bitcoin price | ForkLog

ForkLog 16 20.03.2024

Federal Reserve Holds Key Rate Steady as Bitcoin Shows Little Reaction

On March 20th, the United States Federal Reserve maintained its key interest rate range at 5.25–5.5% per annum. The decision aligned with market expectations. According to the Federal Reserve, inflation has decreased over the past year but remains high. The agency also noted the low unemployment rate. In the long term, the Federal Reserve aims […]

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ForkLog 9 20.03.2024

Bitcoin Price Drops to $61,000

On March 20, the leading cryptocurrency fell to $61,000, a 5.5% decline over the day. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the coin is trading at $61,900. Bitcoin’s market capitalization stands at $1.21 trillion with a trading volume of $78 billion, according to CoinGecko. Following the digital gold, all […]

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ForkLog 13 19.03.2024

Bernstein Analysts View Correction as a Prime Buying Opportunity

The current price correction of digital gold from $73,000 to around $63,000 is seen as a temporary opportunity for “buying the dip” ahead of the April halving. This perspective was shared by Bernstein researchers, reports The Block.

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ForkLog 12 19.03.2024

Bitcoin Dips Below $64,000

On March 19, the price of the leading cryptocurrency fell from $68,200 to $64,800, marking a 5% decrease in a day. 15-minute BTC/USDT chart on Binance. Data: TradingView. March 19, 2024 | 10:16Update: Bitcoin’s price has fallen below $64,000, trading around $63,900. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin […]

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ForkLog 9 15.03.2024

Bitcoin Price Plummets Below $68,000

On Friday, March 15, the price of the leading cryptocurrency fell below $68,000. The asset depreciated by nearly 8% over the day, according to CoinGecko. Hourly chart of BTC/USDT on Binance. Data: TradingView. March 15, 2024 | 19:37Update: At one point, the price dipped below $66,000. Bitcoin is currently trading sideways around the $68,000 level. […]

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ForkLog 36 11.03.2024

Bitcoin Surpasses $72,000 Mark

On Monday, March 11, the price of the leading cryptocurrency exceeded $70,000. Over the past 24 hours, the asset gained 1.5%, according to CoinGecko. March 11, 2024 | 10:57Update: Bitcoin’s price briefly surpassed $71,000 but failed to hold above this level. The growth over the last 24 hours was 2.7%. Hourly chart of BTC/USDT on […]

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ForkLog 12 08.03.2024

Bitcoin Nears $70,000 as Ethereum Approaches $4,000

On Friday, March 8, the price of the leading cryptocurrency nearly reached $70,000, with Bitcoin hitting $69,991 on the Binance exchange. At the time of writing, the price had adjusted to around $68,000. Over the past 24 hours, digital gold has risen by 1.2%, according to CoinGecko. 15-minute chart of BTC/USDT on Binance. Data: TradingView. […]

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ForkLog 12 07.03.2024

Bitcoin’s ‘Kimchi Premium’ Reaches Two-Year High

The premium on South Korean cryptocurrency exchanges compared to global averages has surged to a 27-month high of 10.32%. This data is provided by analysts at CryptoQuant. This phenomenon is shaped by local regulations that hinder arbitrage. Non-residents are barred from accessing local platforms. South Korean investors, under the Foreign Exchange Transactions Act, may face […]

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ForkLog 114 05.03.2024

Bitcoin Surpasses Historic High of $69,000

The leading cryptocurrency has reached a new all-time high, with its price exceeding $69,000 on the Coinbase exchange.

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ForkLog 43 05.03.2024

Fear and Greed Index Reaches February 2021 Levels

As Bitcoin approaches its all-time high, the cryptocurrency fear and greed index has reached a level of 90, the highest since February 2021. Data: alternative.me. The chart shows that for several years the metric remained below 70. Market sentiment began to noticeably improve last autumn as the market recovered and entered a bullish phase. Data: […]

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ForkLog 45 05.03.2024

Bitcoin Price Tests $68,000 Level

On Tuesday, March 5, the price of the leading cryptocurrency rose above $68,000. On Binance, quotes reached $68,686. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the price had corrected, with Bitcoin trading around $67,100. Over the past 24 hours, the asset increased by 5.6% (CoinGecko). The sharp price movement […]

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ForkLog 38 04.03.2024

Bitcoin Could Reach $10.6 Million by 2045, Expert Predicts

In the next 15 years, Bitcoin could increase 64-fold, reaching $10.63 million. This forecast comes from former physics professor Giovanni Santostasi, based on a power law model. First cut from my 90 min deep dive with @Giovann35084111 This is the chart that you “can’t unsee”. Non-intuitive aspects of the power lawIn the next 15 years […]

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