btc price today
This topic provides the majority of digital currency enthusiasts with the Bitcoin price, the latest Bitcoin price trend today, the real-time Bitcoin market, and the Bitcoin price today.
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btc price today
Why did the price of BTC fall after the approval of Bitcoin ETF? Analysis of the reasons for the decline in BTC prices
2024 will be significant for Bitcoin. In addition to the upcoming Bitcoin halving, the Bitcoin spot ETF passed on January 11 has further broadened Bitcoin trading channels. The adoption of the Bitcoin ETF had a significant impact on the BTC price, taking it to a multi-year high of $49,102. However, the crypto asset then began to continue to fall and hit $39,431 on the 23rd, setting a new low this year. So, why is Bitcoin so down? Does the drop in BTC prices indicate that the ETF news is actually not as good as once thought? In this article, we will analyze them one by one. Bitcoin BTC Price Drops Below $40,000 US Securities and Exchange Commission (SEC) Recently Passed
Jan 27, 2024 am 09:45 AM
Bitcoin breaks through $50,000! Grayscale GBTC single-day net outflow hits record low
In the early morning (13), the Bitcoin BTC spot quotation continued to rise, breaking through the $50,000 mark, exceeding the highest price when the spot ETF passed. In the middle of the night on the 12th, Bitcoin began to rise from around US$48,800, and investors rushed to buy it. In just one hour, the price surged by more than US$1,000, successfully breaking through the US$50,000 mark. Previously, Bitcoin reached the $50,000 level on Christmas Day, December 25, 2021. According to Binance data, around 1 a.m. Beijing time, the price of Bitcoin exceeded US$50,000 and climbed to US$50,154 by the time of writing. Grayscale’s single-day net outflow of GBTC hit a new low. According to data, on the last trading day of this week, Grayscale’s net outflow of GBTC was 5,1
Feb 13, 2024 pm 12:40 PM
When to buy btc
When is the time to buy Bitcoin? As a cryptocurrency expert, this is one of the questions I get asked frequently. As one of the most widely discussed cryptocurrencies, Bitcoin’s price fluctuates frequently, so it’s important to determine when to buy. In the following Q&A, I will deeply analyze and dig into the timing of buying Bitcoin and provide you with some suggestions. 1. How are Bitcoin price fluctuations formed? To understand when to buy Bitcoin, you need to first understand the causes of its price fluctuations. As a decentralized digital currency, the price of Bitcoin is affected by many factors. These factors include market demand and supply, government regulatory policies, global economic conditions, and technological advancements.
Feb 08, 2024 am 08:03 AM
Learn how to borrow using BTC isolated margin on Binance exchange
Isolated margin trading is a method of trading with borrowed funds that allows traders to leverage their own funds to magnify profits or losses. In isolated margin trading, traders can only use borrowed funds to trade specific positions, rather than the funds of the entire account. From the above content, we can know that isolated margin leverage will involve borrowing currency, but as a novice, you still don’t know how to borrow currency to trade with isolated margin leverage? You can trade through exchanges that support isolated margin borrowing. Next, the editor will give you a detailed tutorial on isolated margin borrowing. How to borrow currency for isolated margin trading? After the user transfers the assets of a leveraged currency pair into an isolated position, it will be displayed in the form of a leveraged position and is still in a state of pending opening. When a user performs a borrowing operation, a real liability is generated, which forms a real position.
Jan 26, 2024 pm 02:33 PM
Bitcoin Spot ETF Listed in Less Than 1 Week! 50,000 BTC were suddenly awakened from their slumber
Less than a week after the Bitcoin Spot ETF was launched, nearly 50,000 Bitcoins were awakened from their slumber, which shows that the market demand for Bitcoin is growing and investors are reassessing the value of Bitcoin. This may be because Bitcoin has become more convenient to store and trade, attracting more people to participate. However, investors also need to fully consider the volatility and potential risks of Bitcoin to make prudent decisions. Less than a week after the Bitcoin spot ETF was listed in the United States, nearly 50,000 Bitcoins were suddenly awakened. According to on-chain data, these Bitcoins have only been transferred twice in the past 11 years. According to Arkham Intelligence, an on-chain data tracking platform, a huge transaction activity was initially discovered. Initially, this batch of Bitcoins was dispersed and stored
Jan 24, 2024 pm 07:21 PM
AVAX, POLS, and ICP rose against the trend, while the gains of BTC and ETH stalled
The Bitcoin (BTC) rally appears to be stalling. There was a maximum drop of 3% yesterday evening. Although it rose slightly to above US$42,000 later, it fell again to US$41,605 this morning. It was trading at US$42,136 at the time of writing, down 1.7% in the past 24 hours. Coindesk pointed out that if BTC closes below $43,800 this week, it will mean that the eight consecutive weeks of rising momentum will come to an end for the first time since 2017. The reason why Bitcoin prices are stagnant may be because a large number of investors are taking profits. According to analysis by IntoTheBlock, net Bitcoin inflows into exchanges reached $860 million this week, the highest level since March. Typically, assets flow into exchanges
Jan 19, 2024 pm 06:57 PM
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