bitcoin price | ForkLog

ForkLog 8 10.04.2024

Bitcoin Falls Below $68,000 Amid Rising US Inflation

In March, annual inflation in the US accelerated to 3.5%, surpassing the forecast of 3.4% and the previous month’s figure of 3.2%. Excluding food and energy prices, the CPI reached 3.8%. On a monthly basis, consumer inflation increased by 0.4%, mirroring the previous month’s rise. Matthew Miskin of John Hancock Investment Management noted that premature […]

AI translated

ForkLog 10 02.04.2024

Bitcoin Falls Below $65,000 Amid Mass Long Liquidations

On the night of April 2, the price of the leading cryptocurrency plummeted from $69,500 to $66,000, marking a 5% drop within 24 hours. 15-minute BTC/USDT chart from Binance. Data: TradingView. April 2, 2024 | 16:44Update: Bitcoin has dropped below $65,000 and is trading around $64,800 at the time of writing. 15-minute BTC/USDT chart from […]

AI translated

ForkLog 16 26.03.2024

Bitcoin Surges Past $71,000 Amid Rising Investment Demand

On March 26, the price of the leading cryptocurrency once again surpassed $71,000, gaining 6% in a day. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the coin is trading at $71,260. Its market capitalization stands at $1.4 trillion with a trading volume of $45 billion, according to CoinGecko. Following Bitcoin, […]

AI translated

ForkLog 11 21.03.2024

Bernstein Analysts Raise Bitcoin Price Forecast to $90,000

Amid improving market dynamics, Bernstein analysts have revised their Bitcoin forecast from $80,000 to $90,000 by the end of the year, reports The Block. Experts also anticipate the leading cryptocurrency reaching $150,000 at the peak of the 2024-2025 bull rally. They believe the upcoming halving will not impact miners as significantly as in previous years. […]

AI translated

ForkLog 12 20.03.2024

Federal Reserve Holds Key Rate Steady as Bitcoin Shows Little Reaction

On March 20th, the United States Federal Reserve maintained its key interest rate range at 5.25–5.5% per annum. The decision aligned with market expectations. According to the Federal Reserve, inflation has decreased over the past year but remains high. The agency also noted the low unemployment rate. In the long term, the Federal Reserve aims […]

AI translated

ForkLog 9 20.03.2024

Bitcoin Price Drops to $61,000

On March 20, the leading cryptocurrency fell to $61,000, a 5.5% decline over the day. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, the coin is trading at $61,900. Bitcoin’s market capitalization stands at $1.21 trillion with a trading volume of $78 billion, according to CoinGecko. Following the digital gold, all […]

AI translated

ForkLog 10 19.03.2024

Bernstein Analysts View Correction as a Prime Buying Opportunity

The current price correction of digital gold from $73,000 to around $63,000 is seen as a temporary opportunity for “buying the dip” ahead of the April halving. This perspective was shared by Bernstein researchers, reports The Block.

AI translated

ForkLog 8 19.03.2024

Bitcoin Dips Below $64,000

On March 19, the price of the leading cryptocurrency fell from $68,200 to $64,800, marking a 5% decrease in a day. 15-minute BTC/USDT chart on Binance. Data: TradingView. March 19, 2024 | 10:16Update: Bitcoin’s price has fallen below $64,000, trading around $63,900. 15-minute BTC/USDT chart on Binance. Data: TradingView. At the time of writing, Bitcoin […]

AI translated

ForkLog 8 15.03.2024

Bitcoin Price Plummets Below $68,000

On Friday, March 15, the price of the leading cryptocurrency fell below $68,000. The asset depreciated by nearly 8% over the day, according to CoinGecko. Hourly chart of BTC/USDT on Binance. Data: TradingView. March 15, 2024 | 19:37Update: At one point, the price dipped below $66,000. Bitcoin is currently trading sideways around the $68,000 level. […]

AI translated

ForkLog 18 11.03.2024

Bitcoin Surpasses $72,000 Mark

On Monday, March 11, the price of the leading cryptocurrency exceeded $70,000. Over the past 24 hours, the asset gained 1.5%, according to CoinGecko. March 11, 2024 | 10:57Update: Bitcoin’s price briefly surpassed $71,000 but failed to hold above this level. The growth over the last 24 hours was 2.7%. Hourly chart of BTC/USDT on […]

AI translated

ForkLog 8 08.03.2024

Bitcoin Nears $70,000 as Ethereum Approaches $4,000

On Friday, March 8, the price of the leading cryptocurrency nearly reached $70,000, with Bitcoin hitting $69,991 on the Binance exchange. At the time of writing, the price had adjusted to around $68,000. Over the past 24 hours, digital gold has risen by 1.2%, according to CoinGecko. 15-minute chart of BTC/USDT on Binance. Data: TradingView. […]

AI translated

ForkLog 9 07.03.2024

Bitcoin’s ‘Kimchi Premium’ Reaches Two-Year High

The premium on South Korean cryptocurrency exchanges compared to global averages has surged to a 27-month high of 10.32%. This data is provided by analysts at CryptoQuant. This phenomenon is shaped by local regulations that hinder arbitrage. Non-residents are barred from accessing local platforms. South Korean investors, under the Foreign Exchange Transactions Act, may face […]

AI translated

#bitcoin price