The Latest Bitcoin News | Crypto Analysis & Prices | NewsBTC (2024)

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What is the latest Bitcoin price analysis? ›

The live price of Bitcoin is $ 67,949.56 per (BTC / USD) with a current market cap of $ 1,340.76B USD. 24-hour trading volume is $ 25.03B USD. BTC to USD price is updated in real-time. Bitcoin is +1.33% in the last 24 hours with a circulating supply of 19.73M.

Price of BTC today

The live price of Bitcoin is $ 64,709.41 per (BTC / USD) with a current market cap of $ 1,276.99B USD. 24-hour trading volume is $ 36.40B USD. BTC to USD price is updated in real-time. Bitcoin is -2.09% in the last 24 hours with a circulating supply of 19.73M.

Melker opened the conversation by highlighting Michael Saylor's startling forecast: By 2045, bitcoin's price could be anywhere from $3 million to $49 million, with a mid-range of about $13 million.

Our most recent Bitcoin price forecast indicates that its value will increase by 12.68% and reach $74,649 by August 02, 2024.

Bitcoin Price Prediction 2028

Towards the end of the year, there is a growing likelihood of a significant price surge, indicating a promising upward trajectory. This optimistic trend could lead Bitcoin to stabilize between $98,000 and $102,000, potentially surpassing the $100,000 milestone by year's end.

There are several risks associated with investing in cryptocurrency: loss of capital, government regulations, fraud and hacks. Loss of capital. Mark Hastings, partner at Quillon Law, warns that investors must tread carefully in crypto's unique financial environment or risk significant losses.

Bitcoin's price today is US$63,851.05, with a 24-hour trading volume of $35.19 B. BTC is -2.19% in the last 24 hours. It is currently -8.76% from its 7-day all-time high of $69,979.30, and 0.52% from its 7-day all-time low of $63,520.71. BTC has a circulating supply of 19.73 M BTC and a max supply of 21 M BTC.

By getting investors excited about the future of Bitcoin, she could attract more inflows to her ETF. If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000.

Does Bitcoin have a future? ›

While the future of Bitcoin is unknown, retail investors must be very cautious about every move of Bitcoin, as it has witnessed tumultuous before. Moreover, India's stance on cryptocurrencies continues to be firm, with the government bringing all crypto-related transactions under the ambit of the Money Laundering Act.

Due to the potential for losses, the Financial Conduct Authority (FCA) considers this investment to be high risk.

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

Jurrien Timmer, Director of Global Macro at Fidelity Investments, predicts a staggering future for Bitcoin, suggesting that the value of a single Bitcoin could soar to $1 billion by 2038 to 2040. Timmer's demand model is rooted in Metcalfe's Law.

Overall, Sciberras is optimistic about Bitcoin's future. “Looking into 2024 and beyond, I'm personally very long-term bullish on Bitcoin,” he says citing the macroeconomic backdrop, the upcoming halving in May, the improved development of scalability within the Lightning network, and the potential U.S.-based BTC ETF.

So, who are the top holders of BTC? According to the Bitcoin research and analysis firm River Intelligence, Satoshi Nakamoto, the anonymous creator behind Bitcoin, is listed as the top BTC holder as of 2024. The company notes that Satoshi Nakamoto holds about 1.1m BTC tokens in about 22,000 different addresses.

However, some experts have offered bold projections. Cathie Wood, the founder, chief executive officer, and chief investment officer of ARK Invest, believes that Bitcoin could be worth $1 million per coin before 2030, as adoption by institutional investors increases.

Bitcoin Price is at a current level of 67920.30, up from 65749.96 yesterday and up from 29200.24 one year ago. This is a change of 3.30% from yesterday and 132.6% from one year ago.

Therefore, the Notcoin (NOT) price is expected to maintain an uninterrupted descending trend and hit support below $0.009, which may attract traders' attention. The bulls may exhibit their strength then, but until the platform experiences a huge influx of buying volume, the price may remain under the bearish influence.