Bitcoin Price Surge: Nears $100,000 Mark Post Breakthrough Of 10-Week High
The market’s largest cryptocurrency, Bitcoin (BTC), is once again nearing the $100,000 milestone, following a significant rally that has seen the cryptocurrency reach its highest price since late February. After experiencing downward pressure attributed to Donald Trump’s tariff policies, which triggered a sell-off across both the stock and digital asset markets, Bitcoin’s resurgence showcases a renewed bullish appetite among investors. Bitcoin Rebounds With $3.2 Billion In ETF Inflows To close the first quarter of the year, Bitcoin faced a steep decline, dropping as much as 30%....
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Bitcoin price broke out of resistance to surge past the $400 mark. Current outlook puts it at $410-$420 by the end of this week. Bitcoin price just crossed the $400 mark! The digital currency has been struggling between the $370s and $380s for weeks before it could break out of the resistance and surge ahead. The increase in price can be contributed to different factors, starting with people trading their altcoins for bitcoin as altcoin prices are exhibiting a downward trend. Last week ethereum saw an unprecedented increase in value after the price peaked to an all-time high of 0.0171 BTC....
Bitcoin price has continued its surge in the most recent rally that began last week and is close to ringing in the $600 milestone. The Bitstamp Price Index (BPI) struck a high of $585 today, continuing its strong surge that began during the last days of May. Having plateaued around the $450 mark for much of the past few weeks, BPI soared from $469.40 to $500.56 on May 28th, in a rally that started the day before and one which is now nearing toward $600. At the time of publishing, bitcoin was trading to the dollar at $584.52. Today’s high of $585 on the BPI rang in at 07:45 UTC. The last....
Binance Coin (BNB) has surpassed the $300 mark after its price surge over the week. The token was trading at around $274 per coin last Thursday and even threatened to fall lower as the week progressed. However, Tuesday saw the coin recover, adding around 5% profit to trade at $289. It has been smooth sailing from then onward for BNB as it continues to climb higher in value. As of writing this article, BNB is currently trading at $313. BNB’s $300-mark breakthrough comes at the same time popular meme coin Dogecoin adds over 90% value in a week. BNB is currently ranked the 4th largest....
The crypto economy has jumped over the $400 billion mark and is now hovering around $414 billion at the time of publication. The largest crypto asset in terms of market cap, bitcoin has climbed over 9% during the last 24 hours steadily marching toward the $15k zone. During the last 30 days, Bitcoin (BTC) has gained over 39% touching a new all-time 2020 high of $14,964 on Bitstamp, Thursday morning. Bitcoin (BTC) is up 9.8% during the last seven days and 27.3% during the last 90 days. Bloomberg Senior Commodity Strategist, Mike McGlone, expects BTC to go “parabolic” in....
On-chain data shows the Bitcoin mining hashrate has neared its all-time high (ATH) as BTC has recovered beyond the $67,000 mark. 7-Day Average Bitcoin Mining Hashrate Has Seen A Surge Recently The “mining hashrate” refers to a metric that keeps track of the total computing power the miners have currently connected with the Bitcoin blockchain. […]