Everything about Bitcoin (BTC) in one place – price predictions, opinions, interviews, developments, updates and more.
Bitcoin’s recent attempt to surpass $60,000 was met with strong resistance, resulting in a 2.6% drop to $58,450.
Bitcoin (BTC) has struggled to recover after a sharp decline below $50,000 in early August, amid a downturn in global markets.
Recent on-chain data reveals that about 75% of all Bitcoin in circulation has stayed untouched for over six months.
In a notable development, Wintermute, a major player in the crypto market, has sold off nearly its entire stash of Wrapped Bitcoin (WBTC) on Binance, as revealed by on-chain data.
Bitcoin (BTC) is once again hovering around the significant $60,000 mark, stirring mixed sentiment among market participants.
Last Friday, gold hit a record high, exceeding $2,500 per ounce, while Bitcoin struggled to keep pace. This has led to a debate within the financial community about the fundamental differences between the two assets.
Adam Back, CEO of Blockstream, believes Bitcoin is still in the early phases of a bull market and could potentially rise by over 700% this cycle.