Category: Bitcoin Price

Bitcoin slides under $35K despite Biden unveiling $1.9 trillion stimulus

January 15, 2021

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Positive reactions to a $1.9 trillion stimulus package combines to squash Bitcoin’s bullish sentiment. 400 Total views 5 Total shares Bitcoin (BTC) fell below $35,000 on Jan. 15 as renewed strength in the U.S. dollar piled pressure on the largest cryptocurrency. BTC bounced off support at $34,300 and is trading at $35,300 at the time […]

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Bitcoin refuses to ‘die’ as BTC price hits $40K just three days after crash

January 14, 2021

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Bitcoin (BTC) surged higher on Jan. 14, reaching $40,000 on Coinbase amid fresh evidence of new large buys on exchanges. BTC/USD weekly price candles (Coinbase). Source: Tradingview BTC price adds $10,000 in three days Data from Cointelegraph Markets and TradingView tracked BTC/USD as the pair delivered even more bullish surprises during Thursday trading, adding over 17% in […]

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‘Drive your lambos to the moon,’ says Lindsay Lohan in crypto promotion video

January 13, 2021

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The celebrity was commissioned to record a promotional video for cryptocurrency in which she forecast new all-time price highs for Bitcoin and Ether. 3109 Total views 19 Total shares The crypto bull season, and the accompanying hype, is undoubtedly upon us. Recalling some of the celebrities who got in on crypto during the historic winter […]

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Bitcoin’s 20% rebound in one day is one of its biggest ever — But there’s a catch

January 12, 2021

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The price of Bitcoin (BTC) rose 20% on Jan. 12, from $30,500 to around $36,600, across major exchanges. But while the rebound after the correction has been strong, there are two warning signs. BTC/USDT 1-hour price chart (Binance). Source: TradingView.com First, the funding rate in the futures market remains high. The funding rate is a mechanism […]

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Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut

January 12, 2021

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Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports. 11179 Total views 36 Total shares The dollar value of Bitcoin (BTC) jumped 20% overnight leading into Jan. 12, as the world’s most well-known cryptocurrency recovered swiftly from a 27% decline suffered […]

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Where does this 28% Bitcoin price drop rank in history? Not even in the top 5

January 12, 2021

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At 28%, this weekend’s BTC price action was decidedly average compared to the cryptocurrency’s run-up to 2017 all-time highs. 19728 Total views 38 Total shares Bitcoin (BTC) may have dipped 28% in recent days but analysts have already put the scale of the losses firmly in context.  As noted on Jan.12 by Nathaniel Whittemore, host […]

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Does a stronger dollar mean Bitcoin price is destined to lose $30K?

January 11, 2021

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Bitcoin price has been accelerating massively in recent months, with Bitcoin (BTC) rallying from $10,000 to $41,500. This rally went vertical without any major corrections in between. However, every upward cycle has its standard 30% corrections, which can even be considered healthy for more upside. Bitcoin’s price started to fall south in the past days […]

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Bitcoin hit by $2.7 billion futures liquidation frenzy: What happens next?

January 11, 2021

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Over $2.7 billion worth of futures contracts were liquidated in the last 24 hours, based on data from Bybt. This caused the price of Bitcoin (BTC) to see a large drop in a short time frame as it plunged from over $41,000 to under $32,600. BTC/USDT 4-hour price chart (Binance). Source: TradingView.com Why would mass […]

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Bitcoin whales are profiting as ‘weak hands’ sell BTC throughout $40K bull run

January 11, 2021

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High or low, Bitcoin is still being shaken out of small investors and flowing to “millionaire” wallets, data confirms this week. 29177 Total views 176 Total shares Bitcoin (BTC) is changing hands fast after its drop to $32,000, and only millionaires are winning, data shows. Statistics governing wallet balances from Glassnode on Jan. 11 reveal […]

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Dash price explodes 100%, BCH breaks out as Bitcoin cools off below $40K

January 10, 2021

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The price of Bitcoin has dropped below $40,000 as several high-cap coins return to the spotlight. 14674 Total views 33 Total shares Bitcoin (BTC) price has once again dropped below the $40,000 level on Jan. 10 after crisscrossing it for the past three days as the spotlight shifted to altcoins, namely Dash (DASH) and Bitcoin […]

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