Bitcoin Price Approaches $29K
In the past day, Bitcoin saw more than $75 million worth of long and short liquidation. Shorts worth $61.21 million were liquidated. The worldwide digital asset market experienced a tremendous rally on Wednesday, as the price of the largest cryptocurrency, Bitcoin (BTC), increased by approximately 8% over the previous twenty-four hours. According to the data, […]
Bitcoin remains Twitter king over Dogecoin
A new data analysis shows that Bitcoin is more popular on Twitter than Dogecoin, even with the recent surge of interest in meme tokens. BitcoinInfoCharts, an analytics platform, reveals far more tweets about Bitcoin than Dogecoin despite the spike in meme token activity in the past month. Users posted over 200 thousand tweets about Bitcoin […]
Bitcoin Hits Record High in Argentine Pesos Amid Economic Woes
Bitcoin (BTC) has reached an all-time high price in Argentine pesos, as the local currency suffers from high inflation and capital controls. The peso (ARS) has been dogged by inflation in recent years. This has intensified recently, with inflation now topping the 100% mark. BTC’s popularity, meanwhile, is on the rise in Argentina. Currently, 1 […]
BTC prepares for a relief rally as bulls take charge
Over the previous day on the BTC chart, the price of bitcoin maintained a support level after bouncing off the $15,400 price mark. Ever since then BTC has been fluctuating around the $16,000 price level over the past 24 hours. Bitcoin is waiting for a breakout as it is now trading sideways following the recovery. […]
Bitcoin Trades, Losing on Fed Day? We’ll Find Out
Five of the six days after the Federal Reserve announced new interest rates, the price of BTC went in the opposite direction. This year, the price of bitcoin has changed direction five out of six times after the U.S. central bank made a decision about interest rates. On three occasions, the price of BTC fell […]