Altcoin News Official Today TheBitTimes.com

Bitcoin dropped below $100K after briefly touching $103K after its apocalyptic fall to $93K. This development was sparked by Donald Trump’s vigorous tariff deployment on Mexico and Canada, which briefly sparked a rising trade war. However, the heated political matters soon conclude, helping Bitcoin stabilize and gain momentum again. In the middle of this, will BTC continue to surge higher than ever? Let’s find out. Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? Trump’s Aggressive Tariff Policy Commences Source: LA Times Donald Trump recently announced his plans to implement 25% tariffs on Canada and Mexico. This development has sparked a rising trade war between the nations, which, in the end, hit Bitcoin hard in the process. Soon after the announcement, Bitcoin plunged to $94K, as the rising trade war narrative started to gain steam. However, the development took a positive turn soon after when Canadian PM Justin Trudeau announced a new elemental change...

The Bitcoin price surged 2% in the last 24 hours to trade at $106,162 as of 11:18 p.m. EST on trading volume that soared 14% to $97.9 billion. The BTC price pump took the leading crypto by market capitalization to a new all-time high (ATH) of $107,822 before taking in a slight correction. As BTC hit its ATH, its Energy Value, a key metric of the BTC Proof-of-Work mining ecosystem, also hit $100,000 for the first time ever. Bitcoin Energy Value just cleared $100K for the first time ever pic.twitter.com/NRMf8bMSbu — Charles Edwards (@caprioleio) December 16, 2024 Bitcoin Price Still On A Sustained Bullish Rally The Bitcoin price has been in a strong uptrend since late October. A clear ascending channel pattern can be seen, with the BTC price moving consistently between two upward-sloping parallel trendlines. This pattern signifies a bullish structure, where the asset is making higher highs and higher lows. The price recently tested the upper boundary of the channel, at $106...

The Bitcoin price slipped over 3% in the last 24 hours to trade at $98,661.54 as of 3:44 a.m. EST. The correction in the BTC price comes as former US Treasury Secretary Lawrence Summers dismissed incoming President Donald Trump’s plans for a strategic Bitcoin reserve as “crazy.”  “Some of what is being said, this idea that we should have some kind of national Bitcoin reserve, is crazy,” Summers said during a Dec. 6 interview with Bloomberg TV. BTC also experienced a turbulent trading day yesterday as investors celebrated a new all-time high of $103,583.91 for the crypto leader. But the euphoria didn’t last long as BTC suffered a quick and sharp correction to below $93K, wiping out $200 billion from its market cap in the process. It has since bounced back to trade at its current price. Bitcoin Price Could Break Out Above A Consolidation Channel Soon 4-hour chart for BTC/USDT (Source: TradingView ) The Bitcoin price has been in a consolid...

The Bitcoin price prediction shows that BTC is rising for the fourth straight bullish day as the technical indicator faces the north. Bitcoin Prediction Statistics Data: Bitcoin price now – $72,532.71 Bitcoin market cap – $1.44 trillion Bitcoin circulating supply – 19.77 million Bitcoin total supply – 19.77 million Bitcoin Coinmarketcap ranking – #1 Bitcoin (BTC) exemplifies the potential rewards of early investment in crypto. Starting at just $0.04865 in July 2010, Bitcoin has skyrocketed by over +149 million percent over 14 years, marking one of the most significant financial gains ever. Today, BTC trades between $68,473.60 and $72,685.30, reflecting its impressive long-term growth. Even after reaching an all-time high of $73,750.07 in March 2024, Bitcoin remains a top choice for investors, demonstrating the value of early involvement in promising crypto projects. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $7...

The Bitcoin price edged up 0.7% in the last 24 hours to trade at $61,424 as of 3:20 a.m. EST on a 5.3%  drop in trading volume to $35 billion This slight price increase comes as documentary maker Cullen Hoback and HBO recently hinted that their upcoming ”Money Electric: The Bitcoin Mystery” documentary may reveal the true identity of Bitcoin creator Satoshi Nakamoto. A few of you might have wondered why I disappeared. Well, I was tracking down someone else who disappeared. Curious who's behind Bitcoin?#MoneyElectric: The Bitcoin Mystery drops next Tuesday. It's going to be a rollercoaster. #Satoshi https://t.co/2B17FZxkqZ — Cullen (@CullenHoback) October 3, 2024 Cullen Hoback is best known for his HBO miniseries “Q: Into the Storm,” in which he claims that he knows several authors behind the QAnon conspiracy theory. Bitcoin Price Could Rebound On The Previous Support Zone The BTCUSDT price has been on a downtrend between July and August, with...

The Bitcoin price rose 3% in the last 24 hours to trade at $56,679 as of 00:27 a.m. EST on trading volume that soared 56% to $33 billion. This comes after MicroStrategy’s co-founder and chairman Michael Saylor said on Sept. 9 that the Bitcoin price will soar to $13 million within 21 years.  MicroStrategy holds 1% of the total supply of BTC now, making it the biggest public holder of the asset. Saylor said Bitcoin currently accounts for 0.1% of the capital in the world, and he sees that surging to 7%. I enjoyed the opportunity to discuss #Bitcoin and strong, fast, smart money with @JoeSquawk, @BeckyQuick, and @AndrewRSorkin this morning,pic.twitter.com/BUXa2IZ8II — Michael Saylor⚡️ (@saylor) September 9, 2024 Bitcoin Price Prediction: BTC To Continue Soaring The Bitcoin price has been on a continued downtrend in September, dropping within a falling channel pattern. Despite dropping below the channel’s lower boundary, BTC has recently picked u...