Today
-0.03%
1 Week
+9.87%
1 Month
+7.82%
6 Months
-4.49%
Year to Date
+42.62%
1 Year
+131.66%
Opening Price
62937.99Previous Closing Price
62986.74Alternative scenario: the downside breakout of 62290 would call for 61040 and 60300.
below 62290, expect 61040 and 60300.
as long as 62290 is support look for 65790.
Bitcoin rallies to $63,500 for the first time in nearly a month, likely in response to the Federal Reserve’s 50 bps rate cut on Wednesday.
Bitcoin (BTC) extends recent gains and trades above $62,000 at the time of writing on Thursday, following a 2.4% increase the previous day after the Federal Reserve’s (Fed) dovish decision to cut interest rates by 50 basis points.
According to the Financial Times, the Swiss stock exchange SIX, the third largest in Europe, is exploring the possibility of launching a new Bitcoin and crypto exchange in the country, aiming to position itself to compete with exchanges like Binance, OKX and Coinbase.
As BlackRock expands its presence in the cryptocurrency space with the launch of Bitcoin and Ethereum exchange-traded funds (ETFs), the asset manager has released a comprehensive Bitcoin paper that outlines BTC’s importance and its broader impact on the financial landscape.
An analyst has explained how Bitcoin will likely continue the latest bullish swing, at least in the short-term.
Bitcoin price remained supported above the $58,500 level. BTC formed a base and started another increase above the $60,000 resistance zone after the Fed surprised with a 0.50% rate cut.