Bitcoin Price

Bitcoin Price refers to the current value of Bitcoin (BTC) in the global cryptocurrency market. As the first and most prominent digital currency, Bitcoin's price is a significant indicator of the overall health of the cryptocurrency market. It is determined by supply and demand dynamics, influenced by factors such as market sentiment, regulatory news, technological advancements, and macroeconomic trends. Bitcoin's price is also closely watched by traditional finance professionals, given its potential as a digital asset and a hedge against inflation. It's traded on various cryptocurrency exchanges, including Coinbase, Binance, and Kraken.

Markets

Bitcoin Dips Below $38K, Support at $30K-$32K

BTC is in danger of breaking below a short-term uptrend.

By Damanick DantesMay 5, 2022

El gráfico de bitcoin muestra el soporte/resistencia de los últimos 20 días. (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin and Stocks Rise After Fed Raises Rates; Growth Concerns Ease

BTC rose by 5% over the past 24 hours as bearish sentiment waned.

By Damanick Dantes, Angelique ChenMay 4, 2022

U.S. Federal Reserve building (Shutterstock)

Markets

Bitcoin Downtrend Stabilizes, Resistance at $40K-$43K

Expect choppy price action within the current trading range.

By Damanick DantesMay 4, 2022

Bitcoin's daily price chart shows support/resistance with RSI on the bottom. (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility

BTC is roughly flat over the past week, although some option traders have hedged against further price declines.

By Damanick Dantes, Angelique ChenMay 3, 2022

(Jacob Townsend/Unsplash)

Markets

Bitcoin Stalls Below $40K Resistance, Support at $30K-$32K

BTC is at risk of a breakdown as price momentum slows.

By Damanick DantesMay 3, 2022

Bitcoin gráfico diario muestra soporte/resistencia RSI (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Cryptos and Stocks Mixed; Bitcoin Outperforms Altcoins

Choppy trading in stocks and cryptos reflects uncertainty among global investors.

By Damanick Dantes, Angelique ChenMay 2, 2022

Volatility ahead (Matt Hardy/Unsplash)

Markets

Bitcoin Downtrend Intact; Support at $37K

A decisive breakout or breakdown could occur this month.

By Damanick DantesMay 2, 2022

Bitcoin daily price chart shows support/resistance. (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Cryptos and Stocks Dip Ahead of Seasonally Strong May

BTC is lagging equities and gold so far this year, although returns are typically positive in May.

By Damanick DantesApr 29, 2022

Investors look toward May (Maddi Bazzocco, Unsplash)

Markets

Bitcoin Momentum Weakens; Support at $35K-$37K

BTC's trading range could persist into the following week.

By Damanick DantesApr 29, 2022

El gráfico semanal de bitcoin muestra el soporte/resistencia (Damanick Dantes/CoinDesk, TradingView)

Markets

Market Wrap: Cryptos Mixed as Bitcoin Trades Near $40K

BTC is on track for a 15% decline this month, compared with a 13% loss in ETH.

By Damanick Dantes, Angelique ChenApr 28, 2022

Searching for signs of stability (Julian Hochgesang/Unsplash, modified by CoinDesk)
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Latest Crypto News

Today
6:57 AM
Negative
BTC0.00%
Bitcoin and ether ETFs see outflows ahead of Christmas, led by IBIT and ETHE
The biggest single-day exit came from BlackRock’s IBIT, which saw $91.37 million leave the fund. Grayscale’s GBTC followed with a $24.62 million outflow.
6:46 AM
Neutral
XRP ETF net assets cross $1.25 billion milestone, but price-action muted
XRP remains in a $1.85–$1.91 range, with strong selling near $1.90 and consistent bids near $1.86, suggesting a potential decisive break ahead.
4:48 AM
Neutral
Bitcoin briefly trades at $24,000 on Binance’s USD1 pair in flash move
Such sudden price changes are often due to thin liquidity and can be exacerbated by fewer active traders during quieter hours.

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