BTC Financial News

The Bitcoin (BTC) price is holding within recent ranges to the north of the $29,000 level in the wake of the latest mixed US jobs report for July.

Wealth management company, Berstein has said that digital asset mining firms with high capacity and a low production cost will become the biggest gainers in the wake of recent trends. 

Bitcoin's price is trading choppy above the $29,000 threshold, and has captured the attention of traders and investors. 

Bitcoin, the world's largest cryptocurrency, experienced a minor dip of over 1% but managed to maintain its position above the critical $29,000 mark. 

The issuer of the world’s most popular USD-pegged stablecoin USDT, Tether, bought 1,529 bitcoin (BTC) worth $45.4 million in Q2, as per comments by the company’s CTO cited by Bitcoin Magazine.

A tech-led sell-off in the US stock market has been picking up pace this week as long-term US bond yields vault higher in wake of continued strong US economic data and Fitch’s recent downgrade of the US government’s credit rating, but this is yet to translate into material downside in the crypto market.

On August 3rd, Bitcoin extended its previous daily losses, experiencing a decline of nearly 1.75% and reaching a price of $29,084. 

«Bitcoin surged to US$30,000 yesterday after the positive developments from Fitch downgrade of U.S Treasurys and Microstrategy plan to purchase more bitcoin. However, soon after a news website wrote about Binance could face US fraud charges, BTC immediately started to drop,» Edul Patel, Co-founder and CEO at Mudrex, said. «Currently, it is trading above the US$29,100 level. On the other hand, institutional investors await the US SEC's decision on the approval of a Bitcoin Spot ETF. Despite the excitement surrounding Litecoin's halving event, the coin's value plummeted by more than 5% in the last 24 hours. In the same timeframe, Uniswap's token also experienced a significant decline of over 7.8%,» he added. Bitcoin (BTC) fell 2% to $29,030, meanwhile, its largest peer, Ethereum, was also trading lower and declined below the $1,850 level.

Crypto was a completely different world back in 2017.

On August 1st, the value of the popular cryptocurrency, Bitcoin, exceeded $29,000 and briefly even surpassed $30,000.

The US Department of Justice (DoJ) is mulling whether to press fraud charges against Binance, as per a Semafor report.

An exciting new crypto project called BTC20 took the crypto world by storm in July, selling out its $6.05 million presale in under two weeks.

Crypto exchange Coinbase’s CEO Brian Armstrong and former head of Twitter – now X – Jack Dorsey, highlighted the potential and future of Bitcoin’s Layer 2 (L2) payment protocol, the Lightning Network.

Looking for an online casino that approves payout requests instantly? If so, this guide compares the 10 best instant withdrawal casinos for 2023. 

Bitcoin is currently trading near $29,900, experiencing a decline from its recent peak of $29,900.

Bitcoin (BTC) hit one-week highs in the $29,700s on Tuesday after US software company MicroStrategy signaled intent to add significantly to its BTC holdings.

Blue chip cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are ebbing lower on the first day of August, with both hitting fresh one-and-a-half month lows under $29,000 and in the low $1,800s, respectively.

cryptocurrency markets were trading lower in Wednesday's trade. Bitcoin (BTC) declined 1.72% to $28,895, whereas Ethereum (ETH) was below the $1,850 level. Meanwhile, the global cryptocurrency market cap was trading lower, around $1.16 trillion, falling 1.74% in the last 24 hours.

On Tuesday, the trading value of Bitcoin dropped by nearly 2% to $28,912 amidst significant developments in the cryptocurrency landscape. 

Bitcoin (BTC), the world’s first and largest cryptocurrency by market capitalization, is on course to close out an uncharacteristically weak July lower by about 4% and stuck within familiar ranges in the low $29,000s.

As the market observes the live Bitcoin price at $29,183, it remains closely monitored with a 24-hour trading volume of $11.9 billion.