Bitcoin Price Rally: Are We on the Brink of a $42,000 Breakout?
Over the weekend, BTC, the powerhouse behind the world’s most valuable cryptocurrency network, demonstrated an impressive performance, almost breaching the $27,000 resistance level. Although the market sentiment remained bullish, the inability to alleviate seller congestion resulted in a brief retracement to $26,278. Presently, Bitcoin is trading at $26,408, attracting both investors and traders seeking fresh […]
Bitcoin Enters the Final Stage of the Major Bull Trend
Cryptocurrency analyst and trader Alessio Rastani believe that Bitcoin is entering the final stage of a major bull trend considering the recent surge in its price. Bitcoin seems to be reaching the much-anticipated $100,000 soon as it breaks out the classic bullish structure. Bitcoin to break all-time high soon In a recent interview, the experienced […]
BTC’s market cap peaks at $1.211T as the price approaches its ATH
Bitcoin (BTC), the largest cryptocurrency by capitalization, has unlocked another milestone after breaching past its initial market cap all-time high (ATH) of $1.206 trillion. The digital asset achieved this feat yesterday after its capitalization swelled to $1,211,242,526,571. At the time of writing, BTC’s market cap has had a slight downward correction from its peak to […]
Analysts stand divided on how BTC will fair after ProShares’ ETF launches
Bitcoin (BTC) has been making moon shots on expectations that the US Securities Exchange Commission (SEC) will approve ProShares BTC futures exchange-traded fund (ETH). With the regulator giving the company the go-ahead to launch the ETF today, analysts are conflicted on whether the flagship cryptocurrency will continue trending higher or crash once again. Some analysts […]
What is Bitcoin (BTC)?
Bitcoin is a global digital cryptocurrency created in 2008. It is the first decentralized digital currency and has attracted many people to its use as a form of payment due to how it can be transferred without any intermediaries. Created by a person or a group of people whose identity is unknown and who goes […]
