In Its Entire History, Bitcoin Has Only Spent 0.81% of Its Life Above the $60K Line

March 3, 2024 Bitcoin.com

Bitcoin price hits $25K in new 2023 high

February 16, 2023 Coin Telegraph

$25

Despite macroeconomic headwinds and regulatory crackdowns on crypto, Bitcoin is made a new high for 2023.

The price of Bitcoin (BTC) has reached a new 2023 high of $25,000. The milestone comes after a surge in Bitcoin's price over much of January.

The last time Bitcoin’s price was around $25,000 was near mid-June 2022 on its way down to between $19,000 and $21,000, where it had hovered for several months, according to data from CoinGecko.

*The price of BTC has increased double digits over the last 24 hours to reach the $25,000 milestone.*

The price of BTC however took a big dip in November following the FTX crisis, which saw it drop to a 2022 low of $15,742 on Nov. 10. 2022.

The price began to surge in early January, when the price of BTC increased over 14 consecutive days between Jan. 4-17.

That daily green candle streak was its second longest in the cryptocurrency’s 14-year history — having fallen one day short of its 15-day record in November 2013.

While BTC has had an impressive start to 2023, it is still down 63% from its all time-high (ATH) of $69,044, which was reached on Nov. 10, 2021.

Some economists such as Lyn Alden however believe that BTC’s current price surge may be relatively short-lived. The Bitcoin bull believes actions from the U.S. Federal Reserve will likely impose “considerable danger ahead” for BTC in the second half of 2023.

Meanwhile, Galaxy Digital Holdings CEO Mike Novogratz is more bullish over the short term.

Speaking at a Bank of America conference on Feb. 15, Novogratz reportedly said there’s a chance BTC could hit $30,000 by the end of March.

Twitter adds BTC and ETH price indexes to search function

December 22, 2022 Coin Telegraph

Coin Telegraph

Twitter searches for “$Bitcoin,” “Bitcoin price” and “BTC price” pulls up a price chart, with equivalent searches working for Ethereum too.

Social media platform Twitter has added a new crypto feature that enables users to search the price of Bitcoin (BTC) and Ether (ETH) simply by typing their names or tickers into the search tab.

The new feature is an improvement of "$Cashtags" and was announced by the Twitter Business account on Dec. 21.

The account noted that whenever one tweets the symbol of a major stock, ETF, or cryptocurrency with $ in front of it, people will be able to see a clickable link that takes them to search results which will now include the pricing graphs for those symbols.

It also noted that simply searching for the ticker, whether it be a stock or crypto, will also bring up the price graph.

Shortly after on Dec. 22, Twitter CEO Elon Musk retweeted the announcement of the new feature stating that it is "one of many product improvements coming to financial Twitter."

One of many product improvements coming to financial Twitter!

Nice work by Twitter team. https://t.co/CKLH8OtDDW
— Elon Musk (@elonmusk) December 22, 2022

It appears that BTC and ETH are the only two cryptocurrencies with price charts at the time of writing. Other top cryptocurrencies, including Musk’s beloved Dogecoin (DOGE), have not made the cut.

However, Twitter Business said that it expects to expand its coverage of symbols and improve user experience "in the coming weeks."

*A screenshot of Twitter’s 24 hour price chart of Ether (ETH). Source: Cointelegraph.*

Cointelegraph found that a number of variations of Bitcoin such as “$Bitcoin,” “Bitcoin price” and “BTC price” also bring up the price chart, with corresponding searches also working for Ethereum.

Tech blogger Jane Mastodon Wong noted to her 158,700 Twitter followers on Dec. 21 that the charts are sourced from trading analysis platform TradingView.

The chart is actually an image, sourced from @tradingview with URLs like:https://t.co/opD10sWnLY https://t.co/hUBbP9hpMe
— Jane Mastodon Wong (@wongmjane) December 21, 2022

The price charts also include a “View on Robinhood” link that can be clicked in the bottom left hand corner, suggesting the retail trading platform has teamed up with Twitter for this integration.

There, users are brought to Robinhood’s price chart for ETH, which provides an additional link below stating “Sign Up to Buy Ethereum.” The same links are provided for Bitcoin too.

However, no partnership details have been disclosed between Twitter and Robinhood.

Twitter’s price chart integration may arguably lead to more traffic to Robinhood, as #Bitcoin alone is tweeted roughly 120,000 times per day, according to data from BitInfoCharts.

#Ethereum on the other hand hoddles at around the 25,000 range.

Earlier this month, rumors began to circulate on Dec. 4 that Twitter may create its own native cryptocurrency “Twitter Coin” to be used for payments on the platform, which came about a week after Musk shared a glimpse into what “Twitter 2.0” may look like on Nov. 27 — which included the possible integration of cryptocurrency-based payments on Twitter.

But Musk’s future at Twitter appears to be at the crossroads after the controversial figure asked Twitter whether he should “step down as head of Twitter?” in a Dec. 19 Twitter poll — with 57.5 of the 17,502,391 voters polling “Yes.”

Musk later added that he “will resign as CEO as soon as I find someone foolish enough to take the job!”

Price Chart