Bitcoin on Monday suffered its biggest single-day price decline in more than two weeks, after the fizzing of a retail trader-driven rally over the weekend.
Bitcoin is struggling to break above its current all-time high set in mid February.
The relative sizes of the markets means it's effectively impossible for NFTs to have a price impact on bitcoin. That may change in future.
And yet, bitcoin’s trading volume shows no signs of returning to previous high levels.
The share price implies a market value for the cryptocurrency-focused investment firm of $860 million.
Bitcoin is within range of a quick run to the all-time high of $58,332.
Blockchain data might give traders comfort that prices aren't likely to revisit the end-of-2020 level anytime soon.
Analysts who track price-chart patterns said bitcoin’s climb to about $54,000 could position the largest cryptocurrency for a fresh ascent toward last month’s record price above $58,000.
Investors are speculating how a faster-than-expected economic rebound might benefit bitcoin.
Bitcoin’s increasing reliance on purchase announcements for short rallies may not be an entirely healthy trend.
Bitcoin bulls struggle to pare the weekend's losses despite a strong start on Monday.
Institutions are buying more bitcoin per month than what's being mined, and there just isn't enough for everyone.
Bitcoin started March nicely but whether it can match its previous winning streak is yet to be seen.
“Cash is king in times of distress, not bitcoin,” said one market watcher.
The largest cryptocurrency has failed to hold above $50,000 amid a downdraft in traditional markets.