Bitcoin Price Financial News

Bitcoin (BTC) challenged $31,000 again after the June 27 Wall Street open as traders hoped for upside continuation.

After a failed rally above $31,000 on June 23, Bitcoin (BTC) has sustained the $30,300 resistance for the past three days. Curiously, this happened while gold reached its lowest level in three months, trading at $1,910 on June 22, down from a $2,050 peak in early May.

Bitcoin (BTC) may see a “market correction” should BTC price action go much beyond $33,000, research warns.

A recent surge in activity surrounding exchange-traded funds has led to the largest weekly inflow for digital asset investment products since July 2022, according to a June 26 report via CoinShares.

Bitcoin (BTC) circled $30,500 at the June 26 Wall Street open as bulls held newfound support.

Bitcoin (BTC) starts a new week in a solid position above $30,000 after its latest rapid gains.

Bitcoin (BTC) tapped $31,000 for a third time this year on June 25 as the weekly close promised volatility.

cryptocurrency markets traded in the red on Friday after rising for three consecutive days. Bitcoin (BTC) declined 0.73% to $30,063, whereas Ethereum (ETH) was below the $1,900 level. BTC volume stood at approximately $18.92 billion, falling 40% in the last 24 hours. «Markets have slipped after a three-day rally. The crypto fear and greed index has registered no movement and continues to remain at a score of 65/100,» Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, said. «BTC, down 1.3%, continues to trade around $30k. BTC’s price is beginning to stall after the BTC ETF excitement within the market. Though we can expect the BTC price to hold firmly around the current levels with support at $29.7k,» Parth added.

Bitcoin (BTC) has been trading above $31,000 after its 24.3% rally between June 15 and June 23, which caught many off guard. For bears, that meant facing $165 million in short futures contract liquidations, but the unexpected rally also brought some degree of discomfort for investors using Bitcoin derivatives.

Bitcoin (BTC) denied the market fresh volatility at the June 23 Wall Street open as traders attempted to guess its next targets.

cryptocurrency markets rose for the third straight day on Thursday, helped by BlackRock's plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces US regulatory scrutiny. BlackRock, the world's biggest asset manager, filed for the exchange last week which would allow investors to get stakes in the asset class. Bitcoin (BTC) surged 5% to $30,326, whereas Ethereum (ETH) was above the $1,900 level. BTC volume stood at approximately $31.48 billion, rising 25% in the last 24 hours. «Bitcoin hovered above the US$30,000 level gaining 5% over the previous day as investors continued to cherish the news of multiple spot Bitcoin ETF filings,» Edul Patel, Co-Founder & CEO of Mudrex said.

Bitcoin (BTC) will hit new all-time highs in 2023, and October is the favorite month for it, a popular trader says.

BlackRock's plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces U.S. regulatory scrutiny. BlackRock, the world's biggest asset manager, filed last week for the exchange which would allow investors to get stakes in the asset class. The Wall Street Journal reported on Tuesday that EDX Markets, a crypto exchange backed by Citadel Securities, Fidelity and Schwab had started operations. The global cryptocurrency industry has been caught in the crosshairs of the U.S. securities regulator on alleged violations of securities laws. Earlier this month, the U.S. Securities and Exchange Commission (SEC) sued major crypto exchanges including Coinbase and Binance. Bitcoin, the world's biggest and best-known cryptocurrency, was last up 5.5% on Wednesday at 29,881.00 after hitting a high of $30,755.00. It is up roughly 81% for the year-to-date.

cryptocurrency markets were majorly trading higher on Wednesday. Bitcoin (BTC) surged 8% to $28,840, whereas Ethereum (ETH) was above the $1,800 level. «The crypto market has seen a remarkable surge in trading activity over the past 24 hours, with a total volume of $43.95 billion, representing an impressive 59% increase. Bitcoin has crossed the $28,000 mark due to growing interest from institutions,» Shivam Thakral, CEO of BuyUcoin, said. Other top crypto tokens were also trading higher on Wednesday. Cardano and Litecoin rose up to 9%. Meanwhile, Polygon, Solana, and Polkadot also traded with gains. The global cryptocurrency market cap was trading higher around $1.13 trillion, rising 6% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $559 billion. Bitcoin’s dominance is currently 49%, an increase of 0.83% over the day, according to CoinMarketCap. BTC volume stood at approximately $25.85 billion, rising 75% in the last 24 hours.

Some news sources have been fond of making comparisons between Bitcoin’s (BTC) price action and that of other assets. In particular, the two most commonly compared asset classes are gold and tech stocks.

Bitcoin's (BTC) 15% rally toward $30,300 between June 19 and June 21 caught most traders by surprise, triggering $125 million in liquidations of leveraged short futures contracts. Narrowing down the trigger for the rally is complicated, but some analysts point to the potential inflow of institutional investors if Blackrock’s exchange-traded fund (ETF) application gets regulatory approval.

In this week’s episode of Market Talks, Cointelegraph welcomes Mati Greenspan, founder and CEO of Quantum Economics. Greenspan is an experienced financial analyst and a certified consultant who enjoys engaging with his 50,000+ Twitter followers about the latest developments in the cryptocurrency sector. He finds his passion in understanding financial markets and sharing his knowledge with others to help them make better investment decisions.

Altcoins offer diverse, innovative features, promising technological advancements, and potentially lucrative investment opportunities.

Bitcoin (BTC) will unlikely see its first spot price exchange-traded fund (ETF) in the United States soon.

Bitcoin (BTC) lingered near $30,000 on June 22 as traders sought opportunities to “buy the dip.”

Bitcoin (BTC) returned to $30,000 after the June 21 Wall Street open in a triumphant continuation of the week’s gains.