bitcoin price | ForkLog

ForkLog 13 01.03.2025

Bitcoin May Correct to $72,000, Says Expert

The price of the leading cryptocurrency could plummet to a support level of $72,000. This view was expressed in a conversation with Cointelegraph by Nexo platform analyst Ilya Kalchev here.

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ForkLog 20 27.02.2025

Bitcoin Dips Below $83,000 Amid Trump’s Tariff Announcement on EU Goods

On the night of February 27, the price of the leading cryptocurrency fell below $83,000, only to later recover to $86,000. The catalyst was Donald Trump’s announcement of 25% tariffs on imports from the EU. “The European Union was created to take advantage of the United States. And that goal has been well executed,” he […]

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ForkLog 64 27.02.2025

Fear and Greed Index Matches June 2022 Levels Amid Market Correction

Amid the ongoing market correction, the cryptocurrency fear and greed index dropped to 10 points, indicating a zone of extreme panic. Such levels were last seen in June 2022.

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ForkLog 13 26.02.2025

Bitcoin back to $89,000 as altcoins lead the rebound

Cryptocurrencies remain under pressure from a weak macro backdrop; Nvidia’s earnings, due overnight into February 27, could prove pivotal. In Ethereum options, demand is rising for $2,000-strike contracts alongside a rotation out of calls. At MakerDAO, three positions totaling $340 million are at risk if the price of the second-largest cryptocurrency falls. The price of […]

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ForkLog 29 25.02.2025

Bitfinex Analysts Label Bitcoin’s Current Correction as ‘Critical’

Experts from the Bitfinex exchange stated that the drop in Bitcoin’s price below $91,000 marks a “critical moment” amid a three-month consolidation. On February 25, the price of the digital asset briefly fell to $88,200.

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ForkLog 25 20.02.2025

Trump Attributes Bitcoin Highs to His Policies

US President Donald Trump has reiterated his intention to make the country a global leader in the cryptocurrency sector. He shared this ambition at the Future Investment Initiative Institute conference in Miami, as reported by The Block.

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ForkLog 8 12.02.2025

Bitcoin Dips to $95,000 Amid Rising US Inflation

In January, the US Consumer Price Index (CPI) increased by 0.5%. Annually, inflation accelerated to 3%. The figure exceeded the forecast of 2.9%, according to data from the US Bureau of Labor Statistics (BLS). The core CPI, excluding food and energy prices, rose 3.3% over 12 months, compared to expectations of 3.1%. The index increased […]

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ForkLog 7 08.02.2025

Standard Chartered Sees Favourable Market Conditions for Bitcoin

Macroeconomic data indicates stability in the American economy. The US Federal Reserve will conclude the “era of expensive money” by June. Technical analyst Michaël van de Poppe anticipates a market capitalisation recovery post-correction. Experts at Standard Chartered believe the current market situation creates favourable conditions for Bitcoin and the digital asset sector as a whole; […]

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ForkLog 16 08.02.2025

Bitcoin on-chain activity hits a one-year low

The daily transaction count on the first cryptocurrency’s network has fallen 53% from its September peak. The decline in on-chain activity is partly tied to waning interest in the Runes protocol. Based on current metrics, CryptoQuant analysts conclude that bitcoin is overvalued. CryptoQuant reported a marked drop in transactional activity on the first cryptocurrency’s network. […]

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ForkLog 25 06.02.2025

Standard Chartered Predicts Bitcoin to Reach $500,000

Standard Chartered suggests that by 2028, the leading cryptocurrency could reach $500,000. The growth drivers will be widespread adoption among investors and reduced volatility, according to The Block.

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ForkLog 7 04.02.2025

Bitcoin Surges to $100,000 Following Delay in US Tariffs on Mexican and Canadian Imports

In the early hours of February 4, the price of the leading cryptocurrency rebounded to $100,000. The catalyst was reports of a 30-day suspension by Washington of the introduction of 25% tariffs on goods from Mexico and Canada following negotiations between the countries’ leaders and the US president. Claudia Sheinbaum and Justin Trudeau agreed to […]

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ForkLog 11 03.02.2025

Bitcoin’s ‘Kimchi Premium’ Hits Three-Year High

On February 3rd, the ‘kimchi premium’ on Bitcoin—a measure of price inflation on South Korean crypto exchanges—reached a three-year high, exceeding 11.9%. #Bitcoin Kimchi Premium is 12% right now—a three-year high. The main reason for BTC drop seems to be the strong DXY. pic.twitter.com/fjFOyUH5Pr — Ki Young Ju (@ki_young_ju) February 3, 2025 The widening price […]

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