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Tanzania 🇹🇿🇹🇿
Today Bitcoin price
1bitcoin = $37,460
1bitcoin = 100,000,000 satoshi
1bitcoin = 93,575,080 Tanzania shillings

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JUST IN: 🇺🇸 21Shares President says "it's really positive" to see good SEC engagement on spot #Bitcoin ETF applications 👀

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Bitcoin (BTC) Price History Secret: Here's Why This December Might Be Bullish.

Delving into Bitcoin's historical trends reveals compelling insight into why upcoming month can be considered bullish.

As the year draws to a close, Bitcoin (BTC) enthusiasts are closely monitoring the historical patterns that suggest December could be another bullish month for the world's leading cryptocurrency.

In 2015, after closing October and November at a positive 33.1% and 19.8%, BTC surged by 14.1% in December. The years 2016 and 2017 witnessed even more remarkable gains, with positive returns in December of 29.2% and 38.8%, respectively. In 2020, following October and November gains of 28.1% and 42.9%, BTC soared by 47.8% in December, showcasing a consistent historical trend.

While exceptions like 2013 exist, as Bitcoin experienced a 33.2% dip in December, it could be argued that the crypto landscape was markedly different, resembling the "Wild West," with unprecedented price fluctuations, such as a staggering 453.9% surge in November that year. This year, BTC has continued its upward trajectory, closing October with a 28.5% gain and projected to end November with a 7.18% increase.

Statistically, the last quarter of the year has proven to be one of the greenest for the cryptocurrency market. As of now, the fourth quarter of 2023 is closing with a notable 37.7% gain, marking the potential eighth time out of 13 years that the year concludes on a bullish note. With this historical insight, all eyes are on Bitcoin as the crypto community eagerly anticipates whether the trend will continue, making December 2023 a month to remember for BTC enthusiasts.
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$BTC $ETH $BNB

congratulations to Argentina 💐
📸 Hundreds of people in Argentina forming the shape of a #Bitcoin in protest of soaring inflation earlier this year.

🇦🇷 Argentina demands #BitcoinStability $ETH $BTC #CryptoMoj more on Argentina

📊 Rethinking Bitcoin 'Dominance' at 51% — A Misleading Metric?

📈 Bitcoin dominance in the market has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year-high, exceeding 51%.
🧐 However, a closer analysis by experts suggests that the concept of “Bitcoin dominance” may not be as informative as it seems, especially when considering the broader dynamics of the cryptocurrency market.

📉 Misleading Indicator for BTC?

📊 The term “Bitcoin dominance” refers to the percentage of BTC in the total market capitalization of all cryptocurrencies. While it may seem at first glance that it reflects the market strength of Bitcoin, this metric largely reflects trading activity between Bitcoin and Ethereum, the second-largest cryptocurrency and the largest altcoin by market capitalization.

💱 This dynamic can distort the perception of Bitcoin dominance, especially when significant shifts occur in the ETH/BTC trading pair.

💼 The Role of Stablecoins and “Idle” Capital

🤔 Complicating the interpretation of Bitcoin dominance is the role of stablecoins, such as Tether (USDT), the second-largest “altcoin” by dominance, currently accounting for about 6.3%.

💹 The growth in the market capitalization of USDT often does not result directly from cryptocurrency market activity, but rather represents an inflow of what can be termed "idle" capital—funds essentially expressed in dollars and often waiting to enter the market sooner or later.

💰 Thus, the increasing market capitalization of stablecoins like USDT does not necessarily reflect investments in cryptocurrencies, but rather the willingness of investors to participate in or hedge their cryptocurrency risks.

📊 Meanwhile, the share of everything other than Bitcoin, ETH, or USDT accounts for only about 25% and dropped from a multi-year high of 35% in 2022.

#CryptoMarketPredictions #BitcoinStability #EthereumHigh #CryptoNews🔒📰🚫

Altcoin Ascend While Bitcoin Holds Steady

Hey Binance Square fam, Linkan here diving into this week’s crypto highlights! 🌐

Bitcoin ($BTC ) played it cool this week, staying steady around $36,500. Despite some volatility, it managed to hover near this mark, showcasing its classic resilience .

The real buzz, however, was in the altcoin arena. Solana ($SOL ), Cardano (ADA), and Chainlink (LINK) saw impressive gains, with SOL leaping over 7.5% to cross $60. ADA and LINK weren’t far behind in this rally .

🌟 Weekly Standouts: $TIA (up 66%), KAS (up 61%), and Render (up 44%) topped the charts, with GNO and AVAX each gaining a solid 18% .

🔍 Hashtags: #CryptoTrends #BitcoinStability #AltcoinRise #SOLSurge #InvestSmart

💡 Disclaimer: This content is informational only, not financial advice.

Stay ahead in the crypto game, folks! 🚀

— Linkan 💬

📈 Inflows into digital asset investment products totaled $346M last week, the largest weekly inflows in 9 weeks.

$BTC saw inflows of $312m, while $ETH saw inflows of $34M.

#BitcoinStability #EthereumBull #bulllish

Just my 2Cents What if U.S,CZ and BlackRock planned what's happening .

Blackrock Shorting to get free Bitcoin then U.S to have $4Billion settlement for funding FTX that i think they control Then CZ for the peace of mind of everybody

I dont see this as negative but another opportunity to grow more.

#CZ
#Crypto
#BitcoinStability