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Bitcoin is back below $4,000 a week after the cryptocurrency began showing signs that its November price drop could be reversed. Due to an increased interest by buyers who were hoping to make a profit on the latest price correction Bitcoin shot up, only to begin dropping down again on
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
Bitcoin goes back towards $7.5K after having one of its most trying weekends in a while, once again proving skeptics that it’s here to stay. The world’s biggest cryptocurrency suffered a major drop during the weekend, causing a correlated drop in other altcoins and halving the market capitalization of the
Following last week’s big uptick, mostly likely triggered by the relief that Bitcoin’s network split didn’t have any effect on its price, Bitcoin pulled off yet another incredible feat – going well over $4,000 during the weekend. However, as it has happened many times before, the price rolled back quickly