Bitcoin has experienced wild price swings in recent days as cryptocurrency markets respond to the global economic uncertainty sparked by the coronavirus epidemic. The cryptocurrency has swung between highs of $9,000 and lows of 4,000 since the start of March, representing the most severe price volatility since the market explosion and subsequent crash in late 2017.…
The price of bitcoin has plummeted dramatically, losing 20 per cent of its value in less than an hour. The cryptocurrency crash takes bitcoin below $6,000 – its lowest value since 2019. Several other major cryptocurrencies also experienced significant losses, with bitcoin cash losing around a third of its value. Download the new Independent Premium app…
The price of bitcoin has crashed dramatically, losing more than 10 per cent of its value in the space of just a few hours. Several other cryptocurrencies also suffered heavy losses, including ether (ethereum), XRP (ripple) and bitcoin cash. The sudden drop comes after months of sustained price growth, which saw the cryptocurrency rise from…
The price of bitcoin has risen sharply and several exchanges have been overloaded after India's Supreme Court overturned a ban on cryptocurrency trading. The ruling quashed an April 2018 order by the country's central bank that prohibited banks and financial institutions from providing "any service in relation to virtual currencies". Bitcoin's value rose by around 5…
Sorry bulls. On Tuesday, the cryptocurrency market continued to trend lower. XRP had it especially tough, posting the second-worst performance in the top ten digital assets of 6%, only underperforming Tezos.While the asset is already down to $0.255, per data from CoinMarketCap — 25% lower than the ~$0.342 high seen just 10 or so days…
Wow. After days of extremely low volatility, with Bitcoin grinding higher without much downward price action, BTC suddenly dropped 4% in twenty minutes just last hour, plunging from $10,100 to $9,700 in a rapid sell-off. This move filled a CME gap formed this weekend, which is actually a more bullish sign than it is bearish.Though,…
Just minutes ago as of the time of this article’s writing, Bitcoin just hit $10,000 for the first time since November. BTC’s breaking of this key psychological and technical resistance level comes after a few days of the cryptocurrency slowly grinding higher.While the cryptocurrency has yet to make a daily or weekly close above $10,000,…
Bitcoin has been on an absolute roll over the past month, surging from $6,400 to $9,200 in a jaw-dropping fashion. Altcoins have followed suit, posting even more impressive gains as buyers have finally stepped in.Related Reading: This Reason Is Why Analysts are Worried About Ripple’s XRP Despite 35% RallyPrices have since stalled, with BTC now…
Since the day started (PST), Bitcoin has plunged, collapsing from the daily high just above $8,700 to $8,460 as of the time of writing this — a drop of just around 3%. Right now, prices are the lowest they have been in days, nearly a week with BTC failing to maintain the bullish momentum seen…
Over the past month, Bitcoin (BTC) has absolutely exploded higher. In fact, the cryptocurrency is up around 40% since the low of $6,400 put in during December of last year.While many analysts have said that this jaw-dropping rally constitutes a macro reversal that will thrust BTC back into a decisively bullish phase, some aren’t so…