Bitcoin rate Financial News

05.03 / 07:57

cryptocurrency Bitcoin price today BlackRock Bitcoin rate Bitcoin Bitcoin Price Bitcoin hits $66,000 level, cryptocurrency total market cap crosses $2.5 trillion

Bitcoin, the world's largest cryptocurrency by value, hit a two-year high on Monday, surpassing the $66,000 mark as a wave of money brought it within striking distance of the record levels. The Bitcoin price hit a session high of $66,319. It was last up 6.4% at $66,254. From the current market price, Bitcoin is 4% away from its all-time high of $68,999.99, which it touched in November 2021.

12.12 / 06:49

Bitcoin rate Bitcoin DLF Camellias' Rs 190 crore Gurugram apartment: How many Bitcoins would you need?

DLF’s record-breaking Rs 190 crore apartment at The Camellias has drawn comparisons with various investment benchmarks, including Bitcoin. At a current Bitcoin price of approximately Rs 82 lakh (or $97,000 as of 10th December 2024), purchasing this ultra-luxurious property would require nearly 231 Bitcoins. The deal, which saw the purchase of a stunning 16,290-square-foot penthouse by Rishi Parti, founder and Managing Director of Info-x Software Technology, marks one of the largest real estate deals in Delhi-NCR. The property, located in the exclusive Golf Course Road area of Gurugram, underscores the growing demand for high-end real estate in the city.

09.12 / 08:35

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Bitcoin past $100,000 for the first time is spilling over into the long-battered crypto lending sector, with decentralised finance applications leading the way this time. Bitcoin’s funding rate — the premium paid by traders to open long positions in the perpetual futures market — skyrocketed in November, and is up more than 10 times from what it was in early June, indicating a rising thirst for leverage, according to digital-asset data tracker CoinGlass. Bitcoin has more than doubled this year, topping $100,000 on Wednesday for the first time amid optimism crypto will move further into the mainstream during the upcoming Trump administration.

06.12 / 05:47

cryptocurrency cryptocurrency news Bitcoin rate Bitcoin Bitcoin Price Bitcoin breaks $100K barrier! What's next after this milestone?

Bitcoin, the world’s largest cryptocurrency by market value, crossed the $100,000 mark for the first time on Thursday, December 5. The surge is fuelled by expectations of a more crypto-friendly regulatory environment under President-elect Donald Trump. Trump embraced digital assets during his campaign, promising to make the US the “crypto capital of the planet” and to accumulate a national stockpile of Bitcoin.

16.11 / 07:29

Bitcoin price today Bitcoin rate US Federal Reserve Bitcoin record high rate cut bets Bitcoin soars to record $93,400 on Trump euphoria and Fed rate cut bets

Bitcoin surged to a record high above $93,400, driven by market optimism over President-elect Donald Trump's pro-crypto stance and expectations of further interest rate cuts by the Federal Reserve. The rally was fuelled by data showing US consumer inflation rose to 2.6% in October, up from 2.4% in September, aligning with market expectations and strengthening the case for a potential 25-basis-point rate cut next month, with market odds rising from 59% to 83%.

07.03 / 07:51

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bitcoin, the cryptocurrency's latest meteoric rally to a record high may have more legs than in 2021, experts say. The world's largest cryptocurrency, notorious for its volatility, touched $69,202 on Tuesday, driven by excitement over new U.S. spot bitcoin exchange-traded funds (ETFs) and expectations the Federal Reserve will begin cutting U.S. interest rates this year.

20.03 / 06:09

Bitcoin news Bitcoin price today Bitcoin rate Bitcoin Bitcoin near highest level since June in broad crypto rally

Bitcoin, the largest token, rose as much as 4.9% and was trading at about $25,610 as of 10:45 a.m. in Singapore on Friday. Second-ranked Ether added roughly 3%, while smaller tokens like Solana and Polkadot also jumped. “Any sign of interest-rate cuts should push funds to riskier assets, which is likely to be enough to bring more institutional funds into the crypto market, regardless of whether macro traders understand or believe in the longer-term Bitcoin investment thesis,” wrote Noelle Acheson, author of the “Crypto Is Macro Now” newsletter. Bitcoin has climbed about 55% so far this year and is in touching distance of the highest level since June 2022. But the token remains a long way off its record of almost $69,000 from November 2021.

13.05 / 18:15

Bitcoin news Bitcoin rate Bitcoin Bitcoin Price Bitcoin falls to lowest in 16 months, giving up 2021 gains

Bitcoin fell to its lowest in 16 months on Thursday, leading a rush out of risk assets such as tech stocks, while the collapse of TerraUSD, a so-called stablecoin, underscored the strain on cryptocurrency markets. The world's largest cryptocurrency dropped as low as $26,970, to stand at its lowest since Dec. 28, 2020. In the last eight sessions, it has lost a third of its value, or $13,000. Bitcoin surged in 2021 to reach its all-time high of $69,000 that November.

10.05 / 07:31

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Bitcoin fell to its lowest level since July 2021 on Monday as slumping equity markets continued to hurt cryptocurrencies, which are currently trading in line with so-called riskier assets like tech stocks. Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling. The cryptocurrency has dropped 13% so far in May and has lost more than half its value since it hit an all-time high of $69,000 in November last year.

10.05 / 05:55

Bitcoin price today Bitcoin rate Crypto Exchange Bitcoin Bitcoin Price Bitcoin drops 50% from peak, near lowest levels in last one year

Bitcoin, the largest crypto token in terms of market capitalization and dominance, dropped below the $33,400 mark on Monday. It has wiped out more than half of investors' wealth since hitting a lifetime peak of $67,566 in November 2021. According to industry players, the anticipation of a sluggish global economy, rising interest rates, inflationary worries, global economic crisis and risk aversion are key reasons dragging the price of Bitcoin lower. Vikram Subburaj, CEO, Giottus Crypto Exchange, said Bitcoin and the wider crypto markets have been affected by negative sentiment across investor groups given the hike in interest rate and the concerning inflation data globally.

22.03 / 18:23

Bitcoin news Bitcoin rate Bitcoin Bitcoin Price Cryptoverse: Remember when bitcoin was 'anonymous'?

Bitcoin just isn't anonymous enough for a growing cohort of crypto users who are seeking greater seclusion. A volatile class of crypto known as privacy coins, created with the primary aim of masking the identity of users and details of transactions, has quietly been gaining ground this month as maturing bitcoin inches towards mainstream finance. Monero and Zcash, among the most popular, have respectively gained 7.6% and 46% since March 1, according to CoinMarketCap data, even as bitcoin has lost about 5%.

25.01 / 08:01

Bitcoin news Bitcoin price today Bitcoin rate Bitcoin Price Bitcoin bounces off six month lows as buyers step in

The largest cryptocurrency was last up 2.5% at $37,250 after earlier dropping to $32,951, its lowest price since July 23. That took losses from its all-time high of $69,000 hit in November past 50%. Bitcoin is now at a critical juncture where analysts say that further selling could reverse its long-term bull trend.

21.01 / 12:47

Bitcoin price today Bitcoin rate Bitcoin Bitcoin Price Top cryptocurrency prices today: Bitcoin dips below $40,000, other altcoins bleed

Russia must ban cryptocurrencies, the country's central bank said in a report released Thursday. The report says cryptocurrencies are volatile and widely used in illegal activities such as fraud. The sluggish macroeconomic conditions, rise in oil prices and tapering cues from the Federal Reserve, rising inflation and slump in technology market added to woes of traders.

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