Bitcoin Moves Toward $28,000 As World’s Largest Crypto Extends Losses

United States News News

Bitcoin Moves Toward $28,000 As World’s Largest Crypto Extends Losses
United States Latest News,United States Headlines
  • 📰 Forbes
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 53%

Bitcoin Moves Toward $28,000 As World’s Largest Crypto Extends Losses via ForbesCrypto

Bitcoin prices dropped today, flirting with the $28,000 price level after building upon their recent losses.

When explaining this latest activity, analyst Tim Enneking emphasized the key role played by the Federal Open Market Committee , which has increased its benchmark federal funds rate by 475 points since March 2022.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Forbes /  🏆 394. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Satoshi Era Bitcoin (BTC) Whale Wakes up and Moves $60 MillionSatoshi Era Bitcoin (BTC) Whale Wakes up and Moves $60 Million$BTC whale who was active back in 'Satoshi era' moves part of his massive portfolio to a new address
Read more »

Satoshi Era Bitcoin Wallet Reawakens, Moves 279 BTC out of Stash: DetailsSatoshi Era Bitcoin Wallet Reawakens, Moves 279 BTC out of Stash: DetailsHistoric Bitcoin wallet with 1,128 BTC from Satoshi era reawakens after dormancy
Read more »

Bitcoin Miners Contend With Fifth Network Difficulty Increase of 2023 – Mining Bitcoin NewsBitcoin Miners Contend With Fifth Network Difficulty Increase of 2023 – Mining Bitcoin NewsThe network's difficulty now stands at 48.71 trillion, marking a 22.62% increase over the last 55 days since Bitcoin block height 778,176.
Read more »

Terawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus – Mining Bitcoin NewsTerawulf Energizes 50 MW at Nuclear-Powered Bitcoin Mining Facility Nautilus – Mining Bitcoin NewsTerawulf has announced the full deployment of its 50-megawatt (MW) stake in the nuclear-powered Nautilus bitcoin mining facility.
Read more »

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify – Market Updates Bitcoin NewsBitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify – Market Updates Bitcoin NewsBitcoin’s downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000.
Read more »

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low – Market Updates Bitcoin NewsBitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low – Market Updates Bitcoin NewsBitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support.
Read more »



Render Time: 2025-02-19 11:51:55