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After plunging to $6,300 on Thursday last week, Bitcoin stayed near the same levels for the entire weekend thanks to low buying interest. But come Monday, the cryptocurrency made a sharp jump upwards which added over $500 to its value in a matter of only a couple of hours. With
Once again we’re at the middle of the week with Bitcoin’s USD value falling down after a climb upwards during the previous week. Whereas this time last year Bitcoin’s price was changing fast from one day to the next, for the past month the world’s number one cryptocurrency has been
After an unsuccessful bull run at the end of last week, Bitcoin’s price is back to where it was during our last update. Lowered interest on the market paired up with a bearish sentiment has driven the price downward around $6,400, with current market signals indicating that the trading mood
Bitcoin’s price is always in flux. After hitting the ceiling last year, the price of the world’s biggest cryptocurrency dipped quite significantly, with no one really being sure what the future holds. This year has been quite tumultuous for Bitcoin – in a span of only 6 months, the price
The world’s biggest cryptocurrency by trading volume is back at $6,300 after an interesting week of highs and lows. As the charts show, the past week was marked by increased trading interest which took the market from being bullish to bearish and then bullish again as investor sentiment changed. But
The past week was a hard time for Bitcoin as the cryptocurrency slid off from app. $7,500 to losing short of $1,000 in a matter of a day. However, despite the rumors of a Bitcoin whale unloading $1 billion worth of coins, there is no confirmation that the big price
Bitcoin is once more heading towards $7,500 after drawing a curve on the price charts last week supported by increased trading interest. Like Forbes reported, BTC price reached a one-month peak yesterday, pulling other digital currencies along with it. In the course of Monday to Tuesday, Bitcoin grew 2.2% to
As we discussed in our last week’s update, Bitcoin’s bullish market drove the price over $6,700 to break past the $7,000 range this week. Thanks to a stronger buying sentiment, Bitcoin has reverted back to former positions and is looking at a further increase according to current market signals, but
A week after suffering a drop below $6,000, Bitcoin is again in the green zone and trading around $6,700, fueled by a predominantly bullish market. While the past weeks have shown that Bitcoin and other alternative cryptocurrencies are still quite vulnerable to shifting market sentiments, what’s positive to note is
Just like we predicted a few weeks back, the month of August became a testing time for Bitcoin after the cryptocurrency saw a sudden price boost to over $8,000 at the end of last month. Like it was expected, during the past seven days Bitcoin’s price tumbled down significantly as