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Bitcoin has been in trouble for weeks. We all know that prices have been dropping for the best part of the year, and FTX’s recent disappointing implosion has put the crypto market in disarray. Bitcoin has suffered the most significant blow, dropping well below the fairly standard price of $20,000.
A bit of good news is enough to make everyone’s day. That goes double for crypto investors and fans, who are patiently waiting for some good news in regards to Bitcoin’s price. While FTX’s demise severely hurt the crypto market, Bitcoin is on its way back to $20,000 as it
No big news but struggles for Bitcoin’s price this week. The largest cryptocurrency by market volume has been fighting to stay alive in the $17,000 zone, and it’s been doing pretty good. There have been mild cuts as investors are waiting to see the latest macroeconomic data. As the year
Are things finally starting to look up for Bitcoin’s price? While there haven’t been many major developments since last week, many experts are adamant that this too shall pass. According to Mobius Capital’s founder, legendary investor Mark Mobius, the price will tumble further before positive news can be expected. Mobius
No major moves on the Bitcoin price horizon which is disappointing news for all crypto investors. Bitcoin is stuck in the mid-$16,000 range, and that can be a good and bad thing. Bad, because we haven’t seen any positive developments, and good because Bitcoin is shunning volatility. There are mixed
In the wake of FTX’s bankruptcy and its creator running off with everyone’s coins, Bitcoin experienced a massive drop in price. It was down 18% for the month before steadying the ship and making a 2.5% price jump. It’s still less than the hard-fought $20,000 level from the past months.
Last week, we talked about the upward potential of Bitcoin’s price. Uptober was doing great and great things were expected early in November. However, that kind of optimism waned in the wake of the most recent price drop that took off almost $2,000 from Bitcoin’s price. Currently trading at just
For the past week (and a bit more), Bitcoin has managed to beat expectations and stay in the $20,000 trade range. The so-called ‘Uptober’ optimism has been holding ground, with many major investors and market participants buying into the idea that the price will remain over $20K. For the first
In the past few months, it seems obvious that Bitcoin has lost its famous volatility. The price has been stuck for some time now, with everyone wondering if it’ll ever go up again. Those predicted drops as low as $12K never happened, baffling the industry’s experts. Last week, we wrote
Could there be light at the end of the dark crypto tunnel? Bitcoin’s price has been range-bound for the most part of the past 3-4 months. However, analysts are sure that an upward move is imminent, citing muted volatility and seller exhaustion as the key driving forces. The current sideways