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Following a surge on Monday, the price of Bitcoin is now steady at over $55,000. Positive news and headlines in the crypto space pushed the leading cryptocurrency in the world to new highs. After the strong start of the week, the price has even jumped over $55K, sparking hopes that
The Bitcoin and crypto market plunge continues. The most recent dip comes after the Chinese government reiterated its tough stance on Bitcoin fueled by the upcoming release of the government-backed token. The China crypto crackdown is not the only event shaking the crypto industry right now. As the Evergrande crisis
After a month of price boosts, Bitcoin’s price had dropped dramatically once again. A few days ago, the price dropped sharply in the midst of a global equity markets decline. Investors began unloading their assets as a result, dropping the price even further. El Salvador’s BTC adoption as legal tender
A couple of weeks ago, Bitcoin seemed well-stocked on its way to a run over $50,000 when it hit $53K. It seemed to reclaim its lost all-time highs, but those plans were abruptly shot down after El Salvador made the leading cryptocurrency legal tender. While many expected otherwise, Bitcoin’s price
The past few months have been truly desperate for Bitcoin fans. Prices were dropping faster than a speeding bullet, and Bitcoin investors suffered a lot. However, those who were smart to buy the dip are already reaping the rewards of Bitcoin’s recent rebound. After testing the $50,000 mark for weeks,
It’s been a rollercoaster week for Bitcoin after it unexpectedly rushed forward toward the $40,000 resistance level and over it 10 days ago. It hit a high of over $42,000 on July 30 before the price began consolidating. It’s still a far cry from the June lows of under $30,000,
After a few tough months, Bitcoin has started flying once again. For the second time this year, its price is fueled by comments by billionaire magnate and Tesla CEO Elon Musk. You probably know the story with Tesla’s Bitcoin romance so far. The company bough around $2.5 billion worth of
Bitcoin has all but erased its 2021 gains after falling below $30,000 yet again on Monday. The largest cryptocurrency by market volume experienced a massive drop amid calls for a tighter crackdown on cryptos and stablecoins. The EU has just announced plans to make crypto transfers traceable, and in the
Bulls seem largely absent from the market after Bitcoin’s price experienced yet another drop to the critical support level of $32,000. Back in June, it slipped under $30K for a moment. This was followed by another slip below the $32K mark which was seen as a negative sign by many
Things have been pretty bleak in the Bitcoin community in the past few months. The price has been in a steady decline, with only short upward outbursts that don’t really make a dent. After weeks of stalemate, Bitcoin’s price is on the rise again after endorsement from Tudor Jones and