Tag: 56K

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Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading

Bitcoin Plunges Below $56K as Stocks Sell Off in Weak U.S. Trading

It's been a trend for the last few weeks that cryptocurrencies selloff as the U.S. traditional markets open, underscoring a general risk-off sentiment [...]
Bitcoin (BTC) Price Slips Below $56K as Crypto Weakness Continues; Coinbase (COIN) Falls to 7-Month Lows

Bitcoin (BTC) Price Slips Below $56K as Crypto Weakness Continues; Coinbase (COIN) Falls to 7-Month Lows

Crypto-focused stocks also performed poorly. Crypto exchange giant Coinbase (COIN) declined 1%, briefly slipping below $160 for the first time since F [...]
Bitcoin (BTC) Jumps Above $56K, Solana (SOL) Leads Recovery From Monday’s Rout

Bitcoin (BTC) Jumps Above $56K, Solana (SOL) Leads Recovery From Monday’s Rout

“Overall, the recent drop in Bitcoin's price is not significantly worse than the decline in the Nikkei index, indicating that the current sentiment is [...]
‘Santa Rally’ Could Lift Bitcoin (BTC) Prices to $56K by Year-End, Matrixport Says

‘Santa Rally’ Could Lift Bitcoin (BTC) Prices to $56K by Year-End, Matrixport Says

“If bitcoin is up at least +100% by this time of the year, then there is a +71% chance or five in seven that bitcoin would finish the year higher with [...]
Bitcoin (BTC) Price Briefly Topped $56K on Bitfinex, Well Above Levels Elsewhere

Bitcoin (BTC) Price Briefly Topped $56K on Bitfinex, Well Above Levels Elsewhere

The move occurred at the same time as bitcoin surged 2.5% on spot markets elsewhere as investors reacted to the stock prices of two banks, Pacwest (PA [...]
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says

Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says

Bitcoin (BTC) has rallied nearly 50% in the first seven weeks of the year, reaching a six-month high of $24,900, with outside forces like the sentimen [...]
Bitcoin Drops Below $56K as Momentum Slows; Support Around $53K

Bitcoin Drops Below $56K as Momentum Slows; Support Around $53K

Bitcoin (BTC) sellers were active on Friday, pushing the cryptocurrency toward the bottom of its weeklong price range. Lower support near $53,000 c [...]
Bitcoin price metric demands ‘strong reaction’ as $56K BTC starts to look ‘seriously cheap’

Bitcoin price metric demands ‘strong reaction’ as $56K BTC starts to look ‘seriously cheap’

Bitcoin (BTC) is “seriously cheap” at $56,000 relative to network activity — and that means only one thing, one analyst says.In a tweet on Nov. 24, [...]
Bitcoin Holds Support at $56K; Resistance at $60K-$63K

Bitcoin Holds Support at $56K; Resistance at $60K-$63K

Further, bitcoin’s correction from an all-time high of nearly $69,000 appears to be exhausted, which could encourage buyers to return. Momentum is [...]
Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K

Analysts pinpoint bull and bear scenarios as Bitcoin price dips below $56K

Cooler heads are calling for a collective deep breath and a step back to see the long-term outlook for the future of Bitcoin (BTC) price and the wi [...]
Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels

Bitcoin clings to $56K as whales keep buying — Watch these BTC price levels

Bitcoin (BTC) is demanding a “slightly bearish” rethink on price action as old support levels give way overnight.BTC/USD 1-hour candle chart (Bitst [...]
Cipher Mining to Purchase 28K to 56K Mining Rigs From Bitfury

Cipher Mining to Purchase 28K to 56K Mining Rigs From Bitfury

Cipher Mining Technologies (NASDAQ: CIFR), a newly formed U.S.-based bitcoin mining operation, has signed an agreement with Bitfury to purchase 28, [...]
Bitcoin Peeps Above $56K, May Ignore US Jobs Report — CoinDesk

Bitcoin Peeps Above $56K, May Ignore US Jobs Report — CoinDesk

Since the onset of the coronavirus pandemic in early 2020, bitcoin has become sensitive to critical macro data releases, like the NFP, influencing [...]
BTC price hits $56K as bulls return and talk focuses on Bitcoin ETF approval

BTC price hits $56K as bulls return and talk focuses on Bitcoin ETF approval

Bitcoin (BTC) returned to beat the week's four-month highs on Oct. 8, climbing $2,000 in two hours.BTC/USD 1-hour candle chart (Bitstamp). Source: [...]
Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K

Bitcoin price pushes through $51K, extending bulls’ short-term target to $56K

The early morning momentum that pushed Bitcoin (BTC) above $50,000 on Oct. 5 continued throughout the day after bulls took control of the market an [...]
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