A neon sign indicates that Bitcoin is accepted inside the venue of the Paralelni Polis project, an organization combining art, social sciences and modern technology, in Prague, Czech Republic, on Friday, Jan. 5, 2024. Milan Jaros | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC … Read more
Standard Chartered predicts that bitcoin could fall to $5,000 in 2023 as part of their research on potential market surprises next year. Nurphoto | Getty Images The price of bitcoin fell in late afternoon trading Tuesday following a false social media post from the X account of the Securities and Exchange Commission that stated the … Read more
Bitcoin rose to start the week as investors awaited the potential approval of a U.S. bitcoin ETF this week. On Monday the cryptocurrency rose 1.5% to $44,854.11, according to Coin Metrics, as BlackRock, Grayscale and other potential bitcoin ETF issuers submitted final updates to the Securities and Exchange Commission, including key fee disclosures that bolstered … Read more
Even with a regulatory crackdown on cryptocurrency exchanges in the past year, the price of bitcoin rose steadily through most of 2023, and now sits at around $43,610 — a nearly $18,000 increase in value since September. Bitcoin hit a peak value of around $68,000 in November 2021. But by November 2022, it had lost … Read more
Yuichiro Chino | Moment | Getty Images Bitcoin rose on Thursday, recovering some of its losses from the previous day, when the cryptocurrency sold off on concerns about the potential of a bitcoin ETF approval that many expect as soon as next week. The flagship cryptocurrency was last higher by about 3% at $43,870.01, according … Read more
Bitcoin tumbled on Wednesday, giving back all of its gains from the rally earlier this week. The price of bitcoin was last lower by 6% at $42,159.37, according to Coin Metrics. On Tuesday it climbed as high as $45,913.30, its highest level since April 2022. The drop followed Nasdaq’s worst day since October, as traders … Read more
Bitcoin surged late Monday, topping $45,000 to hit its highest level in nearly 21 months, as the rally in cryptocurrencies continues into 2024. The world’s largest cryptocurrency hit an intra-day high of $45,519.52 at around 10.30 p.m. ET on Monday, according to CoinDesk data. That’s its highest level since April 5, 2022 and the first … Read more
NEW YORK, NEW YORK – DECEMBER 29: Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. The Dow was up slightly in morning trading in what has been a strong year for the stock market … Read more
Traders work on the floor of the New York Stock Exchange (NYSE) on the last day of trading for the year on December 29, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings … Read more
Filip Radwanski | Sopa Images | Lightrocket | Getty Images Bitcoin had a huge rally in 2023, with the digital currency up some 152% for the year. And a number of commentators CNBC spoke to — both inside and outside of the cryptocurrency industry — expect the rise to continue. After hitting a record high … Read more
