Bitcoin Price Today: Bitcoin’s price has crossed the $71,000 mark for the first time. This year, its price has surged by over 70%. Recent boosts in Bitcoin’s price were fueled by the opening of Bitcoin ETFs and expectations of interest rate cuts by the Federal Reserve.

Highlights:

Bitcoin surpasses $71,000 for the first time.
Its price has surged by approximately 70% this year.
In 2010, its price was around 66 cents.

Bitcoin, the country’s oldest, most popular, and largest cryptocurrency, has set a new record today. On Monday, its price crossed the $71,000 mark for the first time. In the past 24 hours, its price has seen significant growth, reaching $71,030 during trading. Bitcoin’s price has surged by around 70% this year. Recent cuts in the Federal Reserve’s interest rates and the opening of Bitcoin ETFs have contributed to the rapid increase in Bitcoin’s price. The U.S. Securities and Exchange Commission approved 11 spot Bitcoin ETFs in January.

By the end of the week on March 1st, inflows into the top ten largest Bitcoin spot funds in the United States reached $2.2 billion. More than $2 billion flowed into the accounts of BlackRock’s Bitcoin Trust. Analysts suggest that Bitcoin’s price could reach up to $76,000. Amidst this, the global cryptocurrency market cap has reached $2.68 trillion, with Bitcoin’s market cap alone hitting $1.399 trillion. According to CoinMarketCap, Bitcoin holds a 52.17% share of the global cryptocurrency market.

According to CoinMarketCap, Bitcoin’s price has surged by over 200% in the past year. Bitcoin, the world’s oldest cryptocurrency, was launched in 2009. In 2010, its price was $0.008, approximately 66 cents. At that time, you could buy 125 bitcoins for $1. If you had purchased two bitcoins for ₹1.30, your investment would be worth ₹11,750,720 today. Bitcoin’s virtual creator, Satoshi Nakamoto, released its whitepaper on October 28, 2008, with the mint date being January 3, 2009

Quick take on the cryptocurrency price on January 4: The worldwide market capitalization fell to $1.65 trillion.

Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, fell below the $43,000 range early Thursday as crypto prices face significant headwinds. Popular altcoins like as Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Solana (SOL), and Dogecoin (DOGE) all finished in the reds. The SEI token went on to become the greatest gainer of the bunch, with a 24-hour gain of more over 12%. Terra Classic (LUNC), on the other hand, became the greatest loser, with a more than 15% drop in a 24-hour period.

At the time of writing, the worldwide crypto market valuation was $1.65 trillion, a 5.01 percent drop in a 24-hour period.

Bitcoin Price Today
According to CoinMarketCap, the price of bitcoin was $43,156.95 after a 4.64 percent drop in the previous 24 hours.

Ethereum Price Today
At the time of writing, the price of ETH was $2,236.07, representing a 5.71 percent 24-hour loss.

Dogecoin Price Today
DOGE fell 10.08 percent in a 24-hour period, according to CoinMarketCap data, and is now trading at $0.08239.

Litecoin Price Today
Litecoin lost 10.82 percent in a 24-hour period. It was trading at $65.45 at the time of publication.

Ripple Price Today
The price of XRP was $0.5833 after a 7.35 percent drop in the previous 24 hours.

Solana Price Today
Solana’s price was $100.690, representing a 6.66 percent drop in a 24-hour period.

Quick take on the cryptocurrency pricing on December 11: The worldwide market cap increased to $1.60 trillion, a rare achievement.

Bitcoin, the world’s oldest and most valuable cryptocurrency, surpassed the $42,000 mark for the second time this week, riding high on the US Federal Reserve’s decision to hold interest rates constant while projecting probable cuts in 2024. Popular altcoins, like as Ethereum, Solana, Ripple, Litecoin, and Dogecoin, witnessed healthy gains across the board. With a 24-hour increase of more than 26 percent, the BONK token went on to become the largest gainer. Aptos (APT) emerged as the greatest loser, with a more than 3% drop in a 24-hour period.

At the time of writing, the worldwide crypto market cap was $1.60 trillion, up 4.45 percent in 24 hours.

Bitcoin (BTC) Price Today
At the time of writing, the price of ETH was $2,254.50, representing a 4.68 percent 24-hour gain.

Dogecoin (DOGE) Price Today
DOGE gained 5.10 percent in a 24-hour period, according to CoinMarketCap data, and is now worth $0.09578.

Litecoin (LTC) Price Today
Litecoin gained 2.72 percent in a 24-hour period. It was trading at $72.95 at the time of writing.

Ripple (XRP) Price Today
The price of XRP was $0.6244, up 3.04 percent in 24 hours.

Solana (SOL) Price Today
Solana was trading at $70.24, up 7.34 percent in 24 hours.

The price of Bitcoin (BTC) exhibits many sell indications on a daily basis. On-chain measurements are also displaying widespread profit-taking, which exacerbates its problems. Although the surge in value of Bitcoin caused by the possible approval of an ETF has helped the cryptocurrency so far, its rejection might potentially cause it to decline.

News on Bitcoin ETFs is critical to the current upswing.

For the past few years, the approval of a Bitcoin spot Exchange-Traded Fund (ETF) has been viewed as speculative. However, the advancements around ETFs have accelerated recently. Following the loss of several cryptocurrency lawsuits, the US Securities and Exchange Commission (SEC), which licences or disapproves the ETF products, has found itself in a precarious position.

The SEC’s loss in Grayscale’s lawsuit about the conversion of the GBTC product into a spot ETF offering and other developments pertaining to ETFs were the primary causes of the initial spike in the price of Bitcoin, which began in mid-October. However, Bitcoin has been trending sideways as there have been no updates.

Notwithstanding, the next significant deadline for the ETF decision is January 2024, which will see a fresh peak in the speculative Bitcoin trading frenzy. The crypto industry will be made or broken by this event. Investors should be ready for a regression up until that point, though, given that the price of Bitcoin has been emitting several sell signals.

The price of bitcoin might drop soon

Between October 16 and 24, the price of bitcoin (BTC) increased by 30%, setting a new local high at $35,280. This move had tremendous bullish momentum, which made it spectacular. However, BTC has been trending sideways since the formation of its swing high. The daily candlestick closures have generated an upward slope since October 25, which to the untrained eye would appear bullish. Upon closer inspection, the Relative Strength Index (RSI) exhibits a declining slope. Bearish divergence is the term for this non-conformity, which frequently signals a retreat or correction.

The first significant sell signal that investors should be aware of is this one.

The Momentum Reversal Indicator (MRI) has flashed two sell signals in addition to the bearish divergence. On October 23, following the daily candlestick closure, the first sell signal was presented as a red downward arrow. The MRI has displayed another red down arrow nine days later. This indicator suggests a falling one to four candlestick pattern.

Investors may therefore witness a decline in the price of Bitcoin. Important support levels to keep an eye on are the Fair Value Gap (FVG) region, which spans from $30,248 to $32,832 and has a midpoint at $31,540.

Bitcoin was battling to hold gains and remained around $26,000, while Ethereum fell about 2% to dip below $1,600.

On Wednesday morning, Bitcoin and other crypto currencies were struggling as traders were alarmed by the possibility of selling pressure from bankrupt exchange FTX. The drop occurred as market players digested the potential of FTX obtaining bankruptcy court authority to sell assets from its $3.4 billion in bitcoin holdings.

The IMF and FSB issued a joint policy paper on cryptocurrency that cautioned countries against enacting blanket bans to prevent risks connected with the industry, instead recommending targeted limitations and prudent monetary policy. Targeted limits could be beneficial to emerging economies in particular.

Bitcoin was fighting to hold gains as the largest crypto asset rose modestly but stayed below $26,000 levels. Ethereum, its largest peer, fell roughly 2% to below $1,600. In the morning, the price of altcoins remained negative.

For the first time in nearly three months, Bitcoin briefly lost critical support at $25,000 in the last 24 hours. Ethereum has also slipped past its support level of $1,600 and is currently trading around $1,550. remarked Shubham Hudda, Senior Manager at CoinSwitch Markets Desk

While the Wednesday expectation of FTX unlocking remains a big impetus for Soalana’s sell-off, it is already down approximately 50% from its recent peak in July. Investors are likely to closely examine the US CPI data tomorrow, as well as the US Producer Price Index (PPI) data and US retail sales data the following day.

With a few exceptions, all of the biggest cryptocurrency tokens were trading down on Tuesday. XRP fell by more than 3%, while Polkadot fell by more than 2%. Other notable laggards included Polygon, Litecoin, Shiba Inu, and BNB. Among the gainers, Dogecoin gained roughly 1%.

The worldwide cryptocurrency market cap was trading much lower, falling to $1.03 trillion after decreasing about 1% in the previous 24 hours. However, total trade volumes increased by up to 65% to $35.17 billion.

On Saturday, crypto tokens were trading lower for the second day in a row. Bitcoin (BTC) plummeted 5% to $25,998, while Ethereum (ETH) fell below $1,650.

The worldwide cryptocurrency market cap was trading lower, around $1.05 trillion, having dropped 4% in the previous 24 hours.

The release of the monthly jobs data in the United States later today may also have a negative impact on Bitcoin’s value.

Other popular crypto coins were also trading lower on Saturday. Dogecoin, Solana, BNB, and Cardano all plummeted more than 3%, while Tron, Polkadot, and Polugon all plunged more than 4%.

The overall volume in DeFi is currently $2.52 billion, accounting for 6.64% of the entire 24-hour activity in the crypto market. The total volume of all stablecoins is now $35.98 billion, accounting for 94.89% of the total 24-hour volume of the crypto market.

According to CoinMarketCap, Bitcoin presently has a 48.35% market share. Meanwhile, BTC volume was over $20.34 billion, up 40.38% in the last 24 hours.

Bitcoin has witnessed a bearish trend, going from 27,300 to 25,900. The downward momentum is continuing and appears to be headed towards another significant support level at 25,900, which corresponds to the 78.6% Fibonacci retracement.

It is critical to keep a close eye on the 25,900 level. Failure to break below this level might spark a positive turnaround, pushing the price of Bitcoin towards the 26,700 and 27,400 resistance levels.

Cryptocurrency Price Today

Bitcoin Price Today $25,998

Ethereum Price Today $1,644

Tether Price Today $0.9996

BNB Price Today $214

XRP Price Today $0.505

Cardano Price Today $0.2566

Dogecoin Price Today $0.06364

Solana Price Today $19.86

Polygon Price Today $0.551

Litecoin Price Today $63.85

Polkadot Price Today $4.27

Tron Price Today $0.07724

Shiba Inu Price Today $0.000007986

(Note: Price change in last 24 hours)

Bitcoin increased by up to 2% to around $26,500, while Ethereum increased by more than 2% to reclaim the $1,650 mark.

Bitcoin and other crypto tokens were trading higher on Thursday, owing to renewed optimism in global markets. The rise in crypto mirrored a significant rise in regular markets. Nvidia handily above second-quarter earnings expectations, demonstrating that the bullish AI trend is here to stay and propelling the digital asset market higher.

Bitcoin was back in the purchasing zone, with the largest crypto coins gaining up to 2% to near $26,500 levels. However, its main rival, Ethereum, climbed more than 2% and reclaimed the $1,650 milestone. The price action in altcoins was positive.

The cryptocurrency market has risen in the last 24 hours. Despite being in the fear zone, the crypto fear and greed index has risen 4 points from yesterday to now stand at 41/100. Bitcoin has gained ground in the previous 24 hours after a prolonged downward trend in recent days.

The dYdX token has also seen significant volatility since yesterday. The world’s biggest decentralised derivatives exchange has increased by 10%, indicating that individuals are becoming interested in self-custodian exchanges.

On Thursday, all of the main crypto tokens were trading slightly higher. Solana gained approximately 6%, while Cardano gained more over 4%. Toncoin gained more than 3% on the day, while Tron, Polkadot, BNB, Dogecoin, and Shiba Inu gained 2% each.

The worldwide cryptocurrency market cap was trading much higher, reaching $1.06 trillion after gaining more than 2% in the last 24 hours. However, total trade volumes fell by nearly 1% to $33.73 billion.

Today, Bitcoin consolidated around the $26,000 mark. This could be due to the market’s expectation of a decision on the US Bitcoin Spot ETF.

Belpay Exchange is excited to announce the introduction of new updates, expanding the trading options for users to engage in a broader range of cryptocurrencies. Our integration now includes five networks: Blockchain Network, ERC-20 Network, TRC-20 Network, BEP-20 Network, and Advance Blockchain Network (White Bitcoin), allowing seamless transactions across these networks. Additionally, we are currently in the process of integrating the Advance blockchain and Integrate P2P Network For Worldwide Fiat Deposit and Withdrawal, which requires additional time and effort for a smooth integration. Consequently, there may be slight delays in deposit and withdrawal processes for a couple of months. Nevertheless, these updates are significant and will greatly enhance the overall user experience, particularly in buying and selling various currencies.

We are also pleased to inform you that WBTC is already listed on Belpay Exchange. However, in the near future, WBTC will collaborate with another exchange and be listed on the new platform, Bitcredex. This collaboration will offer users an additional avenue to buy and sell WBTC and other cryptocurrencies.

We acknowledge that the delays and challenges caused by the Securities and Exchange Commission (SEC) issue have impacted the timeline of our updates, along with many other exchanges. We want to emphasize that the safety of our users’ funds is our utmost priority, and we are actively addressing any potential concerns arising from the regulatory environment.

Lastly, we extend our sincere gratitude to all investors and holders of WBTC for their trust and support in White Bitcoin (WBTC), Belpay Exchange, VIP Affiliate Wallet, and contributing to our remarkable growth.

On Thursday, cryptocurrency prices soared. The global crypto market cap was $1.1 trillion, with $71.2 billion in volume in the previous 24 hours.

Bitcoin
Bitcoin, the world’s largest and most popular virtual currency, increased nearly 12% to $24,698. Its market capitalization was $476.5 billion. The total value of trade was $35.4 billion.
“The rise (in bitcoin) is due to investors liquidating their positions and driving up prices. BTC has risen 61% from its low point one month ago, reaching a two-week high and increasing by more than 11% in the last 24 hours.

Ethereum
The second largest virtual currency, rose 9.7 percent to $1,694.9, with a market capitalisation of $207.6 billion. In the last 24 hours, Ethereum’s trade volume was $11.4 billion.

Dogecoin
The meme-based virtual currency, increased 8.8 percent to $0.1. Its market capitalization was $12 billion. The total value of trade was $924 billion.

Solana
Solana rose 11.1 percent to $23.9, with a $9 billion market capitalisation. Solana’s trading volume in the last 24 hours was $833.1 million.

Shiba Inu
Shiba Inu market capitalisation increased by 9% to $7.5 billion. In the last 24 hours, the trade volume was $493.9 million.

Polygon
Polygon rose 11.1 percent to $1.4, valuing the company at $11.8 billion. In the last 24 hours, the trade volume was $693.4 million.