Bitcoin Live Updates

Bitcoin Bounces Back in Cautious Market

Bitcoin is demonstrating a recovery trend, currently stabilizing around $91,000 after bouncing back from the mid-$80,000 range, as highlighted in an analysis. This resurgence establishes a cautiously optimistic sentiment after last week’s decline, as buyers are stepping in at reduced price points. Nonetheless, the overall market sentiment continues to show inconsistency across multiple indicators, including … Read more

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Bitcoin Reclaims Control as Crypto Market Resets

The crypto market has experienced a significant reset in recent weeks, characterized by widespread liquidations, reduced liquidity, and a clear decline in risk appetite. Bitcoin experienced a decline from its recent peaks, yet it demonstrated a significantly stronger performance compared to the broader market. Altcoins experienced much sharper declines, funding rates turned negative universally, and … Read more

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Bitcoin at a Pivotal Level Breakout or Breakdown Ahead

Bitcoin is currently at a pivotal juncture, teetering between two significant price levels that may dictate its forthcoming trajectory. Buyers and sellers are engaged in a fierce contest, with the market poised for a critical breakout. A breakthrough above crucial resistance may pave the way to $107,000, whereas a failure at support could lead to … Read more

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Bitcoin Dips to $88,000, Yet JPMorgan Sticks with $170,000 Goal

Bitcoin price experienced a significant drop, falling into the $88,000s yesterday, marking a decline of over 4%. The cryptocurrency is currently hovering close to its seven-day low of $88,091, sitting approximately 4% beneath its seven-day high of $92,805. Bitcoin’s global market capitalization currently sits at $1.77 trillion, accompanied by a 24-hour trading volume of $48 … Read more

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Bitcoin’s Market Echoes Q1 2022 as Demand Weakens

Bitcoin has found stability above crucial levels, but the market dynamics are reminiscent of early 2022, with more than 25% of the supply currently underwater. Weakening demand is evident across ETFs and futures, presenting potential risks. Bitcoin’s market dynamics are presently reminiscent of early 2022, with substantial segments of supply remaining underwater, as per reports. … Read more

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Bitcoin Soars to $94,000 on Institutional Demand

Bitcoin is currently trading around $93,000, with approximately $81 billion in transactions occurring over the last 24 hours. The price has increased by 3% today, currently sitting just 1% shy of the day’s peak at $93,929 and approximately 3% above the weekly low around $90,837. Nearly 19.96 million BTC are currently in circulation, approaching the … Read more

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Bitcoin Stocks Surge as Strategy Sparks Sector Comeback

Bitcoin-linked stocks experienced a significant surge as the wider crypto market made a notable recovery, with Bitcoin successfully reclaiming the $91,000 mark. Strategy emerged as the standout performer, surging at a pace that outstripped both Bitcoin and many leading tech stocks on several occasions. MSTR shares surged by 8.66% at one point, reaching $186.26, buoyed … Read more

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Analysts Expect Bitcoin to Fall to $75,000 at $85,000

The bitcoin price entered December with notable volatility, dropping 8% early Monday to the mid-$84,000s before recovering to around $85,456 at the time of writing. The world’s largest digital asset is currently hovering around a crucial $85,000 mark — a price range that analysts suggest could dictate whether bitcoin’s value stabilizes or descends towards a … Read more

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Bitcoin Slides Below $88K as Selloff Deepens

Bitcoin and the broader cryptocurrency market witnessed a notable decline on 1 December as fresh selling pressure emerged. Bitcoin dropped 4.3%, falling below $88,000 in early Asian trading, while Ether declined 6%, slipping under $2,900, according to the reports. Data shows that the 24-hour fall contributed to a 30-day decline of 19.85%, worsened by leveraged … Read more

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Bitcoin Faces Profit-Taking Pressure Above $90K

Bitcoin has regained price levels above $90,000, recovering after remaining under this important threshold for the majority of the past two weeks. During this timeframe, the leading cryptocurrency experienced a drop to a low of $80,600, representing a decline of over 10% from the previously mentioned support level. With the price hovering around 90,000, indications … Read more