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Bitcoin News / Bitcoin.com - 5 months ago

Bitcoin Price Watch: $86K and Climbing—But for How Long?

Bitcoin is trading at $86,550 with a market cap of $1.72 trillion and 24-hour trading volume standing firm at $45.17 billion. The intraday price range of $83,402 to $86,828 paints a picture of resilient bulls and hesitant bears locking horns across m...

Bitcoin News / Bitcoinist - 5 months ago

Bitcoin Faces Potential Rally Trap As Smart Money Silently Reaccumulates — Details

A recent on-chain evaluation has been published, which suggests that Bitcoin may be entering into a classic deceptive phase in its market cycle, a dynamic that poses a trap for potential market participants expecting a straightforward price recovery....

Bitcoin News / Bitcoin.com - 5 months ago

Bitcoin Hashprice Falls to Record Low as Network Hashrate Shows Early Signs of Pullback

Bitcoin’s hashprice has fallen to a new all-time low below $35 per petahash per second (PH/s), hit by the combination of bitcoin’s price drop and persistently high network difficulty. This article is from Theminermag, a trade publication for the cryp...