Bitcoin price (BTCUSD) is still under pressure. The currency is up by about 1% in the past 24 hours and...
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.
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Bitcoin price (BTCUSD) is down by 0.83% today as traders continue to reflect on last week’s plunge. The price is...
Bitcoin price trades on negative foot as the number one cryptocurrency consolidates close to recent lows above the 10,000 after the sharp correction the previous week.
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Bitcoin price (BTCUSD) is down by 0.63% today as traders continue to focus on the strength of the US dollar....
The Bitcoin price has failed to close above the $12,000 level and is seeing a pullback today, alongside the price...
Bitcoin price (BTCUSD) price is under siege. The price is up by about 0.72% in the past 24 hours and...
Bitcoin price hesitated at key $12,500 level and started another long-term consolidation. But the spike higher that was quickly retraced...
Bitcoin price continues to feel the selling pressure after the recent sharp correction. Bitcoin rally stalled at 12,462 and the correction that started two weeks ago continues despite the risk-on sentiment in the markets