bitcoin price | ForkLog

ForkLog 50 02.01.2025

CoinShares researcher forecasts bitcoin at $150,000

James Butterfill, head of research at CoinShares, predicts that in 2025 bitcoin’s price will be in the $80,000–150,000 range. He says one should not rule out the asset’s market capitalisation rising from the current 10% of gold’s market value to 25% over the long term. In that case, the first cryptocurrency’s price would reach $250,000, […]

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ForkLog 21 28.12.2024

Galaxy Analysts Forecast Bitcoin at $185,000

Bitcoin is expected to surpass $150,000 in the first half of the year and test or exceed $185,000 in the fourth quarter of 2025, according to analysts at Galaxy Research.

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ForkLog 7 28.12.2024

Analyst Predicts Bitcoin Selling Pressure and Increased Volatility

A CryptoQuant contributor known as IT Tech highlighted a rise in bitcoin reserves on centralized exchanges—approximately 20,000 BTC in recent days.

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ForkLog 16 19.12.2024

Fed Chair Dismisses Idea of US Bitcoin Reserve

Jerome Powell, Chairman of the Federal Reserve, indicated that the institution is not interested in establishing a national bitcoin reserve. Following the statement, the cryptocurrency’s price barely held the $100,000 level. On December 18, the Federal Reserve announced a reduction in the key interest rate by 25 basis points, bringing it to 4.25-4.5% per annum. […]

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ForkLog 11 17.12.2024

Whales Show Reluctance to Sell Bitcoin, Analyst Observes

Large holders of the leading cryptocurrency have yet to commence active selling, asserts CryptoQuant contributor known as CryptoOnchain.

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ForkLog 12 16.12.2024

Bitcoin Surges Past $107,000 Mark

On December 16, the price of the leading cryptocurrency surpassed $106,000. On Binance, the asset reached $106,648. Hourly chart of BTC/USDT on Binance. Data: TradingView. December 16, 2024 | 19:45Update: In the evening, the price of digital gold hit a new high for the second time that day. On Binance, it reached $107,200. 15-minute chart […]

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ForkLog 12 14.12.2024

Central Bank Policies Support Bitcoin’s $100,000 Level, Says Expert

Bitcoin maintains the psychological threshold of $100,000, buoyed by investors’ high risk appetite, which is fuelled by central banks’ monetary easing. This view was expressed by Jag Kuner, head of derivatives at Bitfinex, in a conversation with The Block.

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ForkLog 94 14.12.2024

VanEck Predicts Ethereum at $6000 and Solana at $500

At the peak of the current bull cycle, the price of the second-largest cryptocurrency by market capitalization will exceed $6000, while Solana and Sui will reach $500 and $10, respectively. This forecast was made by VanEck specialists. “After this peak, we expect a 30% correction in the price of Bitcoin. Meanwhile, altcoins may fall more […]

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ForkLog 19 06.12.2024

Financial Times Columnists Issue ‘Apology’ Following Bitcoin’s Record High

Readers accused the authors of the Financial Times Alphaville column, which focuses on markets and finance, of cynicism and denial of facts following the publication of their controversial apology to the crypto community. Hodlers: an apology https://t.co/aDJdYXuCQD — FT Alphaville (@FTAlphaville) December 5, 2024 From the first paragraph, the journalists revealed their stance on Bitcoin: […]

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ForkLog 23 06.12.2024

Bitcoin Dips Below $100,000 Amidst Extreme Volatility

Between December 5 and 6, Bitcoin’s decline exceeded 13% at its lowest points, with the price plummeting from an ATH above $104,000 to $90,500, before rebounding to $98,000. Hourly BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the daily rate of decline had reduced to 3.8%. Rachel Lucas from BTC Markets explained […]

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ForkLog 6 05.12.2024

Bitcoin’s Path Beyond $100,000: Experts Weigh In

On December 5th, after the US trading session had closed, Bitcoin surged past $100,000, driven by a strong bullish momentum, and is trading at $102,818 at the time of writing, according to CoinGecko. ForkLog consulted experts on the potential ceiling for the digital gold’s price in the current market phase. Thanks to Powell Trader Vladimir […]

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ForkLog 34 05.12.2024

Bitcoin Surpasses Historic $100,000 Mark

On the night of December 4th to 5th, the leading cryptocurrency confidently surpassed the $100,000 level. At the time of writing, the asset is trading around $103,000.

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