Bitcoin Price News

The price of Bitcoin (BTC) can refer to either the energy cost of maintaining and securing the Bitcoin network through mining or the market value of BTC at a particular moment or over the course of time. Most of the discourse tends to surround the latter. 

Bitcoin is a radically market-driven asset that is not backed by any commodity or central authority. As such, Bitcoin price movements tend to be volatile. Bitcoin’s price today will be different from Bitcoin’s price tomorrow. Ultimately, the price of Bitcoin is the result of the combined activities of a global community of stakeholders including miners, traders and consumers. 

There are various theories on how the market values (or ought to value) the price of BTC, from the supply-based pricing model, which necessitates increasing demand for value to increase, or the efficient-markets hypothesis (EMH), which asserts an ultraefficient, omnipotent marketplace that has already factored in the necessary information, to the stock-to-flow (STF) model, which measures an asset’s scarcity by tracking the ratio between current supply and annual production rate. This last model has attracted many in the BTC community for its thorough analysis and incredibly bullish sentiment.

The pending hard fork will take the first steps in addressing Ether’s high transaction fees.
Ether hits new all-time high above $2,200 hours ahead of Berlin hard fork
Greg Thomson
Market Update
The price of Bitcoin broke above $63,000 to hit a new all-time high, and traders are mixed in the short term.
Bitcoin breaks new all-time high above $63K: What are traders saying?
Joseph Young
A U.S. firm expects to double its Bitcoin hashing power after the purchase of 4,800 new S19J mining rigs from Bitmain.
US firm splashes out on 4,800 Bitcoin miners worth $34M
Greg Thomson
Market Analysis
Bitcoin’s long-to-short ratio has dropped to a five-month low, but bears are not taking the bait, suggesting bulls are still in control of BTC price.
Bitcoin bulls are confident even as a key BTC price metric hits a new low
Marcel Pechman
Price Analysis
Altcoins continue to press higher while Bitcoin bulls work on holding the $60,000 level as support.
Price analysis 4/12: BTC, ETH, BNB, XRP, ADA, DOT, UNI, LTC, LINK, XLM
Rakesh Upadhyay
"Mmmmmmm... Bitcoin..."
Bitcoin goes yellow as Simpsons episode features BTC price rising to infinity
Turner Wright
Markets News
Bitcoin is stuck in a “tame” post-halving scenario and has far to run before reaching its cycle peak, said the popular research outlet.
Bitcoin is ‘caged bull’ ready to escape at $60K — Bloomberg Intelligence
William Suberg
Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States.
Galaxy Digital submits Bitcoin ETF application with SEC
Osato Avan-Nomayo

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