Bitcoin is gawking at extended losses only hours after it established a new yearly high at $10,500.The benchmark cryptocurrency on Thursday plunged by 3.86 percent to circa $10,094, according to US exchange Coinbase. The crash took bitcoin’s spot rate down by more than $400 within just three hours, showing fresh signs of buyers’ exhaustion in…
Bitcoin extended its rise towards the $10,500 resistance area against the US Dollar. BTC is now showing signs of exhaustion and it could dip a few points before continuing higher.Bitcoin price is struggling to gain momentum above $10,400 and $10,450 against the US Dollar.The price traded to a new 2020 high at $10,492 and it…
Bitcoin has seen an insane uptrend throughout 2020, with its momentum reaching a fever pitch after BTC broke above $10,000 this past weekend. In the time since breaking this critical level, BTC has begun stabilizing, giving other cryptocurrencies the chance to incur some massive rallies.In the near-term, despite the overt bullishness of the aggregated crypto…
In recent weeks, the one factor that prevented analysts from considering a new bull run was starting across cryptocurrency assets like Bitcoin and Ethereum, was a lack of new money entering the market.However, a premium on Ethereum prices on Coinbase suggests that fiat inflow has begun pouring into the exchange, and could cause an explosive…
In case you missed, the crypto asset industry is getting remarkably bullish once again. With the price of Bitcoin crossing the psychologically important $10,000 mark twice in less than a week, many observers are bracing themselves for higher prices.Amongst those optimistic for the future of Bitcoin are the five panellists appearing on CNBC’s “Fast Money”…
Bitcoin reached its highest level this year on Wednesday after it breached above its psychological resistance of $10,000.The cryptocurrency settled a fresh year-to-date high of circa $10,483, bringing its net yearly gains up by 46.91 percent. The move uphill came as investors pacified their nerves over the coronavirus epidemic that has killed more than 1,000…
Over the past day, Bitcoin has done extremely well; case in point: per data from CoinMarketCap, the price of the leading cryptocurrency has surged 5% higher to $10,300 over the past 24 hours, reaching as high as $10,500 on the back of an influx of buying pressure.While some are fearful that the steep uptrend BTC…
Bitcoin price revered losses and climbed to a new 2020 high at $10,406 against the US Dollar. BTC is now eyeing another bullish wave above $10,500 in the near term.Bitcoin is gaining bullish momentum above the $10,000 and $10,200 resistance levels against the US Dollar.The price is likely to continue higher above $10,400 and $10,500…
Bitcoin saw a massive movement today that led the cryptocurrency to reclaim its position within the coveted five-figure price region, with the latest rally allowing BTC to set fresh 2020 highs at $10,400.One byproduct of this rally has been an explosive surge in search volumes for the phrase “buy Bitcoin,” which is an indicator that…
Over the past few days, Bitcoin has been subject to heavy volatility.After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier this week, falling from $10,200 to $9,700 in a matter of minutes. After settling around $9,750, the price of Bitcoin jumped by 4% today, rallying as Bitfinex began enacting a scheduled maintenance…