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Bitcoin has once again proved that it is a valuable safety asset in times when global financial markets are going through a crisis. Namely, after falling down to nearly $7,000, the world’s most popular cryptocurrency started an ascending path as the political crisis in Italy deepened over the weekend and
Bitcoin’s struggle continues this week as the cryptocurrency fails to break away from correction and repeat the growing streak that took it to an all-time high of $20,000 last December. After rising to $12,000, Bitcoin started sliding at the beginning of the week and dropped again below $10,000. And judging
Bitcoin is once again nearing $11,000 after dropping down from the $13,000 range during the weekend due to a strong selling mood on the markets. Currently, market signals indicate that the trend is changing, although nothing can be said for certain. In other interesting news, Nasdaq is looking into offering
Bitcoin just had one of the most difficult weeks in the past year as its trading price started crashing on Tuesday and reverted back to December levels. As could be expected, other top cryptocurrencies quickly followed suit and likewise started to exhibit significant loses ranging from 27% to even 40%
As the Christmas holiday came to a close and the business week started picking up steam, Bitcoin’s price saw a reversal back towards former highs, short after suffering one of the most notable price crashes this year. Currently, the price is back over the $16,000 range – a vast improvement
After touching the remarkable $20,000 range on Sunday, Bitcoin’s price started rolling back the same day, at first slowly and then faster throughout Monday and Tuesday. On Tuesday alone, Bitcoin lost nearly $1,000 in the course of an hour – a drop that followed the decline of CME’s Bitcoin futures
The price of Bitcoin is moving close to $17,000 again after a weekend sell-off took it down to the $14,000 range from where it gradually recovered since week’s start. According to current stats, there might be another selling wave in the making as bears return to the market to capitalize
It is no longer surprising to see Bitcoin set new records, at least not with the mass attention the cryptocurrency has received from influential media houses and the tech/finance community. After losing some of its gains on Wednesday and Thursday, following a sell-off on the trading market, Bitcoin began recovering
During the past week, the price of Bitcoin crashed a number of records, surpassing even the optimistic predictions we spoke about two weeks ago that estimated a price gain of 28% over the $6,900 level at the time, which has long been exceeded. As current market stats show, the new
Bitcoin went through yet another stormy week-start as a hack of the Tether cryptocurrency caused panic on the trading market and sent the BTC price plunging by over $400 dollars in a matter of a few hours. Luckily, the price drop was only temporary and Bitcoin began climbing back to