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Bitcoin Price action

Grayscale’s $529 Million BTC Move To Coinbase Pushes Price Below $41,000

by Isaac Wright
Grayscale’s 9 Million BTC Move To Coinbase Pushes Price Below ,000

Bitcoin (BTC), the largest cryptocurrency in the market, has experienced a sharp drop below the $41,000 mark as exchange-traded funds (ETFs) for Bitcoin went live on January 12.  The subsequent …

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King Crypto’s Worst Week Has Investors Shivering Near $35,000

by Isaac Wright
King Crypto’s Worst Week Has Investors Shivering Near ,000

The Bitcoin market is experiencing a period of adjustment following the much-anticipated launch of US spot ETFs last week. After a surge to a two-year high near $49,000, the leading …

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Buy Low, Sell High? Bitcoin Wobbles As ETF Fever Cool Downs

by Isaac Wright
Buy Low, Sell High? Bitcoin Wobbles As ETF Fever Cool Downs

In a week etched in crypto history, the long-awaited arrival of Bitcoin ETFs in the US sent shockwaves through the market. Yet, despite the monumental achievement, the king of crypto, …

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Bitcoin Price Suffers Post-Spot ETF Blues, Drops 7% To $43,200

by Isaac Wright
Bitcoin Price Suffers Post-Spot ETF Blues, Drops 7% To ,200

The introduction of Bitcoin (BTC) exchange-traded funds (ETFs) has triggered a significant sell-off, leading to a sharp decline in the Bitcoin price. After gaining approval and commencing trading on Thursday, …

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Analysts Caution Against Missing Out As BTC May Surge To $500k With ETF Launch

by Isaac Wright
Analysts Caution Against Missing Out As BTC May Surge To 0k With ETF Launch

As the Bitcoin price has regained previously lost territory, following reports suggesting that the US Securities and Exchange Commission (SEC) would reject the long-awaited Bitcoin spot exchange-traded funds (ETFs), new …

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Ascending Parallel Channel Pattern Points To $57,000 Target

by Isaac Wright
Ascending Parallel Channel Pattern Points To ,000 Target

As anticipation builds around the potential approval or rejection of spot Bitcoin (BTC) exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC) on January 5, the Bitcoin price …

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Mt. Gox Repayment Rumors Cause Bitcoin Price To Drop To $42,000, Market In Turmoil

by Isaac Wright
Mt. Gox Repayment Rumors Cause Bitcoin Price To Drop To ,000, Market In Turmoil

Mt. Gox, the infamous Bitcoin exchange that suffered a major hack over a decade ago, has allegedly finally begun the process of repaying its customers for the 850,000 lost Bitcoin. …

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Traders Employ Hedging Tactics, Bloomberg Unveils

by Isaac Wright
Traders Employ Hedging Tactics, Bloomberg Unveils

As the long-awaited deadline for a positive or negative decision on spot Bitcoin ETF applications approaches, Bloomberg reports that the BTC options market is seeing increased hedging activity as traders …

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FASB’s Fair Value Recognition Reignites $42,000 Support Recovery

by Isaac Wright
FASB’s Fair Value Recognition Reignites ,000 Support Recovery

The Bitcoin price experienced a notable downturn as selling pressure intensified, resulting in a decline of over 4% from its annual peak of $44,500. This downturn was further exacerbated by …

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Bitcoin $42,000 Support Under Pressure As Short Position Inflows Soar

by Isaac Wright
Bitcoin ,000 Support Under Pressure As Short Position Inflows Soar

Bitcoin (BTC) recently experienced a sharp decline, tumbling towards $40,000 amid a broader sell-off across the cryptocurrency market. While the most significant token managed to recover some losses, currently trading …

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