Bitcoin (BTC) Bounces Above $44,000 amid Inflation Data, But Is It Sustainable?
Despite the inflation coming at a four-decade high, Bitcoin shows strength above $44,000. Read more to know how the bulls and the bears are taking up the fight.
Everything you need for the flagship crypto: from price movements and halving cycles to institutional adoption, on‑chain metrics and market strategy around Bitcoin. Follow how Bitcoin’s narrative evolves, why it matters to global finance, and what shifts could impact its future role as digital gold.
Despite the inflation coming at a four-decade high, Bitcoin shows strength above $44,000. Read more to know how the bulls and the bears are taking up the fight.
For Bitcoin to attain the ATH as predicted by the Seba Bank CEO, both retail and institutional investors have a prominent role to play.
The board has stressed that the Bitcoin legal defense fund is not looking to raise funds from outside but may introduce funding rounds in the near future.
According to Strike, Argentina is the first among other Latin American countries in the payment platform’s expansion.
IZEA at present owns Bitcoin and Ethereum and has been on a gaining streak with the value of assets skyrocketing over the years.
Many Bitcoin enthusiasts, like the President of El Salvador Nayib Bukele, are very positive about BTC price this year.
The new job postings mean that the company’s plans to create a BTC hardware wallet are finally becoming a reality.
The Bitcoin hashrate for some mining pools recovered strongly on Monday in the wake of Kazakhstan restoring the internet in most parts of the country.
Muñoz proposed making Spain a destination for Bitcoin miners.
Tesla Model 3 owner Siraj Raval shares how he uses his car to mine cryptocurrencies and how he manages to stay profitable after all expenses.
Although Bitcoin has bounced back on Sunday, everything is not very bullish yet. The CPI data coming ahead on Wednesday will ve a key factor in determining the next Bitcoin move.
As Bitcoin continues with its dovish performance, it could be bottoming out around $40K levels. Despite this laggard performance, some market analysts remain hopeful that Bitcoin could reach $100K levels soon.
The total number of cryptocurrency users is currently running into millions, however, the adoption level is not close to the number projected by Raoul Pal.
The analysts highlighted that $45K is a critical support level that needs to be obeyed for the upside target to fruition.
Ray Dalio’s comments for Bitcoin came citing the recent inflationary environment wherein the billionaire believes that holding onto cash won’t be the right thing to do.