bitcoin price | ForkLog

ForkLog 19 14.06.2023

Fed keeps key rate; Bitcoin briefly slips below $26,000

On June 14, the U.S. Federal Reserve System (the Fed) kept the target range for the federal funds rate at 5–5.25% for the first time since March 2022.

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ForkLog 14 13.06.2023

Inflation slowed sharply. Bitcoin’s response was modest

Inflation in the US slowed year over year in May to 4% from 4.9%, below the 4.1% forecast. Bitcoin briefly touched $26,400, with daily gains of 1.7%.

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ForkLog 27 10.06.2023

Bitcoin price falls below $26,000

In the early hours of Saturday, June 10, Bitcoin prices fell below $26,000. At the time of writing, Bitcoin is trading at $25,500. Over the last 24 hours, the asset has fallen 3.6%.

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ForkLog 25 29.05.2023

US debt-ceiling deal sparks Bitcoin volatility

On May 28, the Speaker of the US House of Representatives, Kevin McCarthy, announced that there was a principled agreement with the White House on the debt ceiling. The news sparked volatility in the cryptocurrency market.

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ForkLog 15 26.05.2023

JPMorgan flags $45,000 as a guide for Bitcoin’s rally

A price of $2,000 per troy ounce of gold is equivalent to about $45,000 in Bitcoin, as the two assets typically move in tandem and are seen as alternatives. JPMorgan analysts arrived at this conclusion.

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ForkLog 5 25.05.2023

Expert points to prospects for Bitcoin rally resuming

LookIntoBitcoin: Bitcoin's price fell to a ten-week low, but the technical setup still signals an uptrend.

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ForkLog 15 22.05.2023

Expert warns of Bitcoin slipping toward $20,000

Michael Kramer, founder of asset-management firm Mott Capital Management, expressed concern about a potential drop in Bitcoin toward the $20,000 level.

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ForkLog 8 10.05.2023

Inflation barely budges; Bitcoin climbs.

Year-on-year inflation in the United States slowed in April from 5% to 4.9%, below forecasts of 5%. Bitcoin settled above $28,000, rising 2.1% on the day.

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ForkLog 18 04.05.2023

Bitcoin tops $29,000 after PacWest bank troubles data

In after-hours trading on May 3, PacWest Bancorp shares tumbled 52.5% after Bloomberg reports that it was weighing a potential sale or capital raise. Bitcoin, for its part, erased its losses after the Fed meeting.

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ForkLog 17 03.05.2023

Fed raises key rate; Bitcoin holds above $28,500

On Wednesday, May 3, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5–5.25% per annum.

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ForkLog 8 27.04.2023

Analysts see a limited impact from Mt.Gox compensation payouts

Payouts to Mt.Gox creditors will have a limited impact on Bitcoin's price, according to Matrixport analysts.

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ForkLog 25 26.04.2023

Bitcoin price back above $30,000

On Wednesday, April 26, the price of the leading cryptocurrency crossed the $29,000 level. At one point, Bitcoin reached $29,130 (on Binance).

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