bitcoin price | ForkLog

ForkLog 7 10.05.2023

Inflation barely budges; Bitcoin climbs.

Year-on-year inflation in the United States slowed in April from 5% to 4.9%, below forecasts of 5%. Bitcoin settled above $28,000, rising 2.1% on the day.

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ForkLog 16 04.05.2023

Bitcoin tops $29,000 after PacWest bank troubles data

In after-hours trading on May 3, PacWest Bancorp shares tumbled 52.5% after Bloomberg reports that it was weighing a potential sale or capital raise. Bitcoin, for its part, erased its losses after the Fed meeting.

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ForkLog 11 03.05.2023

Fed raises key rate; Bitcoin holds above $28,500

On Wednesday, May 3, the U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 5–5.25% per annum.

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ForkLog 8 27.04.2023

Analysts see a limited impact from Mt.Gox compensation payouts

Payouts to Mt.Gox creditors will have a limited impact on Bitcoin's price, according to Matrixport analysts.

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ForkLog 21 26.04.2023

Bitcoin price back above $30,000

On Wednesday, April 26, the price of the leading cryptocurrency crossed the $29,000 level. At one point, Bitcoin reached $29,130 (on Binance).

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ForkLog 22 24.04.2023

Analysts forecast Bitcoin to reach $100,000 by the end of 2024.

By the end of 2024, the price of the leading cryptocurrency could reach $100,000, according to Standard Chartered. Reuters reports.

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ForkLog 13 22.04.2023

Bitcoin price falls below $27,400

On Friday evening, April 21, Bitcoin breached the $28,000 mark. At the time of writing, Bitcoin is trading below $27,400.

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ForkLog 9 19.04.2023

Bitcoin price sinks below $30,000; Ethereum trades under $2,000

On Wednesday, March 19, Bitcoin's price fell 3.1% in an hour to $29,000. Ethereum and other cryptocurrencies also showed sharp declines.

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ForkLog 43 14.04.2023

Ark Invest lays out timeline for Bitcoin to reach $1m

In the next decade, the price of Bitcoin could reach $1 million amid the growth of the digital economy. The forecast came in an interview with the TD Ameritrade Network from Ark Invest analyst Yassine Elmandjra.

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ForkLog 8 12.04.2023

Bank of America analysts see Bitcoin rally continuing

The year-to-date rise in the price of the first cryptocurrency appears set to continue. Analysts at Bank of America forecast this, according to Bloomberg reports.

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ForkLog 11 12.04.2023

US inflation slows; Bitcoin nears $30,500

The year-on-year rise in consumer prices in March slowed from 6% to 5%, and the monthly rate from 0.4% to 0.1%. After the data were published, Bitcoin jumped to its highest level since June 2022, nearing $30,500.

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ForkLog 15 11.04.2023

Bitcoin dominance index reaches levels last seen in summer 2021

Bitcoin's share of the total cryptocurrency market capitalization rose above 45%.

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