appleandroid
light

Language

  • English
  • Română

Currency

  • $ USD
  • € EUR
news-imageOctober 8, 2024

BTC Price Analysis: Can Bears Push Bitcoin Below $60,000 Soon?

Bitcoin's price has yet to recover above the key 200-day moving average, and if things remain the same, it is seemingly bound to drop to lower levels.
Publisher: CryptoPotato
Sentiment: Negative
BTC

More News Articles

Negative
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Dogecoin Trade Lower As China Stimulus Deters Hopes: 'Perspective Is Key, Bitcoin Is Doing Great,' Says Trader

Cryptocurrency markets are trading lower as China's stimulus measures came in lower than expected. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $62,017.71 -1.7% Ethereum (CRYPTO: ETH) $2,429.76 -0.09% Solana (CRYPTO: SOL) $142.62 -2.4% Dogecoin (CRYPTO: DOGE) $0.1066 -3% Shiba Inu (CRYPTO: SHIB) $0.00001712 -3.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 81.4% and daily active addresses growing by 15.2%.

Positive
cover-imageCryptopolitan
October 8, 2024

Is MicroStrategy's Bitcoin strategy working? MSTR hits $196 near ATH

Diversified cloud-based services provider MicroStrategy's shares traded at $196 earlier today, 2% shy of its all-time high, supported by its Bitcoin acquisition strategy adopted in 2020. According to its latest filing last month, the company now holds 252,220 bitcoins which represents 1.2% of the overall Bitcoin supply.

Neutral
cover-imageThe Currency Analytics
October 8, 2024

Bitcoin Traders on Edge as Key CPI Data Looms—Will Inflation Ignite the Next Rally

Bitcoin hovers around the $60,000 mark, traders and analysts are focusing on this week's U.S. Consumer Price Index (CPI) data to gauge its potential impact on cryptocurrency markets. A key measure of inflation, the CPI could influence the Federal Reserve's decisions on interest rates, which in turn could significantly affect Bitcoin and other risk assets.

Negative
cover-imageNewsBTC
October 8, 2024

Bitcoin Price Manipulation Linked To HBO's Satoshi Revelation, Expert Cautions

After days of anticipation, HBO is set to release its highly awaited documentary exploring the true identity of Satoshi Nakamoto, the enigmatic creator of Bitcoin (BTC). While many are eager to uncover the individual behind this pseudonym, one expert warns that the documentary could lead to significant price manipulation in the Bitcoin market before its release.

Positive
cover-imageBenzinga
October 8, 2024

Bitcoin, Ethereum, Solana Projected To Surge By 2025, Regardless Of Election Outcome: Report

Standard Chartered's Global Head of Digital Assets Research Geoff Kendrick predicts a potential increase in the value of Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL), irrespective of who wins the U.S. election. What Happened: Kendrick's projections include a potential quadrupling of Ether and a tripling of Bitcoin's value under a Trump administration.

Negative
cover-imageCoinPedia
October 8, 2024

Crypto Market Today (Oct 8th, 2024): Bitcoin Price Slips, Sui Open Interest Hits ATH!

Crypto Market Highlights: The cryptocurrency market capitalization stands at $2.17 trillion, down 0.79% in the last 24 hours, while intraday trading volumes rose by 32.09% to $78.72 billion. Investor sentiment is still neutral, with the Fear & Greed Index at 41. In the larger market, Chinese stocks listed in the United States have fallen dramatically.

Positive
cover-imageThe Currency Analytics
October 8, 2024

Bitcoin Poised for Major Short Squeeze: Could We See a $10 Billion Surge

Bitcoin, the world's leading cryptocurrency, is currently approaching crucial price levels that could set off a massive short squeeze, potentially adding billions to its market value. Analysts are keenly watching the market as Bitcoin inches closer to the pivotal $66,200 mark, where it could trigger the liquidation of around $10 billion worth of short positions.

Positive
cover-imageBenzinga
October 8, 2024

FTX To Repay Creditors Up To $16.5B: Is This Bullish For Bitcoin?

A U.S. bankruptcy judge has approved FTX's plan to repay creditors up to $16.5 billion, marking the end of the exchange's two-year bankruptcy process and potentially injecting billions back into the crypto ecosystem. What Happened: Judge John Dorsey of the U.S. Bankruptcy Court for the District of Delaware approved the reorganization plan, which will see 98% of creditors receive full repayment of their losses, plus additional compensation, DL News reported on Tuesday.

Positive
cover-imageCryptoGlobe
October 8, 2024

Solana ($SOL) Could Outperform Ethereum and Bitcoin if Trump Wins in 2025, Says Standard Chartered Analyst

According to a recent analysis from Standard Chartered, Solana (SOL) is projected to significantly outperform Ethereum (ETH) and Bitcoin (BTC) by 2025—if Donald Trump wins the U.S. presidential election. Geoffrey Kendrick, Global Head of Digital Assets Research at the bank, predicts a fivefold increase in Solana's price under a Trump presidency.

Neutral
cover-imageUToday
October 8, 2024

1,000,000 Bitcoin (BTC) at Stake as Crucial Date for Satoshi Nakamoto Mystery Comes

Today is Oct. 8, which means that the long-awaited documentary "Money Electric: The Bitcoin Mystery" from HBO should soon be hitting viewers' screens. Despite the fact that few people knew anything about this film a week ago, the ambitious statements of the film's creators that the identity of Bitcoin creator Satoshi Nakamoto would finally be revealed have greatly fueled expectations.

Neutral
cover-imageThe Currency Analytics
October 8, 2024

Bitcoin (BTC) Price Prediction for October: Will Geopolitical Tensions Impact the Rally

Bitcoin's recent surge to nearly $64,000 triggered optimism in the market, but it faced a 1.4% retracement after setting a local top. While historical trends suggest bullish momentum for the remainder of October, the looming impact of geopolitical tensions—especially the escalating conflict between Iran and Israel—adds uncertainty to Bitcoin's price forecast.

Next Page 1