Bitcoin Price Financial News

Bitcoin (BTC) held momentum at $38,000 on Nov. 29 as analysis warned over market corrections.

The United States Securities and Exchange Commission has announced the next steps in its consideration of the proposed Franklin Templeton and Hashdex spot Bitcoin (BTC) exchange-traded fund (ETF) bids.

Bitcoin (BTC) may suffer when the first spot exchange-traded fund (ETF) is approved by the United States, a new warning says.

Bitcoin (BTC), the largest cryptocurrency by market value, experienced its first-ever halving 11 years ago today. As the community celebrates the anniversary of the first Bitcoin halving, it’s timely to revisit some of Bitcoin’s historical milestones ahead of the next halving expected in April 2024.

Bitcoin (BTC) may cruise to nearly $50,000 as the United States okays the first spot price exchange-traded fund (ETF).

Bitcoin (BTC) starts a new week keeping traders guessing near its highest levels in 18 months — what’s next?

Bitcoin (BTC) rose above $38,000 on Nov. 24, but the bulls could not build upon this strength. This suggests hesitation to buy at higher levels. Bitcoin is on track to form a Doji candlestick pattern on the weekly chart for the second consecutive week. This signals indecision among the bulls and the bears about the next directional move.

Bitcoin (BTC) held near $38,000 into the Nov. 26 weekly close as traders boosted their BTC price optimism.

cryptocurrency market cap increased by 2.33% to around $1.42 trillion in the last 24 hours. At 12:52 p.m., BTC was trading 2.4% higher at $37,372. In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, surged to $730 billion. «The price of Bitcoin has been above the $37,300 level today as market participants anticipate that the recent regulatory activity in the US might lead to positive news about a Bitcoin spot ETF. Market sentiments are presently positive, with the bulls working hard to sustain and keep up the momentum,» said Edul Patel, CEO of Mudrex. Vikram Subburaj, CEO of Giottus Crypto Platform, said, «The crypto market prevailed over concerns regarding global exchange Binance and have bounced strongly post a healthy correction. Bitcoin, having gained 3% daily, is primed to rally towards the $38,000 level post which $40,000 becomes a possibility.»

Bitcoin (BTC) buyers should “enjoy” the chance to add to their stack below $40,000, says one of crypto’s household names.

Bitcoin (BTC) bulls kept the pressure on 18-month highs on Nov. 24 as analysis eyed buyer interest spiking.

Meanwhile, Changpeng Zhao, the founder and CEO of Binance, resigned from his position and pleaded guilty to violating US anti-money laundering laws. This move comes as part of a historic $4.3 billion settlement to resolve a long-running investigation into Binance, the world's largest crypto exchange. The fallout from the settlement marks another significant blow to the cryptocurrency industry, which has faced increasing scrutiny and investigations. Following the Binance news, the global cryptocurrency market cap declined by 2.54% to around $1.38 trillion in the last 24 hours.

Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin (BTC), saying he was premature in calling for investors to sell the cryptocurrency. 

Bitcoin (BTC) may not see a $40,000 BTC price reclaim despite increasing excitement over a spot exchange-traded fund (ETF).

The conventional wisdom of the cryptoverse is that there is a boom-and-bust cycle to the blockchain and cryptocurrency industry. This cycle is led by the “King of Cryptos,” Bitcoin. 

Bitcoin’s (BTC) hash rate is at an all-time high a few months away from the next halving with bulls anticipating another run to wipe out the losses of the bear market.

Bitcoin (BTC) took fresh aim at $38,000 into Nov. 23 as an “aggressive bid” dispelled cold feet over Binance’s $4.3 billion fine.

The cryptocurrency market recently experienced events that were previously expected to present a severe negative price impact, and yet, Bitcoin (BTC) trades near $37,000 on Nov. 22, which is essentially flat from three days prior.

Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm.

Bitcoin's (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. 

A wave of optimism around the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States has ignited bullish price action in the crypto market in recent weeks.