Bitcoin (BTC) Holds Tight Range As Whales Ease Exposure
Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators.
Keep up with what's happening in the crypto world in real-time.
Bitcoin (BTC) has been trading in a tight range between $83,000 and $86,000 over the past five days, showing signs of indecision in both price action and momentum indicators.
On today's episode of CNBC Crypto World, bitcoin wrestles with $85,000 on Wall Street's last trading day of the week. Also, Trump family-backed World Liberty Financial receives a $25 million investment from United Arab Emirates-based market maker DWF Labs.
Is this the calm before the storm?
After persistent bearish pressure on Wednesday, Bitcoin's price witnessed a brief upward move to the $85,000 threshold as buying interest slowly increased. Despite waning price movements, key metrics like the Bitcoin Coinbase Premium Index have started to improve as it moves closer to positive territory.
The price of gold surged to a new all-time high of $3,357 per ounce on April 17, igniting speculation on whether Bitcoin (BTC) would follow. Bitcoin-gold comparison.
Panama City has adopted crypto-based tax payments following a city council vote this week, signaling growing momentum for integrating digital assets into public services. Panama joins a growing list of jurisdictions globally that have voted to accept such payments.
Former Securities and Exchange Commission (SEC) head Gary Gensler said that bitcoin can continue to exist and thrive for a long time. However, he emphasized — most altcoins have no such prospect due to the lack of a solid foundation.
Japan's fashion brand ANAP has announced the purchase of millions worth of Bitcoin as part of its investment strategy. The company follows in the footsteps of companies like MicroStrategy and fellow Japanese company MetaPlanet.
Richard Teng, CEO of Binance, revealed that the crypto exchange platform is helping several governments establish strategic bitcoin reserves and develop regulatory frameworks. This trend is accelerating as many countries follow the American example in digital asset policy.
The cryptocurrency whipsawed right after Federal Reserve Chairman Jerome Powell delivered a damning indictment of President Donald Trump's tariffs in a Wednesday speech.
Bitcoin's (CRYPTO: BTC) may be setting up for a breakout moment, with Felix Jauvin dubbing it the “cleanest trade after the trade." What Happened: In an article on April 17 on X, ‘Forward Guidance' podcast host Jauvin said that he sees investors reducing risk and offloading positions.
Bitcoin price forecast remains clouded by political tension, with BTC holding above $85,000 as traders weigh Fed independence and rate direction Bitcoin price hovers above $85K as Trump escalates pressure on Fed Chief Powell Bitcoin price tethered near the $85,000 zone on Thursday despite bearish sentiment across global financial markets linked to the US-China trade
Bitcoin's realized cap hits $872 billion, but slow growth and cautious investor behavior suggest the market may be entering consolidation.
Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012.During an April 17 appearance on Raoul Pal's Journey Man podcast, Silbert said he discovered Bitcoin (BTC) in 2011, purchasing BTC at $7-$8 per coin. Once the price of BTC surged, Silbert started looking for early-stage crypto companies to invest in.
Coinbase International's Bermuda‑licensed derivatives exchange processed nearly $100 billion in Bitcoin perpetual futures volume last week.
Gary Gensler has broken two months of public silence with a combustible appearance on CNBC's Squawk Box, granting his first interview since stepping down as chair of the US Securities and Exchange Commission (SEC) on 20 January.
Luring quantum tinkerers, Project Eleven is dangling a one‑bitcoin bounty to whoever first demonstrates Bitcoin's cryptographic Achilles' heel using a quantum computer.
The cryptocurrency market remained subdued on Thursday. Bitcoin's price was stuck below the $85K mark, while other major coins like XRP and ETH showed muted movement. The global cryptocurrency market cap stands at $2.66 trillion, down 0.29% over the past 24 hours. Total market volume in the same period is $71.
The Bitcoin price has been struggling after crashing more than 20% from its January all-time highs, and has taken the entire crypto market down with it. This has been a point of concern for many investors, especially as BTC continues to struggle.
Veteran trader Peter Brandt has dropped a bold comment about Bitcoin (BTC), the world's leading digital currency. In his characteristic manner, Brandt was frank with his assessment of Bitcoin's price performance, referring to BTC as an asset in a box.
Bitcoin mining company Bit Digital has acquired an industrial building in Madison, North Carolina, upping the ante in a business diversification strategy that includes strategic pivots into AI and high-performance computing. Bit Digital agreed to buy the property for $53.2 million through Enovum Data Centers Corp., the company's wholly owned Canadian subsidiary, regulatory filings show.
Could quantum computers break Bitcoin's cryptography? Project Eleven's Q-Day Prize challenges experts to find out — and offers 1 BTC for the first success!
U.S. hits China with 245% tariffs, fueling global tension. Will Bitcoin rally as a safe haven? Here's what the charts say about BTC's next move. The post Will Bitcoin Explode as US Slaps 245% Tariffs on China? Here's the Price Outlook appeared first on Cryptonews.
Bitcoin (CRYPTO: BTC) investors are facing unprecedented pressure as Glassnode data shows the largest unrealized losses on record, concentrated among new market participants. Despite Bitcoin's relative price resilience, capital inflows have slowed, and liquidity continues to tighten across the digital asset landscape.