Bitcoin price volatility Bitcoin, the pioneer of cryptocurrencies, has captured the world’s attention with its unprecedented price movements and volatility. Why do prices swing so dramatically? It’s a valid question. After all, Bitcoin is no longer just a fringe asset used by a small community of enthusiasts; it’s a mainstream investment, traded by major financial…
BTC, ETH, TotalCap support levels Fast facts Crypto Market Cap (TotalCap): So Close and Yet, So Far After the July high of $1.23 trillion, the TotalCap price suffered a breakdown on August 17 to the new minor support area at $1.01 trillion. There was a significant price increase, reaching so close to the descending (semi-dynamic)…
BTC Price Falls: Is There a Potential Reversal on the Horizon? Bitcoin has been plagued with low volatility after the widely celebrated rally to $30k on June 29. As usual, this has caused growing uncertainty among crypto enthusiasts in the past few weeks over Bitcoin’s subsequent decline to around $25k. Admittedly, according to popular opinion and expectation,…
BTC & ETH analysis It is no secret that Bitcoin (BTC) and Ethereum (ETH) are two of the biggest cryptocurrencies today, with BTC having a market cap of over $500 billion and ETH, having a market cap of over $200 billion. They are big enough that their price behavior tends to influence other cryptocurrencies. Which…
MicroStrategy Acquires Additional BTC MicroStrategy, a business intelligence and software company, has recently made another significant acquisition in the world of cryptocurrency. The company has announced in a report the purchase of an additional 12,333 BTC for approximately $347.0 million. This acquisition brings their total Bitcoin holdings to an impressive 152,333 BTC. The average price…