Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the Advantage

Bitcoin Price Outlook for October — Strong Dollar and Fed Rate Hike Gives Bears the AdvantageTen days into October, and ahead of this Wednesday’s U.S. inflation report, bitcoin prices fell to a one-week low. Prices of the world’s leading crypto asset were mostly in the red during September, trading below $20,000 for the majority of the month. As of writing, bitcoin continues to hover at these lows, with many traders […]

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Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion

Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 TrillionThe price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month. Bitcoin’s Value Jumped 45% Last Month The crypto economy grew to around $1.99 […]

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South Korea’s Bitcoin ‘Kimchi Premium’ Reappears, Korbit and Bithumb Exchange Volumes Spike

South Korea's Bitcoin 'Kimchi Premium' Reappears, Korbit and Bithumb Exchange Volumes SpikeDuring the first week of April, South Korea’s ‘kimchi premium’ on domestic cryptocurrency exchanges had jumped over 18%, but then leveled off, equalizing with global exchange rates over the last two weeks. On Monday, as bitcoin prices spiked 8% higher surpassing the $54k zone, in South Korea, the premium on bitcoin climbed 4.56% higher than […]

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Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind

Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way BehindOn November 17, the price of bitcoin touched another 2020 all-time high (ATH) when the crypto asset surpassed the $17k price zone on Tuesday. Bitcoin dominance has risen higher during the last few months and currently hovers at 65% this week. Despite the massive rise in bitcoin value during the last few months, altcoins are […]

The post Bitcoin Touches $17K Price Zone, BTC Dominance Levels High, Altcoins Still Way Behind appeared first on Bitcoin News.

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If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back

If Bitcoin Passes $14K, Analysts Say Bitcoin Traders 'Should Look to $20,000' Instead of Looking BackWhile bitcoin prices touched all-time 2020 highs on Tuesday, a few analysts say they are expecting only a few more hurdles to surpass the 2017 all-time high (ATH). For instance, the market analyst from Etoro, David Derhy, says to look to $20,000 instead of back at $12,000. A few traders and popular cryptocurrency analysts think […]

The post If Bitcoin Passes $14K, Analysts Say Traders ‘Should Look to $20,000’ Instead of Looking Back appeared first on Bitcoin News.

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