Bitcoin Price

Here’s Why Bank of America Thinks There’s More Gas Left in the Bitcoin Tank for 2023

Strategists at Bank of America predict that Bitcoin's remarkable rise, which took it from $17,000 to over $30,000 in 2023, may not be over. The post Here’s Why Bank of America Thinks There’s More Gas Left in the Bitcoin Tank for 2023 appeared first on BeInCrypto.

Dollar, Stocks Slide Bitcoin Shines $30K Amid Recession Fears

Crypto News: The digital asset market looked calm while global stocks struggled a bit in the minutes from the Federal Reserve’s last policy meeting. Dollar reportedly declined as the U.S. inflation seems to be softening over Fed’s rate hike cycle ending signals. However, Bitcoin, the largest cryptocurrency continues to print green indexes. Also Read: This The post Dollar, Stocks Slide Bitcoin Shines $30K Amid Recession Fears appeared first on CoinGape.

Dollar, Stocks Slide Bitcoin Shines Amid Recession Fears

Crypto News: The digital asset market looked calm while global stocks struggled a bit in the minutes from the Federal Reserve’s last policy meeting. Dollar reportedly declined as the U.S. inflation seems to be softening over Fed’s rate hike cycle ending signals. However, Bitcoin, the largest cryptocurrency continues to print green indexes. Also Read: This The post Dollar, Stocks Slide Bitcoin Shines Amid Recession Fears appeared first on CoinGape.

Breaking: Bitcoin’s Price Jumps On Lower Than Expected U.S. CPI Data

The chronically high costs that have burdened American citizens have some highly encouraging news from the U.S. Bureau of Labor Statistics this Wednesday morning. Inflation fell sharply in March, falling to its lowest level in a year, according to the Consumer Price Index (CPI) — which is a key economic indicator that analyses the average The post Breaking: Bitcoin’s Price Jumps On Lower Than Expected U.S. CPI Data appeared first on CoinGape.

Bitcoin [BTC] breaks out, crosses $30k: Are more gains likely?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The unemployment rate remained steady, but hourly earnings increased compared to February 2023. Open interest rates and addresses holding more than 1 BTC increased.  Following a strong US jobs report, Bitcoin [BTC] finally broke […]

Bitcoin continues to shine with 98% of inflows into crypto investment products

According to CoinShares, Bitcoin received $56 million of inflows last week, which accounted for 98% of all investments into digital asset investment products. On April 11, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital asset investment products experienced positive sentiment with inflows totaling $57 million last week, bringing inflows back to a net positive position year-to-date. However, desp

Bitcoin reaches $30K — Is this the start of the next bull run?

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000. This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new high for 2023. He also covers Tether blacklisting a validator and whether Ethereum’s latest upgrade could bring institutional investors to Ethereum.Bitcoin hits $30K to mark highest price since June 2022Bitcoin ha

Major Wall Street Giants Share U.S. CPI Estimates, Will Bitcoin’s Price Rally Further?

On Wednesday, April 12, the U.S. Bureau of Labor Statistics (BLS) is slated to release the Consumer Price Index (CPI) data, which is the most significant indicator of inflation. While traders actively await the release of the CPI print, the crypto market has already recovered to a large extent with Bitcoin’s price breaching the psychological The post Major Wall Street Giants Share U.S. CPI Estimates, Will Bitcoin’s Price Rally Further? appeared first on CoinGape.

Microstrategy Bitcoin bet turns green as BTC price climbs to 10-month high

Michael Saylor, the co-founder of the Fortune 500 company, had maintained throughout the bear market that they would continue to invest in Bitcoin as they are confident in its fundamentals. Business intelligence and Fortune 500 company Microstrategy’s Bitcoin (BTC) investment has turned green again as BTC broke past the critical resistance of around $29,000 to record a new 10-month high of $31,163.Microstrategy started investing in Bitcoin in the second quarter of 2020 when

MicroStrategy Stock Spikes As Its Bitcoin Bet Turns Green

Bitcoin News: The global digital asset market registered a broad recovery on Tuesday as Bitcoin (BTC), the world’s largest crypto went on to breach the crucial $30K price level. The recent upward Bitcoin run has not only proved good for the crypto market but also for the companies who took a long bet on it. The post MicroStrategy Stock Spikes As Its Bitcoin Bet Turns Green appeared first on CoinGape.

Bitcoin hits $30K to mark highest price since June 2022

Bitcoin has hit $30,000 for the first time since June 2022 and has set a new price high for 2023. Bitcoin (BTC) has hit price highs not seen since mid-2022 with the largest crypto by market cap touching $30,000 and setting a new high for 2023.According to CoinGecko data, Bitcoin has slightly surpassed $30,000 and is at nearly $30,200 at the time of writing, a price it hasn't reached since Jun. 10, 2022.In the last 30 days, BTC recorded gains of nearly 46%, rising to its highe

BREAKING: Bitcoin (BTC) Price Hit $30,000 Exactly After 10 Months

Bitcoin price has finally hit $30,000. In the last 24 hours, the BTC price soared 6% to a 10-month high to hit the $30,000 psychological level at around 00:30 UTC on April 11. Interestingly, the Bitcoin price rally has come exactly after 10 months as it was trading at $30,000 on June 10 last year. The post BREAKING: Bitcoin (BTC) Price Hit $30,000 Exactly After 10 Months appeared first on CoinGape.

Will U.S. Inflation Data & FOMC’s Minutes Propel Bitcoin’s Price Above 30K?

Bitcoin’s price has been consolidating for almost three weeks, as it has been trading within the $28K range. Despite its stellar performance in the first quarter of 2023, BTC is unsure of its future direction. However, things could turn around throughout this week — as critical macroeconomic data comes out — leading to a shift The post Will U.S. Inflation Data & FOMC’s Minutes Propel Bitcoin’s Price Above 30K? appeared first on CoinGape.

Bitcoin Price To Breakout Above $30000 In Another Massive Move This Week

Bitcoin price has rallied over 70% this year, hitting a nine-month high of $29,159. Several notable analysts predict another massive move this week to push BTC price beyond the psychological level of $30,000 as technical, macro, and on-chain analysis indicates a bullish breakout. Analysts Predict Major Upside in Bitcoin Price Bitcoin analyst Willy Woo in The post Bitcoin Price To Breakout Above $30000 In Another Massive Move This Week appeared first on CoinGape.

More Than Half of All Circulating Bitcoin Is Dormant

Bitcoin accumulation and hodling are continuing, and a reluctance to sell means that more of the asset is becoming dormant. The post More Than Half of All Circulating Bitcoin Is Dormant appeared first on BeInCrypto.

Bitcoin Price Set To Breach $30K? BTC Open Interest Options Spikes

Bitcoin News: Bitcoin (BTC), the world’s biggest digital asset is on an upward rally as investors turn toward the crypto market amid the erupting banking crisis. This helped the Bitcoin price to surge by a massive 29% in the last 30 days to regain the crucial $28K level. However, traders now await BTC’s next price The post Bitcoin Price Set To Breach $30K? BTC Open Interest Options Spikes appeared first on CoinGape.

Is Michael Saylor Right or Wrong About Bitcoin?

MicroStrategy's CEO, Michael Saylor, has become an influential figure in the cryptocurrency world, drawing both admiration and skepticism for his unwavering belief in Bitcoin. In this article, we delve into potential outcomes and implications if Saylor's predictions for the digital asset's future prove to be wrong. The post Is Michael Saylor Right or Wrong About Bitcoin? appeared first on BeInCrypto.

Donald Trump Says the U.S. Dollar is Crashing — Is It Time to Buy Bitcoin?

As Donald Trump became the first former President to be arrested, he attacked the diminishing value of the U.S. dollar in his first statement to the public following his arraignment. The post Donald Trump Says the U.S. Dollar is Crashing — Is It Time to Buy Bitcoin? appeared first on BeInCrypto.

Banking crisis could spark the first 'extended duration Bitcoin bull market,' says Swan Bitcoin CEO

The next BTC bull market will last longer than previous ones due to the latest banking crisis, according to Swan Bitcoin CEO Cory Klippsten. The latest banking crisis could lead to “the first-ever extended duration bull market” for Bitcoin (BTC), according to Swan Bitcoin CEO Cory Klippsten.In an interview with Cointelegraph, Klippsten pointed out that far more people today know about Bitcoin as a tool to opt out of the traditional financial system than during the previous b

Bitcoin Open Interest Spikes; Where Will BTC Price Move?

Bitcoin News: Bitcoin (BTC), the world’s largest cryptocurrency extended its gaining run amid the emerging FUD in the market. Data depicts that open interest for BTC options and futures registered an all-time high (ATH) in March on the crypto exchange Deribit. However, Bitcoin price is up by over 25% in the last 30 days. Bitcoin The post Bitcoin Open Interest Spikes; Where Will BTC Price Move? appeared first on CoinGape.