BTCUSD | A complete CoinDesk Bitcoin Price Index (XBX) cryptocurrency overview by MarketWatch. View the latest cryptocurrency news, crypto prices and market data.
But traders and investors could also see this as a chance to cash out—especially if they bought near the top during the last crypto rally in late 2021, and have been holding on waiting for prices to bounce back.
Data was taken from CoinMarketCap, a popular cryptocurrency data aggregator.1Prices were sampled from October 2017 to August 2024, taken at midnight each day. Average price and volume changes were measured for the five-year period and each weekday from January 2022 to August 2024. Bitcoin's P...
Bitcoin prices are continuing to hit new record highs Japanese yen bitcoin markets are also trading higher than U.S. dollar markets, with the yen-bitcoin cross trading at 228,783.29 yen or $2,058. This is higher than CoinDesk's bitcoin price index. Given that the Japanese yen has the hig...
In October, Bitcoin retested this resistance point only to fall back down. On November 4th, Bitcoin pushed straight through $14,000 and continued higher. This is significant because Bitcoin's next resistance point is its previous all-time high of $20,000. ...
Bitcoin prices have jumped more than 500 per cent in the past two years, with some investors — primarily amateur retail investors but also some professionals — drawn in by the theory that returns could be uncorrelated to other assets. But as more hedge funds and other big investors get invo...
Prices later eased to below $12,000 but were still up more than 35% for the week. While its price moves can be opaque, analysts largely attributed the bitcoin bounce to more interest in the space following Facebook's announcement of a cryptocurrency project, key technical levels being broken...
Washington officials have been talking about regulating digital currencies more, and worries about a heavier hand have played a role in the recent swoon in prices. Gary Gensler, who took over as chairman of the Securities and Exchange Commission last month, has said that cryptocurrency markets woul...
Lark Davis detailed recent bitcoin market behavior, noting the decline in short prices and understanding the importance of breaking through key support levels. He believes that if Bitcoin maintains these levels, the bullish momentum can continue and is likely to move towards the key target of $72...
After a year of spiralling prices, bears warn of the growing risk of a 2018-style collapse. Bitcoin bulls argue that the current rally is different from the 2018 bubble burst, when the price collapsed from above $16,000 to just $3,000. Today, they say, it is driven by demand from pr...