Chart of price change BTC/USD

Currency pair BTCUSD represents the relation of bitcoin against the U.S. dollar. The BTCUSD pair is highly regarded among currency traders due to its high liquidity and volatility. This pair is practically not subject to the influence of fundamental factors, in particular, the publication of economic data. Dynamics of the BTCUSD pair depends on cryptocurrency news, state regulation and the actions of large investment funds operating in the cryptocurrency market.

Economic news


New Zealand and U.K. Inflation Reported Higher than Expected, U.S. Dollar Weakened, Commodities and U.S. Indices Moved Lower, Bitcoin not Recovering
New Zealand and U.K. Inflation Reported Higher than Expected, U.S. Dollar Weakened, Commodities and U.S. Indices Moved Lower, Bitcoin not Recovering

Inflation was reported lower for the U.K. but higher than the forecast. The slowdown in the fall in Britain’s inflation rate follows an accel...

Cooling UK Labour Market, Lower than Expected Canada’s Data
Cooling UK Labour Market, Lower than Expected Canada’s Data

The labour market in the U.K. still experiences wage growth. However, more people are dropping out of the workforce. Regular wages excluding bonuse...

US Retail Sales Beat Expectations, USD Strengthened Further
US Retail Sales Beat Expectations, USD Strengthened Further

U.S. retail sales increased more than expected in March, further evidence that the economy ended the first quarter on solid ground. Strong retail s...

UoM: Decrease in Consumer Sentiment and Increase of Inflation Expectations, Commodities Drop Sharply before Weekend, USD Strengthened Further
UoM: Decrease in Consumer Sentiment and Increase of Inflation Expectations, Commodities Drop Sharply before Weekend, USD Strengthened Further

The University of Michigan’s preliminary reading on the overall Consumer Sentiment index was reported low, at 77.9 this month, compared to a ...

ECB Steady Interest Rates and Cuts Soon, U.S. PPI Lower with Core Figure as Expected, Stocks to Upside, Euro Weakens, Dollar Strengthens, Crude Oil Retreats
ECB Steady Interest Rates and Cuts Soon, U.S. PPI Lower with Core Figure as Expected, Stocks to Upside, Euro Weakens, Dollar Strengthens, Crude Oil Retreats

The European Central Bank (ECB) kept interest rates at record highs yesterday but gave a clear signal that it may be preparing to proceed with cuts...

RBNZ Holds OCR at 5.50%, U.S. CPI Inflation Beats Estimates
RBNZ Holds OCR at 5.50%, U.S. CPI Inflation Beats Estimates

The U.S. inflation report yesterday shook the markets as it showed that U.S. consumer prices increased more than expected in March leading financia...

U.S. Indices Close Flat before CPI, Gold Up Again, Crude Oil Lower, BTC Remains to Downside, CPI and Central Banks News Ahead
U.S. Indices Close Flat before CPI, Gold Up Again, Crude Oil Lower, BTC Remains to Downside, CPI and Central Banks News Ahead

Winners vs Losers Silver and Gold remain on the top of the week’s winners list with 3.11% and 1.55% gains respectively. Silver gains reached ...

USD Firm ahead of US CPI Release; JPY to Face Crucial Test
USD Firm ahead of US CPI Release; JPY to Face Crucial Test

The dollar consolidated on Wednesday ahead of a key inflation report later in the day, while the yen remained a whisker away from what markets beli...

Brokers' Analytics


BTC hovers near $42k

Bitcoin shed 1.63% to $41,138 on Wednesday, January 19. The BTCUSD pair rebounded to $42,559 on the back of rising US stock indices but closed in the red as the benchmarks sank to ne...

Bitcoin hits resistance at $44,400

Bitcoin logged gains on Wednesday, September 22. By the close, the BTCUSD pair climbed 6.9% to $43,543. Investors settled down after positive news rolled in on the embattled Chinese ...

BTC gropes for support at $44k

BTCUSD ticked up 0.02% to $46,000 on Wednesday, August 18, but the bulls saw all of their gains eroded. The price action dropped to $43,927 in Thursday APAC trading. We still believe...

Forex Technical Analysis & Forecast 10.05.2021

EURUSD, “Euro vs US Dollar”After extending the ascending wave towards 1.2147, EURUSD is consolidating around this level. Possibly, the pair may break the range to the dow...

Forex Technical Analysis & Forecast 28.04.2021

EURUSD, “Euro vs US Dollar”EURUSD is forming a new consolidation range below 1.2088. Today, the pair may fall to break 1.2050 and then continue trading downwards with the...

Forex Technical Analysis & Forecast 26.04.2021

EURUSD, “Euro vs US Dollar”After breaking 1.2060 to the upside, EURUSD is moving upwards and may expand the range up to 1.2128. Later, the market may start a new correcti...

Forex Technical Analysis & Forecast 23.04.2021

EURUSD, “Euro vs US Dollar”After completing the correction and starting a new descending wave, EURUSD has finished its first structure at 1.1993. Possibly, today, the pai...

Forex Technical Analysis & Forecast 22.04.2021

EURUSD, “Euro vs US Dollar”After extending the descending impulse down to 1.1998 and then completing the correction at 1.2041, EURUSD is expected to start another decline...

BTCUSD currency pair

BTCUSD currency pair is a completely new asset class, known as cryptocurrencies. Nowadays, Bitcoin – is the world's most popular cryptocurrency. Bitcoin trading runs 24 hours a day, 7 days a week on the largest cryptocurrency exchanges. Many forex brokers also offer their customers bitcoins as one of their assets.

One of the main characteristics of cryptocurrency trading instruments is high volatility. Bitcoin could be subject to potential swings in price due to the government regulation and latest news. BTCUSD currency pair is suitable for those traders who want to keep a diversified portfolio and have a good understanding of the investment risks.

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