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BITCOIN PRICE
Bitcoin was up on Friday, trading above $115,000 after gaining significantly over the previous day.
Bitcoin has been trading at $109,000 as of Tuesday morning, navigating a volatile market amid widespread liquidations that have triggered a wave of forced selling among over-leveraged traders.
Bitcoin soared to a record high on Wednesday, surpassing its previous peak from January, as global investor sentiment continues to rebound following last month’s tariff-related market jitters.
The pioneer crypto asset moved close to its all-time high amid significant institutional activity in the Bitcoin market.
MicroStrategy, a leading business intelligence firm, has acquired an additional 7,390 Bitcoin for approximately $764.9 million in a significant development in the cryptocurrency market.
Mt. Gox, the defunct crypto exchange has moved another fresh $2.47 billion to an unknown address after heavy onchain activities yesterday.
Large holders of Bitcoin have taken full advantage of the recent price dip of the primary crypto asset to expand their portfolio adding an additional 71,000 BTC this week.
Experienced trader, Peter Brandt, has stated that Bitcoin’s Bull run is following similar post-halving patterns and could hit $130,000 by September next year. Peter Brandt compared the market sentiments of Bitcoin during the last halving event to the behaviour of Bitcoin after the latest halving event that occurred in April.
Bitcoin price is hovering around $255.8K, well within the recent intraday range ahead of the Federal Reserve's key policy announcement on Wednesday.
Over 55,000 traders were forced into liquidation as anxiety around Bitcoin increased due to high transaction fees and a backlog of transactions.
Bitcoin started the New Year on a bullish note, having gained over 25% in the past two weeks of 2023 to trade above $21, 000
Thursday, 23rd December 2021: The exchange rate between the naira and the US dollar closed at N414.73/$1 at...