For those asking “how will bitcoin in 2023 perform?” The world’s largest cryptocurrency by market capitalization really started off 2023 on the right foot. On Sunday, January 8, bitcoin surpassed the $17,000 mark for the first time since December 16, according to CoinMarketCap. As mentioned in the previous BTC analysis, the fact that the fan-favorite […]
On January 6, Bitcoin held out strong on the $16,700 margin throughout the day. The day started with BTC falling from $16,840 to $16,718 at its lowest point. However, the day finished strong with bitcoin bouncing back. The world’s largest crypto by market cap grew by 1.8% from its daily low, reaching $16,991 around 5:20 […]
As the Federal Reserve prepares to announce yet another interest raise in order to tame American inflation. With every interest rate raise announcement, bitcoin, alongside the entire cryptocurrency market, has already gotten used to bracing for impact. However, this time, the world’s largest cryptocurrency was barely affected by the raise. Bitcoin remained around the $16,800 […]
