What Determines Bitcoin Price: 6 Main Factors You Should Know About

what-determines-bitcoin-price-six-factors-you-should-know-about

Unlocking the mystery behind Bitcoin‘s price fluctuations is no easy task. But fear not! In this blog post, we will delve into six main factors that determine Bitcoin price so you can gain a deeper understanding of what gives the first-ever cryptocurrency its value. From supply and demand dynamics to political events and public opinion, … Read more

Bitcoin Outflows From Exchanges Hits Record High of $4 Billion

Bitcoin Outflows From Exchanges Hits Record High of $4 Billion

The co-founder of the crypto analytics firm Glassnode says a spike in Bitcoin’s price is inevitable as BTC outflows from exchanges reach historic monthly highs of $4 billion.  “Short-term BTC is fragile. Long-term higher prices are inevitable.”, Tweeted Yann Allemann, the co-founder of Glassnode, last Thursday, 7th April.  Allemann analyzed the net unrealized profit/loss (NUPL) … Read more

Bitcoin Price Prediction: How High Can Bitcoin Price Go?

The Greatest Crypto FOMO: Bitcoin Price Prediction.

Bitcoin is known to be the first and most valuable cryptocurrency globally. It has matured greatly from being an experiment to becoming one of the hottest topics and tokens in worldwide finance. The cryptocurrency launched in 2009 and became the leader in the crypto space while having the biggest market capitalization of $874 billion. Bitcoin … Read more