Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
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Popular thoughts and analysis from traders watching this symbol at the moment.
BTCUSDThe price rally was caused in part by renewed concerns for the banking sector brought about by First Republic’s share price.
BTCUSDThe downward can be largely attributed to the meeting of the Fed and their hinting at further rate hikes.
BTCUSDConcerns surrounding the banking sector have been playing a role in the coin’s resurgence.
BTCUSDThe company has acquired around 6.5k BTC for a price of around $150m over the last month.
BTCUSDUncertainty in the banking sector is making BTC an increasingly attractive asset to investors.
BTCUSDA Bitcoin death cross has appeared which typically signifies a bearish short-term outlook.
BTCUSDThe creators of BAYC have released their own BTC NFT project powered by Bitcoin Ordinals.
BTCUSDAlthough Ordinals was in fact launched weeks ago, its popularity has been sweeping through the cryptoverse.
BTCUSDAs if it wasn’t already hard enough, Bitcoin is now harder to mine than it’s ever been.
BTCUSDTesla remains in its pro-Bitcoin stance, but it’s not doing its balance sheet any favors.
BTCUSDThe battle between Grayscale and the SEC rages on, with Grayscale making their position crystal clear.
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