bitcoin price

  1. Hanno Labuschagne

    Bitcoin rout worsens

    Bitcoin rout worsens A week-long rout in Bitcoin deepened amid the recent broader retreat from risky assets in the wake of US President Donald Trump’s tariff threats and crypto sector turmoil, marking a dramatic reality check for one of the most popular Trump trades. The original...
  3. Hanno Labuschagne

    Bitcoin drops after hitting record

    Bitcoin drops after hitting record A Bitcoin slide from a record high earlier this week extended to more than 10% at one point, as reduced scope for looser US monetary policy crimped speculative zeal. The price of the original cryptocurrency dropped as low as $95,564 (R1.76 million) on...
  4. Hanno Labuschagne

    Danger of keeping your crypto on an exchange

    Danger of keeping your crypto on an exchange Every four years, Bitcoin and other cryptocurrencies go through a mania period that draws in millions of people around the world hoping to earn big returns on surging token prices. Like clockwork, a significant number of these new investors...
  5. Hanno Labuschagne

    Bitcoin price closes in on R2 million

    Bitcoin price closes in on R2 million Bitcoin took a breather after topping $108,000 (R1.95 million) for the first time as traders await an expected Federal Reserve interest-rate cut and assess a wave of optimism from President-elect Donald Trump’s support for crypto. The largest token touched...
  6. Hanno Labuschagne

    Bitcoin price cracks $100,000

    Bitcoin price cracks $100,000 On Wednesday night in New York, the dreams of crypto’s permabulls became reality: Bitcoin hit $100,000 (R1.82 million). A monthlong rally has seen the largest and oldest cryptocurrency alternately approach — and then repeatedly shy away from — that most...
  7. Hanno Labuschagne

    One big thing that impacts crypto trading in South Africa

    One big thing that impacts crypto trading in South Africa Cryptocurrency trading activity in South Africa is heavily influenced by whether the price of Bitcoin is going up. This is according to three major local crypto exchange providers — VALR, Luno, and Altify.
  8. Hanno Labuschagne

    Bitcoin nearing all-time record

    Bitcoin nearing all-time record At the heart of the rally that is pushing Bitcoin toward a record high is a simple tenet of economics: supply and demand. Demand for the token from new US exchange-traded funds is outstripping the amount of Bitcoin that long-time holders are willing to sell...
  9. Hanno Labuschagne

    Bitcoin surges to $50,000 value for first time in over two years

    Bitcoin surges to $50,000 value for first time in over two years Bitcoin hovered around $50,000 after scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that had cast doubt on the industry’s viability. The largest...
  10. Hanno Labuschagne

    Bitcoin price jumps to near two-year high

    Bitcoin price jumps to near two-year high Bitcoin surpassed $45,000 (R823,261) for the first time in nearly two years as anticipation of an approval of an exchange-traded fund investing directly in the biggest token intensified. The cryptocurrency jumped as much as 4.3% to its highest level...
  11. Hanno Labuschagne

    Bitcoin surges over $44,000 after six-day winning run

    Bitcoin surges over $44,000 after six-day winning run Bitcoin’s longest winning run since May lifted the token past $44,000 (R833,000), sparking questions about whether the breakout increasingly reflects a conviction that looser Federal Reserve monetary policy lies ahead. The largest digital...
  12. Hanno Labuschagne

    Bitcoin prices rallies to $42,000

    Bitcoin price rallies to $42,000 Bitcoin shrugged off a slide in global markets during a rally to a more than 19-month high, a sign of its decoupling from other assets. The token jumped 5.8% to scale $42,000 (R790,000) on Monday and was just below that level in morning Asian trading on...
  13. Hanno Labuschagne

    Bitcoin price surges over $40,000 for first time in year and a half

    Bitcoin price surges over $40,000 for first time in year and a half Bitcoin topped $40,000 (R746,180) as the largest digital asset extended a 2023 rebound on expectations of interest-rate reductions and greater demand from the exchange-traded funds sector. The token added as much as 2.9% to...
  14. Hanno Labuschagne

    Bitcoin resurgence in 2023

    Bitcoin resurgence in 2023 Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some skeptics predicting the demise of digital assets. The largest cryptocurrency by market value rallied for a third day, pushing the price back to around...
  15. Hanno Labuschagne

    Bitcoin hits $35,000 for first time since May 2022

    Bitcoin hits $35,000 for first time since May 2022 Bitcoin extended a rally fueled by expectations of fresh demand from exchange-traded funds (ETFs), reaching the highest price since May last year. The largest digital asset rose as much as 11.5% to top $35,000 (R661,932) and was trading at...
  16. Hanno Labuschagne

    Bitcoin brushes $25,000 level

    Bitcoin brushes $25,000 level A rally in Bitcoin took the token to the cusp of scaling $25,000 for the first time since August amid broad gains in crypto markets as investors shook off concerns about a US regulatory clampdown. The largest digital asset rose as much as 3% on Thursday and was...
  17. Hanno Labuschagne

    Bitcoin rallies over $21,000

    Bitcoin rallies over $21,000 Bitcoin surged over $21,000 on Saturday amid optimism that it may have bottomed and inflation may have peaked. The largest cryptocurrency rose as much as 7.5% to $21,299. It hadn’t been above $20,000 since Nov. 8, and Saturday marked its 11th straight day...
  18. Hanno Labuschagne

    Big Bitcoin price predictions meet tough reality in 2022

    Big Bitcoin price predictions meet tough reality in 2022 A year ago, crypto analysts, riding high from the successes of 2021, had big hopes for Bitcoin, with some of them seeing the token hitting $100,000 or more in 2022. That’s a far reach from where the coin is actually ending this annus...
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