Tag: btc price

After a period of being heavily impacted by negative news, the world's biggest cryptocurrency Bitcoin is having an impressive recovery of more than 8%.

Bitcoin has returned to its highest value since August 2022 after the Fed announced a rate hike of 0.25%.

Cryptory.net - This is the highest level of Bitcoin since Nov 8, 2022, when the FTX collapsed.

Altcoins typically reflect the price movement of Bitcoin, the biggest cryptocurrency by market capitalization. However, these 2 altcoins, over the past two weeks, outperformed BTC.

Cryptory.net - Bitcoin price keeps falling and shows no signs of recovery but the number of Bitcoin holders is still at a record high.

Searching Bitcoin or Ethereum on Twitter now returns a price chart powered by Robinhood.

Cryptory.net - Bitcoin could drop to $5,000, a 70% plunge from its current price of $17,000, according to a report entitled “The financial-market surprises of 2023” by Standard Chartered.

Cryptory.net - Total Bitcoin mining revenue including block rewards and transaction fees has plummeted amid the crypto winter.

The quick collapse of one of the largest crypto exchanges has impacted significantly on investors’ sentiment. As confidence is shaken, and selling pressure is strong, who are the biggest sellers right now, long-term or short-term Bitcoin holders?