Key points: Bitcoin’s tightening range trading signals a possible range expansion in the next few days. Select altcoins also face selling pressure, but remain above their near-term support levels. Bitcoin (BTC) continues to sell off at the $120,000 level, but the repeated retest of a resistance level tends to weaken it. If buyers do not … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin (BTC) traded little changed around $120,000, struggling to build on a weekend bounce characterized by consistent demand at around $117,000. Other tokens were less moribund. The CD20 Index, which captures about 80% of the digital asset market, rose 2% over 24 hours while the CD80 … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) The government's announcements of trade agreements with countries including Indonesia and Japan “raised hopes that the U.S. might be about to reach deals with other countries that avoid the higher tariffs,” Deutsche Bank analysts wrote in a note reported on by Reuters. That optimism has allowed … Read more
Prices of most cryptocurrencies rose on Friday as most digital assets saw their values rise. Bitcoin managed to stay above the $43,000 mark after seeing a minor spike of 0.30 percent. Over the last 24 hours, Bitcoin rose in value by $270 (roughly Rs. 22,460) and is now worth $43,942 (roughly Rs. 36.5 lakh). The … Read more
The Christmas cheer does not seem to be working out quite so magically for the crypto sector, as many altcoins on Monday, December 25 reflected losses on the price chart. Bitcoin registered a loss of 0.09 percent to trade at the price point of $42,906 (roughly Rs. 35 lakh). Over the weekend, Bitcoin pricing did … Read more
Bitcoin on Wednesday, December 27, reflected a small loss of 2.71 percent. Despite this slight decline, Bitcoin managed to retain its price above the level of $42,000 (roughly Rs. 34.9 lakh) and is currently trading at $42,218 (roughly Rs. 35 lakh). This is the third consecutive day that BTC is trading above $42,000. However, in … Read more
Bitcoin on Thursday, December 28 recorded a profit of 1.38 percent on Thursday, December 28. With this, the value of Bitcoin has risen to the price point of $43,064 (roughly Rs. 35.8 lakh). In the last 24 hours, Bitcoin has spiked in its value by $846 (roughly Rs. 70,426). At the time of writing, Bitcoin … Read more
Bitcoin on Wednesday, January 3, 2024, stepped into the trading arena with a fresh rally in its price. Reflecting a gain of over one percent, Bitcoin was trading at the price point of $45,201 (roughly Rs. 27.6 lakh). In the last few days, Bitcoin has managed to surge in pricing by over seven percent. It … Read more
Bitcoin on Tuesday, December 9 minted a substantial profit of 7.71 percent. The value of Bitcoin, for the first time in months and this year, reached the mark of $46,752 (roughly Rs. 38.8 lakh). The growth was clocked by Bitcoin just one day before the SEC’s decision on ARK/21 Share’s proposal to launch its Bitcoin … Read more
Bitcoin on Friday, December 12 clocked a loss of 1.05 percent – one day after the US SEC approved 11 BTC ETFs in a milestone decision for the global crypto sector. Bitcoin is presently trading at the price point of $46,066 (roughly Rs. 38.2 lakh). In the last 24 hours, the value of the asset … Read more