bitcoin price | ForkLog

ForkLog 15 14.02.2024

Bitcoin Unfazed by Diminished Prospects of Fed Policy Easing

Weaker-than-expected inflation deceleration shifted expectations for a Federal Reserve rate cut from May to June, yet had limited impact on Bitcoin. In January, the annual inflation index in the US stood at 3.1%. This figure surpassed the forecast of 2.9% but was an improvement from the previous month’s 3.4%. The likelihood of a Fed rate […]

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ForkLog 39 13.02.2024

Tuur Demeester Predicts Bitcoin Reaching $600,000 by 2026

Bitcoin early adopter Tuur Demeester has suggested that the leading cryptocurrency could reach $600,000 by 2026.

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ForkLog 19 13.02.2024

US Inflation Exceeds Forecasts, Bitcoin Declines

In January, the US inflation index reached 3.1%. This figure surpassed the forecast of 2.9% but was an improvement over the previous month’s 3.4%. Experts noted that a slower pace towards the 2% target could influence the Fed’s policy on the key interest rate. BREAKING: Prediction markets are now pricing-in just 4 rate cuts in […]

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ForkLog 73 13.02.2024

Fear and Greed Index Reaches November 2021 Levels

Amid Bitcoin’s rise to $50,000, the cryptocurrency fear and greed index reached a level of 79, marking its highest point since late autumn 2021.

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ForkLog 17 13.02.2024

Bitcoin Options Traders Bet on Rally to $65,000

Market participants are forming positions on call options for digital gold in the $65,000-$75,000 range, with execution in the second quarter. Over the past three days, net inflow into spot Bitcoin ETFs has exceeded $1.5 billion. In recent days, the volume of open positions on call options expiring in April-June with strike prices of $65,000, […]

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ForkLog 11 13.02.2024

Expert Analysis: 375,000 Investors Acquired Bitcoin at $50,230

Approximately 375,000 market participants purchased around 119,480 BTC (about $6 billion) at an average price of $50,228. This level could become a significant resistance for Bitcoin, according to Lookonchain. The price of $BTC just rose above $49.8K! Data from @intotheblock shows that ~375K addresses bought ~119.48K $BTC($6B) at an average price of $50,227.81. These addresses […]

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ForkLog 21 12.02.2024

Bitcoin Price Surpasses $49,000

On Monday, February 12, the price of the leading cryptocurrency exceeded $49,000. At its peak, the asset reached $49,139 on the Binance exchange. February 12, 2024 | 19:07Update: The price of Bitcoin hit $49,800, nearing the $50,000 mark. 15-minute BTC/USDT chart from Binance. Data: TradingView. The current price is $48,828. Over the past 24 hours, […]

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ForkLog 37 12.02.2024

Bitcoin after the halving: where next for the price?

In the second half of April the next halving of the first cryptocurrency will take place. Many market participants await the event with optimism, seeing it as no less significant than the launch of spot bitcoin ETFs in the United States. Halving the block reward from 6.25 BTC to 3.125 BTC will make digital gold […]

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ForkLog 10 09.02.2024

Bitcoin Surpasses $47,000

On the morning of February 9, the price of the leading cryptocurrency held above $46,000. February 9, 2024 | 14:58Update: Bitcoin’s price continued its upward trajectory, surpassing $47,000. At the time of writing, the asset is near $47,200, having gained 5.4% in the past 24 hours (CoinGecko). 15-minute BTC/USDT chart from Binance. Data: TradingView. February […]

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ForkLog 10 08.02.2024

Bitcoin Price Climbs Back to $45,000

The leading cryptocurrency has once again shown robust growth, stabilizing above the $45,000 mark.

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ForkLog 14 05.02.2024

Bitcoin to Become Scarcer Than Gold: Expert Predicts $500,000 Valuation

Following the upcoming halving, Bitcoin is expected to become scarcer than gold and real estate, potentially reaching a price of around $500,000, according to popular blogger PlanB. After April halving, bitcoin will be scarcer than gold and real estate. It would surprise me if bitcoin market cap ($10T). This implies a BTC price >$500k (>$10T/20m). […]

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ForkLog 16 05.02.2024

Bitcoin Faces Potential Correction Risks Post-Halving, Experts Warn

Bitcoin is expected to “test investors’ resolve” with a sell-off following the halving, only to reach a new ATH in the fourth quarter. This forecast was presented by analysts at DecenTrader. Experts attribute these expectations to the “classic behavior” of the leading cryptocurrency in the year when miners’ rewards are halved. They noted that the […]

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