Bitcoin price was trading sideways after hitting highs of $22,300, with major US indexes also down. The markets’ reaction comes after hotter-than-expected inflation data for the first month of 2023. US CPI rose 0.5% over the month and 6.5% year-over-year. Bitcoin was holding just above
Key Takeaways Bitcoin is up nearly 50% thus far this year, but there have been no positive catalysts from within the industry Rally is nothing but macro-driven, writes our Analyst, with Nasdaq up 16% and Bitcoin continuing to trade like a levered bet on the
Bitcoin reached highs of $25,230 across major exchanges, its highest price level in over six months. BTC price moved above its 200-week moving average’ Analysts say bulls could target fresh gains as a bullish signal flashes. Bitcoin broke above $25,000 as the momentum that pushed
Key Takeaways Inflation in Argentina is now near 100%, as savings in the peso are getting crushed Bitcoin, despite collapsing in the last year, is up in peso terms Weak currencies are often cited as benefits of Bitcoin, but in the case of Argentina, it
MicroStrategy registered $34 million in its first-ever bitcoin sale. The company registered a paper loss of over 1 billion in 2022. MicroStrategy made its first bitcoin purchase in August 2020. Despite making a paper loss of about $1.3 billion in 2022, MicroStrategy’s chief financial officer,
Bitcoin price fell slightly to retest support near $23,250 on Friday. The top cryptocurrency’s price action mirrored early trades on Wall Street as the market reacted to US economic data. The US added 517,000 jobs, against an estimated 188,000 and unemployment fell to 53-year low
Jasmy Coin price has jumped by over 152% from its 2022 low. The coin has more room to run but a short-term pullback can’t be ruled out. The Jasmy Coin price rose on Monday, continuing a bullish trend that started in December when it dropped
Lightning Network has reached over 5,490 in Bitcoin payments capacity, an all-time high. Transactions in BTC on the layer-2 payments network have increased roughly 63% since January 2022. The increased Bitcoin micropayments via Lightning Network comes as BTC price retreats below $23k after a great