Bitcoin CNY (BTC-CNY)
| Previous Close | 459,664.66 |
| Open | 459,664.66 |
| Day's Range | 432,372.40 - 473,853.66 |
| 52 Week Range | 177,530.36 - 530,462.12 |
| Start Date | 2010-07-13 |
| Algorithm | N/A |
| Market Cap | 9.156T |
| Circulating Supply | 19.69M |
| Max Supply | N/A |
| Volume | |
| Volume (24hr) | 355.73B |
| Volume (24hr) All Currencies | 355.73B |
- Yahoo Finance Video
Super Micro Computer stock sinks, bitcoin trades higher ahead of halving: Yahoo Finance
Shares of Super Micro Computer (SMCI) are plunging after the server company announced its third quarter earnings date, but didn’t pre-announce its results. It has investors concerned the quarterly update may not be as bullish as they had hoped. Bitcoin (BTC-USD) is rising ahead of its much-anticipated halving, which is expected to happen this weekend. Other trending tickers on Yahoo Finance include Netflix (NFLX), Nvidia (NVDA), and American Express (AXP). Top guests today include: 3:05 p.m. ET - Alex Morris, F/m Investments President and Chief Investment Officer 3:15 p.m. ET - Stacy Rasgon, Bernstein Managing Director and Senior Analyst 4:05 p.m. ET - Karen Karniol-Tambour, Bridgewater Associates Co-Chief Investment Officer 4:20 p.m. ET - Brian Gardner, Stifel Chief Washington Policy Strategist Be sure to check out Yahoo Finance's Bitcoin halving: Explained to learn more.
- Yahoo Finance Video
Bitcoin halving could set up cryptocurrency for long-term gains
Bitcoin's (BTC-USD) halving event is expected to occur over this weekend, either Friday, April 19 or Saturday, April 20. The halving event operates to reduce the number of available bitcoins in circulation once every four years, ultimately controlling inflation within the cryptocurrency. CoinFund Co-Founder and CIO Alex Felix and BitGo Managing Director and Head of the Go Network Matt Ballensweig join Market Domination to discuss bitcoin's long-term price trajectory. Ballensweig considers the halving a "non-event" for the short-term scope of bitcoin, advising traders to "stick to the basics" when managing crypto-adjacent stocks like bitcoin miners. Felix believes bitcoin could ascend to anywhere between $150,000 to $200,000 over the next couple years based on price progressions following past halvings. Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Yahoo Finance UKTrending tickers: Bitcoin, oil, gold, Netflix
The latest investor updates on stocks that are trending on Friday.
