bitcoin price | ForkLog

ForkLog 8 03.08.2024

Bitcoin Falls Below $62,000; Ethereum Dips Under $3,000

In the early hours of Saturday, August 3, the price of the leading cryptocurrency fell below $62,000, losing 4.2% over the past 24 hours. Daily chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $61,750. The second-largest cryptocurrency by market capitalization fell below the psychological threshold of $3,000 […]

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ForkLog 7 01.08.2024

Bitcoin Price Dips Below $63,000

The leading cryptocurrency continued its correction, with its rate momentarily dropping to $62,666 on Binance in the USDT pair.

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ForkLog 17 31.07.2024

Federal Reserve Maintains Key Rate; Bitcoin Dips to $66,400

On July 31, the United States Federal Reserve maintained its key interest rate range at 5.25–5.5% per annum. The decision aligned with market expectations. On July 11, the U.S. Bureau of Labor Statistics released a report on consumer prices, revealing an index value below the forecast—3% compared to the anticipated 3.1%. The cryptocurrency market reacted […]

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ForkLog 10 27.07.2024

Bitcoin Price Climbs Back to $68,000

On the evening of Friday, July 26, the price of the leading cryptocurrency rebounded to the $68,000 level. Over the past 24 hours, the asset has gained 2%. Daily BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $68,200. Most digital assets in the top 10 by market capitalization […]

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ForkLog 10 25.07.2024

Ethereum Falls Below $3200 Amid ETF Outflows

Outflows from Grayscale’s Ethereum Trust exceeded inflows into ETH-ETF. Investors shifted focus from the debut of spot Ethereum-ETFs to Mt.Gox coin movements and macroeconomics. On July 24, Ethereum’s daily decline reached 7.9%, while Bitcoin’s was 2.7%, according to CoinGecko. According to SoSoValue, the net outflow from spot Ethereum-ETFs amounted to $133.2 million. At the time […]

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ForkLog 10 18.07.2024

CryptoQuant: Bitcoin Hits Local Bottom Amid Positive Indicators

The price of the leading cryptocurrency has seemingly reached a local bottom before rebounding to nearly $66,000 earlier this week, reports The Block, citing a report from CryptoQuant. According to analysts, the recent drop in Bitcoin’s price to around $55,000 resulted in the largest realized losses for asset holders in 2024. “Hodlers of digital gold […]

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ForkLog 14 15.07.2024

Bitcoin’s Ascent Predicted Amid Federal Reserve’s Influence

Experts noted traders shifting focus from Mt.Gox and German government sales to the incident involving US presidential candidate Donald Trump and macroeconomic statistics. On-chain analysts observed bitcoin whales accumulating coins. With the conclusion of sales by German authorities and the Mt.Gox factor largely priced in, bitcoin is poised to reclaim lost ground in the coming […]

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ForkLog 9 10.07.2024

Bitcoin Rallies Following Fed Chair’s Remarks

The price of the leading cryptocurrency climbed back above $59,000 following a speech by Federal Reserve Chair Jerome Powell in the Senate. Bitcoin’s value rose by 3.3% over the past day. The market capitalization increased by 2.5%, reaching $2.23 billion. Data: CoinGecko. Ethereum’s price exceeded $3100. Despite a 7.6% decline over the past week, it […]

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ForkLog 40 06.07.2024

Bitcoin Price Rebounds Above $56,000

On the evening of Friday, July 5, the price of the leading cryptocurrency returned to the $56,000 mark, gaining 4% over the past 24 hours. Hourly BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $56,600. All digital assets in the top 10 by market capitalization have turned “green.” […]

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ForkLog 12 05.07.2024

Bitcoin Dips Below $54,000 Amid Mt. Gox Movements, Experts Warn of Further Decline

On the morning of July 5, the price of the leading cryptocurrency fell below $54,000 following reports of Mt. Gox coin movements. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the price is attempting to hold this level after a slight rebound. Nobuaki Kobayashi, the trustee of the bankrupt exchange […]

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ForkLog 7 04.07.2024

Bitcoin Dips Below $57,000 as Experts Warn of Further Decline

On the morning of July 4, the price of the leading cryptocurrency briefly fell below $58,000, a level last seen in February. Within an hour, prices dropped by 3.8% on increased volumes due to $69 million in liquidations, according to Coinglass. 15-minute BTC/USDT chart on Binance. Data: TradingView. Update: As of 12:25 (Kyiv/Moscow), the price […]

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ForkLog 7 03.07.2024

QCP Analysts Foresee Potential Bitcoin Rally Resurgence

Despite the price correction of leading cryptocurrencies, the options market remains heavily skewed towards growth. This suggests the possibility of a rally restart by the end of the year, noted analysts at QCP Capital.

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