Bitcoin Ends September with 5% Gain, Strong October Start Fuels Bullish Sentiment
The price of Bitcoin (BTC) closed September on a positive note, marking a nearly 5% increase for the month. The early days of October have seen a substantial price surge, which is still ongoing. Analyzing the weekly timeframe, it's evident that BTC's price has been rising since the beginning of S ...
Bitcoin (BTC) Breaks Out, Approaches Weekly Highs Near Wall Street Opening”
Bitcoin (BTC) experienced a breakout, surging higher as it approached the Wall Street opening on September 27. The price of BTC reached $26,823 on Bitstamp, marking a 2% increase and bringing it to near-weekly highs. Here are some key points from this development: Analysts had already been eyeing ...
Bitcoin Price Analysis and Market Trends: September 2023
Prominent cryptocurrency influencer Ben Armstrong, previously known as BitBoy, found himself in a dramatic situation as he was arrested while live-streaming outside the residence of a former business associate. Armstrong accused the associate of possessing his Lamborghini. The incident unfolded afte ...
Bitcoin Price Analysis: BTC Struggles to Maintain Support Above $26,500
Bitcoin's price is currently on a downward trajectory, struggling to maintain support above $26,500. It faces the potential for further losses if it fails to hold above the $26,000 support level. Bitcoin experienced a decline after it was unable to break through the $27,500 resistance level. T ...
Analyst Who Predicted 2022 Bitcoin Bottom Sees Potential for New High in 2023
An analyst known as DonAlt, who correctly predicted the bottom of the Bitcoin (BTC) market in 2022, believes that BTC has the potential to experience a significant rally and reach a new yearly high in 2023. DonAlt suggests that if Bitcoin breaks through the current resistance level, it could target ...
Bitcoin Mining Revenue Surges to $755M in March 2023
Bitcoin mining companies have reported their best results since May of the previous year, with a combined revenue of $755 million generated in March of 2023. The hashrate of the Bitcoin network continues to rise, and so does the difficulty of mining the first cryptocurrency. Despite these chal ...
Bitcoin Mining Difficulty Reaches New Record: 43.55 Trillion Hashes
The difficulty of mining the first cryptocurrency has been recalculated, and it has shown a 1.16% increase, reaching a new record of 43.55 trillion hashes. This new record makes Bitcoin mining more challenging and less profitable. Previously, on February 25, the difficulty of mining reached 43.05 ...