bitcoin price | ForkLog

ForkLog 11 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 […]

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ForkLog 60 05.03.2024

Bitcoin Surpasses Historic High of $69,000

The leading cryptocurrency has reached a new all-time high, with its price exceeding $69,000 on the Coinbase exchange.

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ForkLog 40 05.03.2024

Fear and Greed Index Reaches February 2021 Levels

As Bitcoin approaches its all-time high, the cryptocurrency fear and greed index has reached a level of 90, the highest since February 2021. Data: alternative.me. The chart shows that for several years the metric remained below 70. Market sentiment began to noticeably improve last autumn as the market recovered and entered a bullish phase. Data: […]

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ForkLog 36 05.03.2024

Bitcoin Price Tests $68,000 Level

On Tuesday, March 5, the price of the leading cryptocurrency rose above $68,000. On Binance, quotes reached $68,686. Hourly chart of BTC/USDT on Binance. Data: TradingView. At the time of writing, the price had corrected, with Bitcoin trading around $67,100. Over the past 24 hours, the asset increased by 5.6% (CoinGecko). The sharp price movement […]

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ForkLog 33 04.03.2024

Bitcoin Could Reach $10.6 Million by 2045, Expert Predicts

In the next 15 years, Bitcoin could increase 64-fold, reaching $10.63 million. This forecast comes from former physics professor Giovanni Santostasi, based on a power law model. First cut from my 90 min deep dive with @Giovann35084111 This is the chart that you “can’t unsee”. Non-intuitive aspects of the power lawIn the next 15 years […]

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ForkLog 8 04.03.2024

Bitcoin Price Surges Past $66,000

On Monday, March 4, the price of the leading cryptocurrency surpassed $65,000. Over the past 24 hours, the asset appreciated by 5.2%, according to CoinGecko. Update: The price of the leading cryptocurrency reached $66,000, marking a 6% increase over the past 24 hours, according to CoinGecko. 15-minute BTC/USDT chart on Binance. Data: TradingView. Bitcoin’s market […]

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ForkLog 16 01.03.2024

Bitcoin’s Record Month Thwarted by Second-Largest GBTC Outflow

On February 29, outflows from the Grayscale Bitcoin Trust ETF (GBTC) reached $598.9 million, marking the second-largest in history. This development interrupted Bitcoin’s five-day growth streak, closing the month with a near-record increase of 43.6%. $600m outflow for $GBTC today. That’s a lot. Two steps forward one step back. https://t.co/eWaEPMzUIW — Eric Balchunas (@EricBalchunas) February […]

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ForkLog 30 29.02.2024

JPMorgan Analysts Predict Bitcoin Correction to $42,000 Post-Halving

The upcoming halving in April could trigger a sharp decline in the price of the leading cryptocurrency, reports The Block, citing experts from JPMorgan. The algorithmically programmed reduction in rewards from 6.25 BTC to 3.125 BTC will decrease mining profitability. The financial institution’s report notes that the cost of production influences the price of digital […]

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ForkLog 21 28.02.2024

Bitcoin Surpasses $64,000 as Ethereum Soars Above $3,500

On Wednesday, February 28, the price of the leading cryptocurrency surpassed the $58,000 mark. At the time of writing, Bitcoin is trading at $58,500, having gained 4.1% over the past 24 hours. Hourly BTC/USDT chart on Binance. Data: TradingView. February 29, 2024 | 10:43Update: On the evening of February 28, Bitcoin tested $64,000 but failed […]

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ForkLog 16 27.02.2024

Bitcoin Surpasses $57,000 Mark

On the morning of February 27, the price of the leading cryptocurrency exceeded $56,000, reaching a peak last seen in November 2021. 15-minute BTC/USDT chart on Binance. Data: TradingView. The price of Bitcoin tested the $57,000 level but had corrected to $56,429 at the time of writing. February 27, 2024 | 15:48Update: Bitcoin prices rose […]

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ForkLog 11 26.02.2024

Bitcoin Surges Past $53,000, Ethereum Exceeds $3,000

On Monday, February 26, the price of the leading cryptocurrency surpassed $53,000. Over the past 24 hours, the asset gained 3.6%, according to CoinGecko. At the time of writing, digital gold remains above $53,400. Hourly chart of BTC/USDT on Binance. Data: TradingView. The price of the second-largest cryptocurrency by market capitalization rose by 3.8% over […]

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ForkLog 15 23.02.2024

Matrixport Predicts Bitcoin Could Reach $63,000 by March

The target of $63,000 for Bitcoin by March 2024 appears attainable, according to a report by Matrixport. Matrixport released a new report stating that BTC’s goal of reaching $63,000 in March 2024 is achievable. Catalysts include: the approval of a Bitcoin spot ETF, the Bitcoin halving, expectations of an interest rate cut after the Fed’s […]

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