News

The Latest Price Consolidation Calls for a Rally

In the past few weeks and especially the past month, Bitcoin has been battered by the coronavirus pandemic. Last week, traders heard great news as the leading cryptocurrency raced over the $6,000 mark after hitting a low below $4,000. Although it tested $7,000 on several occasions, Bitcoin couldn’t make a

Bitcoin Price Soars as Miners Return

Saying that the last few weeks have been hard on Bitcoin is an understatement. The largest cryptocurrency in the world has been battered by the COVID-19 pandemic, suffering blow after blow each day. From a bull market not a month ago, the price has hit points below $4K. As prices

Bitcoin Price Jumps Back After Trump’s Coronavirus Response Package

The coronavirus global outbreak has hit the world hard. Economies are hanging by a thread, businesses are shutting down, and royalties are taking massive dips in price. Bitcoin has taken quite a hit as well. After starting the year with a bang, the leading cryptocurrency in the world has seen

Bitcoin Continues to Slide – Is There a Reason to Panic?

After a strong start to the year, Bitcoin has once again fallen into a bit of a slump. While experts are not that concerned, traders are hit with bad news every week. Last week, for example, Bitcoin couldn’t break the $8,950 support level and this week, it went down to

Resistance at $8,950 Could Prevent Bitcoin’s Price to Jump Up

Bitcoin’s upward price trend in the past month has apparently cooled down. Although the price drops aren’t that dramatic, it has failed to reach the $10K level for the second week in a row, bringing back memories of 2019 crypto owners and traders are not fond of. After shooting past

The Coronavirus Is the Reason for Bitcoin’s Latest Price Dip

The global panic over the spread of the coronavirus affects the economy in different ways. It has broken trade lines and caused massive transit delays and cancellations affecting the price of gold and oil. It has even managed to massively hit the blockchain. After a few strong months, Bitcoin experienced

Bitcoin Price Stable at $10K

Last week, we talked about the soaring price of Bitcoin that was well on its way to take a crack at $10,500 and $11,000. Bulls were finally making a dominant run and the price went up and up all the time. A reversal was expected by many experts and not

Bitcoin Price Soars Above $10,000

After a year of failure, 2020 finally brought good (great?) news for Bitcoin. The leading cryptocurrency by market volume has soared to new heights, bringing back memories of its outstanding run a few years ago. The past few weeks have seen Bitcoin on the rise and constantly testing the $10K

Bitcoin Still on Track for a Bullish Run

After a year of success and failures, Bitcoin is back at it after the price jumped significantly right at the beginning of 2020. Positive indicators have continued since then, with the leading cryptocurrency in the world testing the $10,000 mark last week. It eventually settled just below $9,500, but according

A New Bitcoin Surge Has Traders Optimistic

After receiving positive news last week, Bitcoin traders and owners have even more reasons to be happy. Experts were adamant that the latest price jump is the result of an impending bull run and as things stand now, they may have been right. After initially testing the $9.5K mark last