Bitcoin Price Update

Bitcoin continues to fluctuate in value between $41,000 and $43,000 at the start of the week. The most popular cryptocurrency worldwide cannot overcome the bad news and fear of shrinking most financial markets. For instance, the U.S. just recorded the highest inflation in the past four decades. Nevertheless, crypto analysts remain optimistic about Bitcoin's foreseeable future. Bitcoin’s Flat Volatility As the third week of January kicks off, the crypto market’s capitalization drops below the $2 trillion level. This downtrend affects…

Bitcoin’s price is stuck around $46,000 and has not moved higher even though there is some strong momentum and buying. Over the past few months, Bitcoin has been moving up and down by up to 50%. This week, it managed to cross above the 40,000 marks after being below the level for about two months. The cryptocurrency and blockchain market, in general, has risen to $8.7 billion in just the first half of 2021 compared to $4.3 billion in the…

Bitcoin price is continuing an upward movement this week with a massive gain compared to the past weeks. The price went to highs that the cryptocurrency has not reached after the collapse it underwent after it reached its record height above $63,000. Generally, the crypto market is recovering, with top coins gaining as much as 15% in a single day. Ethereum has been climbing aggressively and since June has surged about 80 % to get to $3,179.47. Bitcoin, on the…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,655 trillion. Bitcoin is up by roughly 21% after an enthusiastic week. Ethereum has increased by over 19% over the past seven days. XRP records a 25% value boost over the week. Dogecoin, Polkadot, and Cardano end the week with significant value boosts. The DeFi sector added almost $10 billion to the total value…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $1,377 trillion. Bitcoin is up by roughly 7% after a turbulent week. Ethereum has increased by over 8% over the past seven days. XRP records a 1% value boost over the week. Dogecoin, Polkadot, and Cardano end the week with minor value increases. The DeFi sector added almost $7 billion to the total value…