Bitcoin price has been trading higher as of late. However, technicals suggest that the bullish run on BTCUSD could soon be over.
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.
A broad-based crypto selloff lead by BTCUSD is playing out in the market on the first day of the Easter...
The BTCUSD pair continued to rise as the countdown for “halving” got closer. The event, which will happen in the...
Bitcoin price trades higher but off the daily highs as the crypto pair rejected for the second day in a...
Bitcoin price stalled at $7,480 the 50-day moving average as the rebound from March lows accelerates above the 7,000 mark. Bitcoin gained over 90% since the March 13
Bitcoin price gains momentum as it breaks above the $7,000 mark, as BTCUSD has established positive momentum since the March 13 lows. Bitcoin positive momentum accelerates above the $6400
Bitcoin price rose yesterday as optimism returned into the market. The price crossed the important level of $7,000 before making...
Ripple price, as represented on the XRPUSD pair, continues its slow but steady ascent as investors appear pleased with some...
Bitcoin price keeps the positive momentum after yesterday’s strong gains. Bitcoin has established an upward trend since the March 13 lows.
Bitcoin price ended the quarter down by more than 10%. Still, enthusiasts are happy that the price outperformed the overall...