Trend of the Week Bitcoin’s halving anniversary: This time was different. One year after the 2024 halving, Bitcoin is trading between $80,000 and $90,000, making this the weakest post-halving performance on record in terms of percentage growth. After previous halvings, Bitcoin typically rallied strongly within 12 months: following the 2012 halving, BTC’s price saw an…
The cryptocurrency mining company Bitdeer has recently secured a funding of 60 million dollars with the aim of expanding the production of ASIC for Bitcoin mining and strengthening its self-mining operations. This happens at a time when competition in the sector is becoming increasingly fierce. This investment comes in a context where the hashrate of…
Bitcoin BTCUSD hit six-week highs on April 22 as US trade war tensions emboldened crypto bulls. Bitcoin lines up resistance flips around $90,000 Data from Cointelegraph Markets Pro and TradingView showed BTCUSD above $91,000 after the Wall Street open — its highest since March 7. Bitcoin and gold benefited from increasing market nerves over how…
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Shiba Inu price continued to rally on Tuesday as both the stock and crypto markets posted modest recoveries. Shiba Inu (SHIB) climbed to $0.00001290, its highest level since March 29, and is now up nearly 30% from its lowest point this year. The ongoing recovery was broad-based as Bitcoin (BTC) and most altcoins jumped. Bitcoin…
Bitcoin (BTC), the world’s leading digital currency, is showing promise as it has regained dominance in the cryptocurrency space. According to CoinMarketCap data, Bitcoin Dominance (BTC.D) has hit 63.5% after its price skyrocketed by 3%. Bitcoin reclaims market share as altcoins retreat For clarity, BTC.D refers to the percentage of the total crypto market capitalization…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The general crypto market has begun to experience bullish movements, and Bitcoin, the largest digital asset, surged briefly from $84,000 to the $88,400 threshold. As BTC’s price undergoes a slight uptick, several areas of its market dynamics saw a notable increase, such…
Bitcoin (BTC) is trading above $90,500 this morning, up more than 3% in the last 24 hours — extending a bullish run that began late Sunday. The sudden price surge has sparked fresh optimism across the crypto markets. But what exactly is driving Bitcoin higher today? 📈 Key Reasons Bitcoin Is Up on April 22,…
Bitcoin (BTC) has had an impressive bounce back, crossing above the $90,000 for the first time on Monday since March 7, this year, as per reports. Bitcoin Outshines Equities Markets The largest cryptocurrency has appreciated by over 5% in the last five days, a complete turnaround from the downward trajectory of legacy equities, as per…
Bitcoin (BTC) has surged past $90,800 this morning, marking a significant 3.72% increase over the past 24 hours. This rally positions BTC near its highest levels since early March, signaling renewed investor confidence in the cryptocurrency market. Key Drivers Behind Bitcoin’s Rally Weakening U.S. Dollar The U.S. dollar index has fallen to a three-year low,…