bitcoin price | ForkLog

ForkLog 69 18.09.2024

Bitcoin Tests $61,000 Amid Fed Rate Cut

On September 18, the United States Federal Reserve lowered the target range for the federal funds rate to 4.75–5% per annum. This marks the first reduction since March 2020. The decision aligned with market expectations. “Recent indicators suggest that economic activity continues to expand at a solid pace. Job gains have slowed, and the unemployment […]

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ForkLog 11 17.09.2024

Bitcoin Tests the $61,000 Level

The leading cryptocurrency has resumed its upward trajectory, reaching levels last seen at the end of August. The digital gold has risen by 5.6% over the past 24 hours, according to CoinGecko. At the time of writing, the asset is attempting to consolidate at the $61,000 level. Four-hour BTC/USDT chart on Binance. Data: TradingView. Alongside […]

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ForkLog 9 13.09.2024

Bitcoin Nears $60,000 Amid Market Rally

Around 18:00 (Kyiv/MSK), the leading cryptocurrency experienced a rapid surge, approaching $60,000. Over the past 24 hours, the asset appreciated by 3.2%. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading around $59,600 with a market capitalization of $1.17 trillion. These figures have returned to levels seen at the […]

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ForkLog 58 11.09.2024

US Inflation Slows as Bitcoin Struggles to Hold $56,500

In August, the annual inflation rate in the US stood at 2.5%, down from 2.9% the previous month. This figure matched market expectations. On a monthly basis, the consumer price index rose by 0.2%, consistent with July’s increase. The result aligns with the consensus forecast. Excluding food and energy prices, the index increased by 0.3% […]

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ForkLog 7 07.09.2024

Bitcoin Dips Below $53,000 Amid Market Volatility

In the early hours of Saturday, September 7, the price of the leading cryptocurrency briefly fell below the $53,000 mark. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the digital asset had recovered to $54,300, marking a 3.8% loss over the past 24 hours. Most digital assets in the top 10 […]

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ForkLog 11 06.09.2024

Bitcoin Price Drops to $54,000

On September 6, around 13:00 (Kyiv/Moscow time), the price of the leading cryptocurrency began to decline, plummeting from $56,000 to $54,000—a drop of 3.5%. 15-minute BTC/USDT chart from Binance. Data: TradingView. Bitcoin’s decline dragged other top-10 digital assets by market capitalization into the “red zone.” Ethereum fell to $2270, a 4% decrease over the day. […]

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ForkLog 11 05.09.2024

New Investors Pose Risk to Bitcoin, Says Glassnode

The average new market participant is experiencing unrealized losses, which could increase selling pressure if the price of digital gold continues to correct, according to a report by Glassnode.

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ForkLog 10 04.09.2024

Bitcoin Tests $56,000 Level Amid Market Volatility

In the early hours of Wednesday, September 4, the price of the leading cryptocurrency fell to a four-week low of $56,000. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $56,470, having lost 4.3% over the past 24 hours. Ethereum’s daily decline stands at 5.7%, with a price […]

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ForkLog 23 02.09.2024

Bitcoin Price Stabilises Below $58,000

The leading cryptocurrency fell by 8.6% in August. Historically, September sees an average decline of 4.5%. Analysts anticipate continued volatility but expect a medium-term recovery in optimism. The number of bitcoin wallets holding at least 100 BTC has reached a 17-month high (16,120). In the early hours of Monday, September 2, the price of the […]

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ForkLog 7 28.08.2024

Bitcoin’s Dip Below $60,000 Linked to Durov and TON Turmoil, Says Expert

The decline of TON, exacerbated by the prolonged detention of Telegram founder Pavel Durov, may have triggered a downturn in the digital asset market. This was suggested by cryptocurrency trader Vladimir Cohen in a conversation with ForkLog. The expert noted that the drop on the night of August 28 was influenced by the actions of […]

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ForkLog 14 28.08.2024

Bitcoin Slips Below $60,000 Mark

In the early hours of Wednesday, August 28, the price of the leading cryptocurrency fell below the psychological threshold of $60,000. The decline was exacerbated by the triggering of stop orders, as indicated by the increased trading volume. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $59,200, […]

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ForkLog 12 24.08.2024

Bitcoin Nears $65,000 Mark

In the early hours of Saturday, August 24, the price of the leading cryptocurrency surpassed $64,000. At one point, digital gold approached $65,000 but did not breach the psychological threshold. Hourly BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin is trading at $64,200, having gained 5.2% over the past 24 hours. […]

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