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.

Market Analysis
Bulls will eliminate 99% of the bear’s protective puts if BTC trades above $40,000 on June 19.
Bulls aim to reclaim $40K ahead of Friday’s $520M BTC options expiry
Marcel Pechman
Mati Greenspan shared some strong opinions about Bitcoin maximalists in this interview from Bitcoin 2021.
“Bitcoin maximalists? They can't stop innovation,” says Mati Greenspan
Marco Castrovilli
Altcoin Watch
The decentralized finance protocol's native token MIR jumps over 30% overnight as traders' attention shifts to its protocol upgrade and Gemini listing.
Mirror Protocol silently rallies 30% overnight despite crypto market slump
Yashu Gola
Market Update
It's been a bad 24 hours for the precious metal, which shed $100 per ounce thanks to the Fed's outlook.
Bitcoin slips below $39K as Fed sends gold to 6-week lows
William Suberg
Market Update
The U.S. dollar appeared to benefit from fresh comments by Jerome Powell, while Bitcoin remains frustrated.
Bitcoin price edges higher as Fed inflation meeting sends DXY to 2-month high
William Suberg
Market Update
Stock markets and Bitcoin price took a slight hit after the Federal Reserve announced plans to increase interest rates twice in 2023, a tad bit earlier than mar...
Bitcoin price falls after Fed shifts interest rate hikes forward amid inflation fears
Ray Salmond
Price Analysis
Bitcoin’s recent rejection at $41,000 could extend the current range-bound action for a few more days and altcoins are expected to follow suit.
Price analysis 6/16: BTC, ETH, BNB, ADA, DOGE, XRP, DOT, UNI, LTC, BCH
Rakesh Upadhyay
Market Update
Sellers pressed Bitcoin's price back below $40,000, while analysts believe BTC will remain rangebound until the $42,000 level is breached.
Dip-buyers anticipate further downside after Bitcoin price falls to $38K
Jordan Finneseth

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