Record Trading Highs behind Bitcoin Price Highs
The recent highs struck by the Bitcoin price goes hand-in-hand with the largest ever amounts of the cryptocurrency traded. The price of Bitcoin has been on a wild surge lately and recently struck a year-high of $502 on November 4th before the unpredictability saw prices take a dip this past week to a price of $363.88 at the time of publishing. While Bitcoin pricing remains indecisive, it's significant to note that Bitcoin trading volume reached record highs in a period that saw the largest volume of bitcoins traded. Ever. The Numbers. As Bitcoin price surged to reach a then-year-high and a....
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Volatility has stayed relatively low through bitcoin’s slow march toward record highs.
Bitcoin is rallying again, pushing into new highs above $35,000. Bitcoin is continuing to set new price records, breaking above $35,000 for the first time ever on Jan. 5.After setting its past record of roughly $34,800 on Jan. 3, BTC posted a fast retracement down to $28,000 the following day.However, the crash was short-lived, with BTC quickly recovering, and pressing into new all-time highs above $35,800 around 4.30am (UTC).Bitcoin has now gained roughly 80% since breaking into new highs on Dec. 16, and is up 22% in seven days.BTC/USDT 1H chart, Binance: TradingViewThe new record was....
Bitcoin prices are near all-time high, while its one-month implied volatility metric has jumped to four-month highs.
Bitcoin has begun to slide lower over the past few days as selling pressure has tapered off at the $16,500 highs. The leading cryptocurrency currently trades for $15,900, a few percent below those highs but still situated above key support levels. Analysts remain optimistic despite the downward-sloping price action. One trader says that if the […]
The past two weeks has seen Bitcoin’s price value soaring to new levels since Bitcoin.com’s last price trend analysis. The fiat value per BTC came very close to this past June’s high but fell short at $778 on December 2. Since then, the cryptocurrency’s price has dipped roughly 2.3% to a low of $748 at press time. However, charts still look as though the....