BTC
The most well-known cryptocurrency, based on the proof-of-work blockchain. Bitcoin was created in 2009 by a mysterious creator, Satoshi Nakomoto, and its technology outlined by the white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.”
Bitcoin May Continue to Face Headwind after Plunging to $53,500
Bitcoin plummeted to as low as $53.5K on May 11. However, the lowest concentration of Bitcoin whales is around $52K, which means that this may be the current floor price of Bitcoin.
Bitcoin Struggles to Maintain Its Dominance
Bitcoin’s dominance has fallen to 44%, which is the lowest level BTC has gotten since 2018.
New Market Entrants Caused the Recent Bitcoin Panic Selling, says Glassnode
Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that the recent Bitcoin price drop was triggered by new entrants in the market.
Bitcoin Needs to Flip $56.5K to Support Level to Retest $60,000, says Market Analyst
Market analyst Michael van de Poppe believes that Bitcoin will have to flip the $56.5K resistance level to support if the cryptocurrency wishes to retest $60,000.
Bitcoin Hits Two-Week High But Traders Are Not Convinced of The Hype
Despite Bitcoin rebounding above $58.4K, traders are not buying into the hype, according to on-chain metrics provider Santiment.
$3.6 Billion Worth of Bitcoin Options Will Expire Today
Today, $3.6 billion in Bitcoin options will expire. This provides investors with the last opportunity to buy or sell Bitcoin at a predetermined price.
Bitcoin Has The Right Catalysts to Push its Price to $100,000 - Bloomberg
Mike McGlone lists institutional backing, ETFs as part of the catalysts that will push BTC to $100,000
Bitcoin Surges amid Tesla's Bitcoin Sales
After nosediving below the psychological price of $50k, Bitcoin (BTC) is back on top, gaining more than 9.7% in the last 24 hours.
Bitcoin Rebounds Strongly after Hitting a 7-Week Low
Today, Bitcoin (BTC) rebounded strongly to $53K after plummeting to a low of around $47,000 on April 25.
Bitcoin Bleeds Across the Board as BTC Drops to a 6-Week Price Low
Market analyst Joseph Young believes that fear is causing the Bitcoin market to drop.