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GBTC Experiences Record Bitcoin Outflow; Blockguard CEO Advises Investor Calm Amidst Market Shift
23.1.2024
Grayscale’s spot bitcoin exchange-traded fund (ETF), known as GBTC, has experienced increased outflows since its recent update. Present data reveals that a substantial 14,292.18 bitcoin, valued slightly above $556 million, exited the fund after Monday’s trading activities. GBTC Sees...
Bitcoin Sinks Below $39,000 as Market Pressure Intensifies
23.1.2024
Over the past day, bitcoin’s value has experienced further decline, now plummeting below the $39K mark as ongoing bearish trends exert downward pressure. Following its dip under the $40K barrier on Monday, the leading crypto asset further depreciated by 5.3% relative to the U.S. dollar...
Bitcoin Price Drops Below $39k as Total Liquidation Reaches $320 Million in 24hrs
23.1.2024
Source: Pixabay Bitcoin (BTC) is facing another wave of volatility falling below the $39,000 mark on Tuesday, a 4.33% slump in the past 24 hours. The largest crypto by market cap is currently trading at $38,955 at press time. Bitcoin price has dropped slightly over 9% in the weekly charts and...
First Mover Americas: Bitcoin Slips Below $39K
23.1.2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Under $39K As ETF Debut Continues To Be a ‘Sell-the-News’ Event
23.1.2024
BTC was down nearly 5% in the past 24 hours, reaching its lowest level in two months. The CoinDesk 20, a liquid index of the highest tokens by market capitalization, fell 7%
Bitcoin Surpasses $39K, Achieving 19-Month Peak in Saturday’s Crypto Market Surge
2.12.2023
On Saturday, December 2, 2023, the cryptocurrency market exhibited a positive trajectory, advancing by 1.91% to reach a total value of $1.48 trillion. Notably, bitcoin achieved a peak of $39,705 within the day, marking its highest value since late April 2022. Crypto Economy Climbs Nearly 2%...
Bitcoin bull market FOMO absent as BTC price nears key $39K profit zone
17.11.2023
"We're still early," analyst says as Bitcoin profitability dynamics reveal a shift in BTC supply profitability on the horizon
Bitcoin wobbles around $39K as Fed confirms up to 1% key rate target next
4.5.2022
So far, so good for markets pricing in a 50-basis-point hike from the Fed, with chair Jerome Powell still to speak
Bitcoin Recovers to $39K as Stocks Rebound
27.4.2022
The correlation between bitcoin and tech stocks has strengthened
Here's why Bitcoin bears aim to pin BTC under $39K ahead of Friday's $1.9B options expiry
27.4.2022
Holding BTC price below $39,000 will give bears a $350 million profit in this week’s $1.9 billion options expiry
Bitcoin price drops to $39K, but data shows leverage traders dreaming of $50K
11.4.2022
Multiple factors are pushing BTC price below $40,000, but derivatives data shows pro traders are neutral, and holding out hope for a quick trend reversal
Bitcoin fails to crack $39K on Wall Street open as markets await Fed inflation decision
15.3.2022
Bitcoin price action begins to show signs of instability as $39,000 provides near-term resistance
BTC price struggles below $39K ahead of expected interest rate hike by the Fed
14.3.2022
Bitcoin consolidates below $39,000 as one trader warns about a possible squeeze on the daily chart, while a nine-year support level continues to hold strong
Bitcoin tracks $39K ahead of Europe vote on Proof-of-Work legality
14.3.2022
Bitcoin price action stabilizes on the first day of a week which should see multiple tests of traders' resolve
Bitcoin price rejection at $39K and mounting regulatory concerns tank the market again
7.3.2022
BTC price rejects near $40,000 as investors balk at an upcoming Biden administration executive order on crypto regulation
Bitcoin slides under $39K, leading some traders to forecast a weekend ‘oversold bounce’
5.3.2022
Traders look for a weekend oversold bounce after BTC price sold-off and hit an intraday low at $38,750
Bitcoin price spike to $39K leads traders to say ‘the panic is over for a few days’
24.2.2022
BTC and stock markets recovered some of their recent losses, leading traders to suggest that the panic selling could be “over for a few days.”
Bitcoin traders mark levels to watch as BTC price bounces to $39K
23.2.2022
A strong comeback for Bitcoin is due to meet "likely rejection" should $40,000 come back into play, one analyst warns
Bitcoin surges toward $39K as stocks volatility keeps Wall Street on edge
4.2.2022
Feb. 4 delivers more of the same for both tech stocks and crypto, with Bitcoin adding $1,000 on the Wall Street open
Derivatives data suggests that Bitcoin’s $39K bounce was a mere blip
27.1.2022
BTC price briefly flashed bullish, but derivatives data show bear are in control of January’s $2.3 billion monthly options expiry