Posts Tagged: Goldman Sachs

Bitcoin Reverts; Wall Street Pauses Bitcoin Dreams

In another week of ups and downs, the world’s leading cryptocurrency by market capitalization has reverted back to a level it reached a week ago, trading currently around $3,700. Despite an uptick in interest from traders, Bitcoin has failed to stabilize around $4,000, with current market signals indicating that traders

Bitcoin Pulls Back; Fed Paper Blames BTC Futures for Price Drops

Bitcoin has fallen back to $9,000 again during the weekend thanks to an increase in bearish pressure. The recent price decline, to some extent, could have been triggered by the criticism towards Bitcoin from billionaire Warren Buffett and tech magnate Bill Gates during an interview on CNBC’s Squawk Box. Nevertheless,

Bitcoin Over $9,000; Will it Replace Cash?

Bitcoin is currently trading just above $9,000 per coin after a week of moving above and below this price range. Just when an overall bullish market was hinting at a break over $10,000, the cryptocurrency suffered a price correction that was likely triggered by profit makers who wanted to capitalize

Bitcoin Heads to $10,000 as Financial Markets Decline

Bitcoin’s USD price has climbed over $9,000 at the start of this week, marking a $1,000+ increase from 7 days ago. After a whole month of price drops and small upswings, the biggest cryptocurrency by market capitalization has finally pulled away from the $8,000 range and is now heading towards

Bitcoin at $4.3K; Another Exchange Hacked?

The price of Bitcoin has recovered and went over the $4,000 threshold during the past week, just like we discussed in our last update. And although USD price went through a minor correction during the previous day, it now sits near the $4.3 mark, with market signals showing there is

Bitcoin Breaks $4,000; Hits Record Market Cap

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

Price Swinging Around $2,500; Goldman Sachs Predicts Price Growth

Bitcoin price is still oscillating around $2,500, albeit the constant swings. The past few days have been a period when the price could rise by $20, or even $30 in a matter of minutes, and then drop again after few hours. In the past 5 days, the difference between the