Bitcoin Plummets as Miners Sell Inventory, Spot Markets Panic
Bitcoin fell sharply early on Monday, having failed to establish a foothold above $40,000 over the weekend. Over the last 24 hours, the cryptocurrency declined…
Tag: Markets
Why Is Bitcoin Going Up, and Will It Crash Soon? What’s Next as Price Doubles to $40K
Bitcoin’s prices reached all-time highs above $40,000 less than a month after breaking $20,000 for the first time. Since the start of the most recent rally, ostensibly…
Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise
Bitcoin has shed much of the weekend’s stellar gains, as relatively cheap alternative cryptocurrencies play catchup with the crypto market leader. At the press-time price…
Bitcoin Hits Record Above $20K as Analysts Remain Confident of Future
After testing investor patience for three weeks, bitcoin has finally crossed above $20,000 to reach fresh all-time highs. The number one cryptocurrency by market value…
Bitcoin’s Rising Popularity With Investors Means Gold Will ‘Suffer’: JPMorgan
Gold could lose its shine in the long run due to institutional investors’ increased preference for bitcoin, according to the investment banking giant JPMorgan. “The…
Bitcoin’s Bull Run Is Slowing – Pullback Now Expected
Bitcoin (BTC) could be set for an imminent retracement as the uptrend that had its origins in March’s “Black Thursday” crash now looks to be…
Bitcoin Eyes Price Breakout Amid US-Iran Tensions
Bitcoin is drawing bids amid heightened geopolitical uncertainty and could soon rise above key resistance at $7,580, confirming a short-term bullish breakout. The top cryptocurrency…
Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says
Bitcoin’s scheduled mining-reward halving in May 2020 could leave prices for the cryptocurrency in a range between $20,000 and $50,000, according to a new estimate.…
Bullish Bitcoin Chart Pattern Still Intact Despite 7% Price Drop
Bitcoin has pulled back sharply over the last 48 hours, but is holding well above support near $6,850 keeping the short-term bullish bias intact. The…
Bitcoin Price Dips to Six-Month Low of $7,000
Bitcoin’s price dropped to a six-month low on Friday, with a widely tracked technical indicator reporting the strongest bearish bias in eight months. The number…