BTC USD Overview

Bitcoin slipped 5.80% to $47,545 on Thursday, December 9. Buyers surrendered all gains seen in the rally from $47,100 to $51,936. The news flow exerted a negative impact on risk-sensitive assets. The DXY index advanced, while gold, oil, major currencies, US stock indices and cryptocurrencies trended...

The BTCUSD pair fell to $50,489 (+0.79%) on Tuesday, December 7. During the European session, price action rose to $51,931. Buyers retreated towards the close after failing to breach the 61.8% Fibonacci retracement level of the decline from $57,190 to $41,630. Bitcoin dropped to $48,862 on Wednesday...

The BTCUSD pair rose 2.12% to $50,441 on Monday, December 6. The gains were 20% of the recent low at $42k. Price action slid 27% on December 3 and 4, and a retracement to $57,600 is equal to 37% upside. Cryptocurrency market cap rebounded by $457 bln to $2.34 trln. On Monday, buying interest in cryp...

Bitcoin fell 13.76% to $49,396 over the week ended December 3. Price action tanked 26% to $42k. Buyers managed to pare some losses by the close of the weekly candle. The trigger for Saturday’s rout was a mixed NFP report and strong non-manufacturing PMI data stateside for November. Investors expect ...

Bitcoin slipped 1.23% to $56,480 on Thursday, December 2. The price spent the day in the range of $55,778-57,368. The leading cryptocurrency has been hovering around the $57,200 mark for the fifth consecutive day as market participants have taken a wait-and-see stance. While no new drivers have emer...

Bitcoin advanced 0.41% to $57,184 on Wednesday, December 1. Buyers once again failed to mount a successful offensive. The $59,000-59,300 resistance zone still remains in place. After reaching $59,053, the BTCUSD pair dropped to $55,777. Buyers started to cover shorts amid risk aversion following rep...

Bitcoin fell 1.43% to $ 56,950 on Tuesday, November 30. The BTCUSDT pair rose to an intraday high of $59,176. Buyers hit the brakes after Fed Chair Powell’s testimony before the Senate Banking Committee. Risk assets took a hit from his comments as the regulator is considering winding down its monthl...

Bitcoin logged mild gains on Monday, November 30. Price action rose 0.88% to $57,776. The price peaked at $58,865 during the North American session. Calm returned to global markets, with optimism prevailing as investors reconsidered their worst-case scenarios for the new coronavirus strain. Equity b...

Over the past week, Bitcoin fell 2.30% to $57,274. The weekly candle range was 10.4%, with a weekly low of $53,256. Friday's collapse was triggered by a flight to defensive assets following the discovery of a new COVID-19 strain. It dubbed Omicron after the WHO convened an emergency meeting. Omicron...

Bitcoin advanced 3.19% to $58,960 on Thursday, November 25. Yesterday was a holiday in the US (Thanksgiving Day). Major currencies, alongside cryptocurrencies, corrected upward against the dollar. By the close, the BTCUSDT pair rose to $59,390. Asian trading today kicked off with a decline in the BT...

Bitcoin fell 0.7% to $57,138 on Wednesday, November 24. The seventh day has passed since BTCUSDT got stuck in a sideways trend. A flat trend is nerve-wracking both for sellers and buyers. The Bitcoin price bounced off the $55,600 horizontal support following a lengthy decline from the all-time high ...

The BTCUSDT pair closed higher on Tuesday, November 23, up 2.3% at $57,541. During the European session, the bears drove the price back down to $55,317. The bulls tapped into this move and snapped up the asset above $58k. However, the rebound was short-lived. After pulling back to $55,944, Bitcoin c...

Bitcoin declined 4.05% on Monday, November 22. During the North American session, price action rose to $59,444, from which it slipped to $55,610 (-$3,834). Prices initially gained on news that US President Joe Biden nominated the current Fed chair Jerome Powell for a second term. The second candidat...

Bitcoin ended the past week in the red. The price dropped 10.53% to $58,622. The decline started from $66,400. Buyers sustained the heaviest losses at the beginning of the week. The trigger for selling cryptocurrencies was the strengthening of the dollar amid risk aversion due to the tightening of a...

Bitcoin sank 5.72% to $56,891 on Thursday, November 18. In Asian trading on Friday, price action dropped to $55,600 as the correction continued to deepen. Sellers rolled the price back to October lows. The BTCUSD pair is 19.4% off its all-time high. It has been dropping at a rate of about 2% per day...

Bitcoin rose 0.48% to $60,344 against the US dollar on Wednesday, November 17. Price action moved within a range of $58,350-$60,850 over the past 48 hours. Buyers are struggling to hold the psychologically important $60k level amid broad-based weakening of the dollar. There is no other news, so mark...

Bitcoin tumbled 5.58% to $60,058 on Tuesday, November 16. This was 12.96% of the decline from the high of $69k. Despite a dip to $58,500, buyers had the stamina to hold the psychologically important $60k level. The DXY index climbed to a high of 96.27 in Asian trading on Wednesday. Today in the FX m...

The Bitcoin price closed lower on November 15, followed by another sharp drop on November 16. The BTCUSDT and ETHUSDT pairs plunged 11.8% and 14%, respectively. Cryptocurrency market capitalization dropped to $2.66 trln. There are four factors that may have prompted buyers to take profit. 1. Continu...

Over the past week, Bitcoin rose 3.55% to $65,519 against the dollar. On Sunday, price action jumped 1.77% to $65,519. The weekly low stood at $62,278. Over the past four days, the BTCUSD pair has been trading within a range of $3,600. The new week started out with gains amid heightened risk appetit...

Bitcoin edged down 0.17% to $64,774 on Thursday, November 11. The leading cryptocurrency has been in decline since November 10, when it hit a new all-time high of $69k. Price action has been holding above the $63,200 support level (trendline from $40,753). Buying activity has decreased markedly due ...

Bitcoin fell 3.08% to $64,882 on Wednesday, November 10. The daily price oscillation reached $6,177, or 8.95% of the top. This is how much the price dropped after reaching the new high of $69,000. Now everything is in order after the recent events that unfolded on the cryptocurrency market. Market v...

The BTCUSD pair dipped 0.86% to $66,947 on Tuesday, November 9. After advancing 14%, buyers took a break. Risk aversion caused the dollar to strengthen in the global FX market, which also negatively affected cryptocurrencies. The Bitcoin price fell to $66,222. Buyers have been defending this level f...

Bitcoin traded higher on Monday, November 8, up 6.71% to $67,789. In Tuesday Asian trading, buyers rose to a new high of $68,524. Cryptocurrency market cap exceeded $3 trln. Ether also set another all-time high at $4,838. The market continues to see strong demand for cryptocurrency. Buyers played in...

Over the past week, Bitcoin advanced 3.22% to $63,273, while ether surged 7.59% to $4,612. Over the weekend, cryptocurrencies pared most of their losses. Since the new week began, the key pairs have exited the ranges after several days of consolidation. Bitcoin soared $6,342, and ether shot up $438....

Bitcoin rose 3.79% to $63,219 on Tuesday, November 2. Buyers attempted to breach the $63,800 resistance but slid from $64,270 to $62,584 due to strong pushback from the altcoin rally. Ethereum, Solana and Polkadot all climbed to new all-time highs. The ETHUSD pair surged 6.24% to $4,594, while ETHBT...

Bitcoin closed slightly lower on Monday, November 1. After bouncing from $59,405, the price rose to $62,437. Buyers were unable to pump up the price for long and retreated to $60,911. They made another attempt on Tuesday. Price action climbed 4.9% to $63,597 in a couple of hours. By the time of writ...

Bitcoin closed the week slightly higher, with the BTCUSD pair rising 0.74% to $61,299, up 39.88% in October. Over the past week, the price dropped to $57,820, while the monthly low was recorded at $43,283. Trading saw heightened volatility at the beginning of the week and after Thursday the price ra...

Bitcoin rose 3.70% to $60,575 on Thursday, October 28 amid heightened volatility, especially during the North American session. Active buying got under way during the European trading session, with the BTCUSD pair rebounding to $61,257. Traders ditched the dollar after US macro data came out. In the...

Bitcoin traded lower on Tuesday, October 26. The BTCUSD pair fell 4.36% to $59,817. During the North American session, buyers tried to bounce off the $61,700 support level, but failed. Near the close, sellers broke through $61,700, triggering a cascade of stops on long positions below that level. By...

Bitcoin rose 3.66% to $63,078 on Monday, October 25. The $59,510 level acted as a support level for the first correction after a new all-time high was reached. Price action recovered 50% of the drop from $67,000 to $59,510. On Tuesday, the BTCUSD pair has been trading slightly in the red. On the Bin...