Bitcoin – BTCUSD
In this section, you will find important Bitcoin news, actionable trading ideas, and a live Bitcoin (BTCUSD) chart to help you understand the markets better.
Bitcoin (BTC) was the first cryptocurrency to turn mainstream. It is a peer-to-peer system that is controlled via blockchain technology. There is no bank or administrator controlling the digital currency. Bitcoin can be used to buy and trade on crypto exchanges, and is traded against the world’s major currencies such as the USD (BTCUSD). Bitcoins are stored in electronic wallets, which depend on private keys and cryptography. The private key is to manage your Bitcoin wallet while the public key is used to send and receive Bitcoin.
As Bitcoin transactions occur, records must be logged into the digital system called the Blockchain, but these logs are be done by sophisticated computer systems. Those who own these systems can allow their computer to log these records into the Blockchain and as a reward for their time and service, they receive Bitcoin.
There are a growing number of businesses and individuals using Bitcoin. This includes businesses like restaurants, hotels, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new currency, it is growing fast. Therefore, relatively small events, trades, or business activities can significantly affect the price. In theory, this volatility will decrease as Bitcoin markets and the technology matures.
Live Bitcoin Chart
Bitcoin (BTC/USD) News
Bitcoin (BTCUSD) is once more pushing for a challenge of a key support level on the long-term charts. After making a major move lower to breach the 8289 support level, Bitcoin attempted to make a pullback to this level but was rejected. This is not unexpected, as the broken support [...]
The price of Bitcoin (BTCUSD) has broken below the 8289 key price level, after flirting around it for several days. Intraday bias continues to remain bearish on the lack of bullish triggers, after the pair has traded in a tight range throughout the week. The price activity is seen extending [...]
Βitcoin - BTCUSD trades 1.98% lower today at $7,996.80 close to monthly lows as bitcoin failed to break above the 200-day moving average the last two weeks. Bitcoin capitalisation now stands at 144.49 billion, while the capitalisation of the 100 bigest cryptocurrencies is above 217.51 billion. Don’t miss a beat! [...]
Will the Swiss National Bank (SNB) become the first central bank to start issuing a digital currency similar to Bitcoin? Well, this may very well be the case if the latest reports are anything to go by. An announcement has just been made by the SNB to the effect that [...]
If what? If Bitcoin (BTCUSD) is able to sustain the break of the 8289.98 key resistance level that has served at various times as support and resistance over the course of 2 years. But how did Bitcoin prices get here and what is the next move for BTCUSD? In numerous [...]
BTCUSD - Βitcoin trades 0.24% higher today at $8,194 close to three-month lows as bitcoin struggles for a break above the 200-day moving average. Bitcoin capitalization now stands at 147.65 billion, while the capitalization of the 100 bigest cryptocurrencies is above 223.37 billion. Download our BTC Q4 Outlook Today! Bitcoin [...]
Βitcoin - BTCUSD trades higher today adding 0.59% at 7,900 close to three-month lows as the downtrend resumed during the weekend after bitcoin failed to break above the 200-day moving average. Bitcoin capitalization now stands at 143.41 billion, while the capitalization of the 100 biggest cryptocurrencies is above 215 billion. [...]
Βitcoin prices (BTCUSD) are lower today, giving up 0.94% on the day, and trading at $8,294, close to a three-month low as bitcoin is trying to break above the 200-day moving average. Today, Bitcoin capitalization stands at 149.30 billion, while the capitalization of the 100 biggest cryptocurrencies is above 220 [...]
Bitcoin prices (BTCUSD) have stabilized in the last few days following the sharp one day decline of 11.85% decline exactly one week ago. The prices have found support as they approached the June low of $7435.57, and might be able to stage a bounce from current levels as long as [...]
Bitcoin – BTCUSD has broken below markers of key support as the bearish sentiment continues to prevail. Yesterday night, BTCUSD took out the 8289 support line with an amazing 39% price penetration filter, which has opened the door for more downside unless something really radical happens to reverse the trend. [...]