Posts Tagged: bitcoin

Bitcoin Over $1,030 on China FX Reserve Drop

We’re right at the middle of the week with the price of Bitcoin looking better than expected, thanks to increased interest that started forming yesterday afternoon. The volatility that has been frequently noted in the past days is going away while the price is currently looking to form support at

Bitcoin at $1,010; Venezuela Troubles Continue

The price of Bitcoin remained strong following the release of the NFP report on Friday, noting a near $10 increase since our last update. And just like many times before when the price reached this height, it suffered sporadic bursts of volatility which, at times, took it down and up

Bitcoin Breaks $1,000; IRB Warns Against it

The price of Bitcoins went over $1,000 near the end of the week, thanks to a bull run that started on Tuesday and hasn’t subsided since. Only less than a month ago, the price took a steep dive from a similar position to $880, while subsequent market events didn’t give

Bitcoin Back at $920 on Low Volume

We’re starting off this week at relatively unchanged stance, with the price of Bitcoin fluctuating mildly within the $915-920 range. But what’s interesting to note is that the trading interest saw a significant drop during the weekend session without pulling back the price along with it. But whether the market

Bitcoin Breaks $910 on Increased Interest

Right before the weekend, things have started to pick up for Bitcoins and the price broke out of the $910 range. And all this is happening despite lowered interest from Chinese markets, which have been almost slashed by the newly-imposed buying fees since Tuesday. Who knows, we might now just

Bitcoin on a Climb; Chinese Impose Trading Fees

With the Sunday trading session over, things are looking well for Bitcoins, as the price is still holding to the $920 support it broke through on Saturday. With fewer bursts of volatility noted in the past week that were nowhere as violent as in the first days of 2017, it

Bitcoin Breaks $900 on Bull Pressure

We’re right at the middle of the week with Bitcoin’s price still struggling to stay into one range thanks to regrouped buyer pressure on the market that sent the price back over $900, although briefly, less than a week after it plunged down to $755. Once again, it’s hard not