Posts Tagged: bitcoin

Bitcoin Hangs Tough Amid Negative Reports

While the Bitcoin headlines have largely been negative lately, it seems there’s a ray of hope. The biggest cryptocurrency by market volume is on a small rally that gives bulls hope that the price will soon make a bigger jump. Currently hovering over $34K, Bitcoin’s rally is on its third

Yet Another Bitcoin Price Slip

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

After a 2-Day Gain, Bitcoin Rejected at $38K

The Bitcoin crash continues this week as well. For the past month, BTC has been sent on a downward spiral, although the short-term technical indicators show a bullish trend. For all its tries, Bitcoin has simply been unable to climb past the $40,000 mark. After a recent 2-day gain, the

The Market is in Fear After Latest Price Drops

Bitcoin’s price continues to drop. It has been over a week since the start of the sharp decline, and nothing good looms on the horizon. Bitcoin’s price drops have been dragging the crypto market with it, resulting in fear sells which make things even worse. According to research, the current

Bitcoin on the Rise, But Short-Term Prospects Are Bleak

Bitcoin began this week with a 5%+ fall to around $53,000 on Monday. This stopped Ethereum’s rally with a bang, with Ether unable to break past the $4K mark. That has changed in less than 48 hours, with the whole market currently seeing green. The leading cryptocurrency itself is up

Bitcoin Gets a Much-Needed Break; Ethereum’s Price Soars

After hitting heights previously unseen early last month, Bitcoin’s price has dipped once again. It has been hovering around $54K for the past few days, consolidating after an expected bull run. Some investors were scared after the massive dip, yet all technical details point to another great run that will

Bitcoin Bounces Back from Last Week’s Slump

After a week of serious price drops, Bitcoin is back to the usual stuff. The leading cryptocurrency by market volume is retracing its steps back to $60K and beyond with a 10% price climb on Monday. It continued for the biggest part of Tuesday, consolidating around the $54,000 mark where

Bitcoin’s Latest Price Drop Gives Investors a Chance

If you haven’t heard the news, Bitcoin dropped sharply over the weekend. Last week, we talked about its rise to a new price point record. That happened on Tuesday when the leading cryptocurrency hit $64,000 per coin. Since then, the market has shifted its narrative, leading to a price drop

Bitcoin Breaks New Price Record

After a few weeks of ups and downs, Bitcoin has just reached a new price milestone as of yesterday. The leading cryptocurrency broke the $63K mark and shot up to $64K where it currently stands. The sharp rise retained most of Bitcoin’s latest gains, with experts adamant that the next

Bitcoin Rises by Over 10%, a Perfect Storm Before the Halving?

After a mixed start to the year, Bitcoin is once again back on the path to success. The world’s oldest – and largest – cryptocurrency is doing just fine during the coronavirus pandemic. After a few weeks of jumping up and down the $6K-$7K ladder, Bitcoin finally broke the $7K