Bitcoin Price Financial News

Bitcoin (BTC) speculators are leading a period of “exhaustion and apathy” across the market, new research says.

A recent report by the research firm Delphi Digital illustrates the predictable consistency of price action and trends within the crypto market. The report delves into the interconnectedness between the 4-year Bitcoin (BTC) cycle and broader economic trends. 

The latest report from Glassnode Insights, titled “The Week On-Chain," emphasizes that Bitcoin has reached historically low levels of volatility. This has led to a mere 2.9% separation between the asset’s Bollinger Bands, indicating an exceptionally narrow trading range. 

Bitcoin (BTC) may be weeks from a “sharo rally” toward $34,000, trading platform QCP Capital believes.

The London-based digital asset management firm announced that its new investment product was going live on the Euronext Amsterdam stock exchange on Aug. 15, more than a year later than its planned launch in 2022.

Bitcoin (BTC) will only hit six figures after its 2024 block subsidy halving, not before, Bitcoin investor and author Jesse Myers believes.

Bitcoin (BTC) hit multi-day highs after the Aug. 14 Wall Street open as modest volatility trickled through to the market.

Bitcoin (BTC) is painting a classic August picture as it starts the new week — volatility is nowhere to be seen.

Bitcoin (BTC) is on track to form two successive Doji candlestick patterns on the weekly charts but a positive sign is that the price is sustaining above the 20-week exponential moving average ($28,072). This suggests that the bulls have not lost their grip.

Bitcoin (BTC) further ground down volatility into Aug. 12 as “astonishing” BTC price action stayed in place.

On this week’s episode of Macro Markets, Cointelegraph analyst and writer Marcel Pechman explores the United States debt downgrade by Fitch Ratings. According to Pechman, this change signaled diminished confidence in the U.S. government’s ability to handle its fiscal responsibilities.

Bitcoin (BTC) traders are currently not pleased with the recent price trends, especially due to the inability of its price to surpass the $30,500 mark over the last four weeks. This frustration is compounded by the fact that several requests for spot Bitcoin exchange-traded funds (ETFs) are either being delayed or pending review from regulators.

Bitcoin (BTC) faces a new battleground as bulls and bears fight for control of a sideways market, one popular trader says.

Bitcoin (BTC) hovered near $29,500 on Aug. 10 as markets braced for a fresh United States Consumer Price Index (CPI) print.

Bitcoin (BTC) can easily end up below $25,000 next month, says one longtime market observer.

The price of Shiba Inu (SHIB) is up today amid a broader crypto market upswing and a supportive fundamental factor.

Bitcoin (BTC) consolidated at a key flip zone on Aug. 9 as BTC price strength staged a sudden return.

cryptocurrency markets were trading in the red in Monday's trade. Bitcoin (BTC) fell 0.06% to $29,006, whereas Ethereum (ETH) was below the 1,850 level. BTC volume stood at approximately $8.1 billion, rising 26.27% in the last 24 hours. «Bitcoin's price remained calm throughout the weekend, trading in a narrow range of around $29,000. Bitcoin has been less volatile than gold on a 5-day weighted average. Meanwhile, Shiba Inu (SHIB) surged by more than 20% over the weekend. The rally was sparked by news that Binance would be adding SHIB as collateral for flexible loans,» said CoinDCX Research Team. The total volume in DeFi is currently at $2.32 billion, 10.5% of the total crypto market 24-hour volume. The volume of all stablecoins is now $20.33 billion, which is 91.99% of the total crypto market 24-hour volume. Meanwhile, the global cryptocurrency market cap was trading marginally lower, around $1.16 trillion, falling 0.09% in the last 24 hours.

Traders have been sitting on their hands lately with the Bitcoin (BTC) price being stuck between $29,000 and $30,000. This rangebound price action can’t continue forever, though.

Cryptocurrency exchange Binance released its latest proof-of-reserves (PoRs) on Aug. 1, offering transparency into its crypto reserves. However, the movement of its USD Coin (USDC) reserves at the time of Silvergte’s collapse caught many people’s attention and became a topic of discussion on X (formerly Twitter).

Bitcoin (BTC) recovered above $29,000 on Aug. 8 as one trader eyed a potential breakout already underway.