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The Bitcoin market is clearly in a downward trend, after yet another major price decline among a brutal sell-off. The sell-off was initiated after the unveiling of the Colonial Pipeline attack by hacker group DarkSide. FBI officials have managed to recover part of the $5 million ransom paid to the
In recent months, Bitcoin’s price was all over the place. It shot up over $10K in June, then crashed down to Earth after a period of stable price around the $10K mark. In the past few weeks, Bitcoin’s price has plummeted, however, and analysts from JP Morgan think they know
In another week of low-volume trading, the world’s largest digital coin, Bitcoin, drops to $6,500. The cryptocurrency finished last week on a positive note, closing near $7,600 on Friday. However, due to lowered interest and bearish trends, the coin lost over $1,000 in just two days while current market signals
It has been another interesting week for Bitcoin as the cryptocurrency dropped down more than 11% from the $11,000 range it neared last week, only to start recovering again at the start of this week and head towards $11,000 again. As market signals indicate, buyers still dominate the markets while