by Koinat | Feb 14, 2024 | Market News
Bitcoin (BTC) experienced a significant uptick on Wednesday, breaching the $51,000 mark and reclaiming its $1 trillion market capitalization milestone for the first time since December 2021. This positive momentum reflects an enduring bullish sentiment surrounding the...
by Koinat | Feb 6, 2024 | Market News
Cryptocurrencies faced downward pressure on Monday as U.S. interest rates surged following robust economic data and Federal Reserve Chair Jerome Powell’s reaffirmation of his hawkish stance. Bitcoin (BTC), the dominant cryptocurrency, retreated to $42,200...
by Koinat | Jan 26, 2024 | Market News
Bitcoin’s price faces resistance at $40,000, having dropped 20% since the introduction of spot Bitcoin ETFs in the United States, with a recent dip to $38,000 on Jan. 23. Despite the setback, Bitcoin whales are seizing the opportunity to buy the dip,...
by Koinat | Jan 23, 2024 | Market News
Bitcoin (BTC) experienced a notable setback, dropping nearly 5% within the last 24 hours and reaching its lowest level in two months, slipping below $39,000. This reversal erases much of the gains made in the preceding two months, primarily driven by heightened...
by Koinat | Dec 12, 2023 | Market News
As 2023 comes to a close on a positive note for the crypto market, investors are turning their attention to key factors for 2024. Central bank interest rates and a potential decision by the U.S. Securities and Exchange Commission (SEC) on new bitcoin products are in...