Bitcoin price struggled to maintain its position above the $76,500 support zone. BTC continued to linger in a bearish territory, further extending its losses beneath the $76,000 mark. A decline occurred beneath the $75,500 threshold. The price even dipped below $75,000. The price hit a low of $74,940 and is currently consolidating its losses. A … Read more
As Bitcoin approaches a pivotal support level, analysts are cautioning that this week is crucial for the leading cryptocurrency, potentially determining the fate of its recovery rally. On Tuesday, Bitcoin fell beneath the $76,000 support level for the first time in a week, hitting $75,666 before making a recovery. The leading cryptocurrency has been fluctuating … Read more
Bitcoin surged beyond the $78,000 threshold for the first time since February 4, as market sentiment shifted favorably following Iran’s declaration that the Strait of Hormuz is now “completely open,” at least during the ongoing ceasefire. Data reveals that the cryptocurrency not only hit the threshold but surged to an intraday high of $78,348. Despite … Read more
Bitcoin traded at $70,981 on Thursday, down 0.5% over 24 hours but still up 6.1% on the week, as the two-week ceasefire between the U.S. and Iran that triggered Tuesday’s broad rally began showing cracks less than 48 hours after it was announced. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated that three clauses of the … Read more
Bitcoin’s price experienced a decline following President Donald Trump’s indication of a possible increase in military action against Iran. This development led to a widespread pullback in global markets and sparked concerns about the potential for Bitcoin to test lower support levels. Following Trump’s address on April 1, Bitcoin’s price experienced a significant decline, plummeting … Read more
Bitcoin began the week with a notable rise, surpassing $71,000, before pulling back, highlighting the market’s heightened responsiveness to geopolitical tensions between the U.S. and Iran. The leading cryptocurrency dipped below $68,000 over the weekend, causing unease among investors as markets processed mixed signals regarding peace negotiations in the Middle East. Monday’s spike followed the … Read more
Bitcoin has initiated a significant drop, falling below $71,200 and $70,500. The price is currently trading under $70,500 and below the 100 hourly simple moving average. A bearish trend line is emerging, showing resistance at $69,200 on the hourly chart for the BTC/USD pair, according to data. The pair could face further declines if it … Read more
Bitcoin’s price dipped below the $70,000 mark, influenced by a spike in energy costs and a consistent approach from the Federal Reserve, which bolstered the dollar and reduced the appeal of risk assets. The largest cryptocurrency hovered around $69,500, continuing its downward trend from the previous session as crude oil markets surged due to rising … Read more
Bitcoin price hovered around $75,000, following an impressive eight-day streak that has brought the asset near a significant psychological threshold. The recent surge signifies a notable rebound from February’s lows around $60,000, reigniting discussions on whether the market has indeed reached a bottom. The world’s largest cryptocurrency surged past $75,000 yesterday during U.S. trading hours, … Read more
Bitcoin surged past the $74,000 mark following several unsuccessful attempts, igniting a widespread crypto rally that propelled ether, solana, and other significant tokens to achieve their most substantial weekly gains since prior to the war. Recent developments in the Strait of Hormuz indicate a potential de-escalation, with a limited reopening to commercial shipping and a … Read more