctuating within the $40,000 to $45,000 bracket, struggling to break through the key resistance level amid extended market stabilization. However, a technical analysis of Bitcoin suggests a likelihood of the asset reaching new peaks, based on patterns observed in past price trends. Notably, Bitcoin is on the verge of completing its…
