Bitcoin regains strength, tops $70,000 to hit one-month high despite Middle East tensions

The price of the world’s largest cryptocurrency, Bitcoin, saw sharp moves in Wednesday’s session after remaining under pressure recently due to escalating tensions in the Middle East. Bitcoin opened the session higher at $68,336 compared to the previous close of $68,336 and maintained momentum to cross the $70,000 mark, reaching a one-month high of $73,546,…

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Bitcoin rebounds above $67,000 as investors dive back in despite Iran-US conflict — what’s driving the surge?

Bitcoin prices rebounded above the $69,000 level on Monday, paring sharp losses from a recent sell-off sparked by escalating tensions between the United States, Israel, and Iran. After plunging toward the low $60,000s on weekend conflict headlines, the world’s largest cryptocurrency regained ground as both retail and institutional investors stepped in amid volatile market conditions….

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Why this is the coldest crypto winter yet

Chill winds have been battering America’s eastern seaboard for weeks, driving temperatures in places to their lowest in decades. But that has nothing on the deep freeze into which investors have shoved crypto assets. The value of a bitcoin has dropped from $124,000 in early October to around $70,000 today, and the market value of…

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Crypto market loses $500 billion in a week amid falling Bitcoin prices. What’s the near-term outlook?

Nearly half a trillion dollars has been erased from the cryptocurrency market in under a week as a Bitcoin-led selloff gathered pace. The total market capitalization of cryptocurrencies has dropped by $467.6 billion since January 29, according to data from CoinGecko. Bitcoin rebounded 1.31% to $76,681.72 on Wednesday. The largest cryptocurrency plunged to a 15-month…

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Bitcoin slips to $78,566.83, down 6.55% in 24 hours amid market fears, risk aversion — Here’s what happened

Bitcoin price today: The world’s largest cryptocurrency has slipped below the $80,000 level on 1 February, trading at $78,566.83, down 6.55% over the past 24 hours, according to data on CoinMarketCap. At time of writing, Bitcoin’s market capitalization was down 6.6% to $1.56 trillion, with trading volumes over the past 24 hours up by 2.2%…

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