Tag: Bitcoin Price

Charles Edwards of Capriole Investments says that despite the current headwinds, Bitcoin’s fair value sits at $45,000. Bitcoin’s price is trading in a frustratingly tight range between $25,500 and $26,500, leaving traders unsure of the next direction that the asset could take. However, Charles Edwards, founder of Capriole Investments, believes that Bitcoin’s current price presents a low-risk…

Bitcoin investors sit on their hands at $26,000 — can a velocity rebound reproduce the kind of breakout seen three years ago? Bitcoin on-chain activity is at levels last seen before its run to 2021 all-time highs, data shows. In an X (formerly Twitter) post on Aug. 25, Ki Young Ju, CEO of analytics platform CryptoQuant, revealed multiyear…

BTC price action is causing some to panic, but Bitcoin miner confidence in the network is there for all to see. Bitcoin network fundamentals are in no mood to follow bearish BTC price action this week. The latest on-chain data confirms that difficulty has hit new all-time highs, with hash rate not far behind. Bitcoin mining difficulty ends…

Digital asset investment products saw $55 million in outflows for the week of Sept. 13, according to a report from CoinShares. Optimism surrounding what was previously thought to be the impending approval of a spot-based Bitcoin exchange-traded fund (ETF) has begun to give way as $42 million worth of the week’s outflows came from BTC…

Bitcoin is giving plenty of longtime market participants reason to forecast a return to its previous cycle’s $20,000 all-time high — or worse. Bitcoin hovered above $26,000 into the Aug. 20 weekly close as doomsday BTC price targets kept coming. Analysis: Bitcoin may see new ‘generational buying opportunity’ Data from Cointelegraph Markets Pro and TradingView showed an eerie calm covering…

Bitcoin’s price fell approximately 8% in a span of 10 minutes, leaving crypto investors scrambling to make sense of the drop. Elon Musk’s SpaceX reportedly selling its Bitcoin holdings, the bankruptcy of a Chinese property giant, and fears of interest rate hikes have been among the theories raised as to Bitcoin’s freak price dip. On Aug. 18 around…