A succession of price crashes in recent weeks means bitcoin has once again passed through a market pattern known as a “death cross”.This ominous-sounding term refers to when the cryptocurrency’s 50-day moving average crosses its 200-day moving average (see chart below), and is used by some analysts as a sign that a long-term bull market…
The price of bitcoin has crashed once again over the weekend, leading a market-wide nosedive that shows no signs of slowing down on Monday morning.Nearly $200 billion was wiped from the cryptocurrency market since Sunday, adding to a further $200bn in losses over the last week. Bitcoin was back below $33,000 at the start of…
The crypto market has dropped dramatically amid new fears over China regulation.Bitcoin fell sharply over the morning UK time, and was matched by other major cryptocurrencies.Dogecoin saw the most dramatic plunge, losing 8.5 per cent of its value over the last 24 hours. It marks the latest in a difficult week for the meme currency,…
Bitcoin dropped on Friday, disappointing the investors who had hoped that it was mounting a recovery.The price had continued to hover around $40,000, with some suggesting that it was readying for a “dead cat bounce” that could take it back comfortably above the milestone.But it dropped through Thursday evening and into Friday, with other leading…
It has been a busy month for bitcoin. The cryptocurrency has seen the biggest upgrade to its network in four years, massive institutional interest, and the first ever country to officially adopt it as legal tender.But despite all this, the market has settled into a period of relative stasis and remains in limbo.
Bitcoin continues to hover around $40,000 on Thursday morning, with some price analysts describing the latest recovery as a “dead cat bounce”.Other leading cryptocurrencies, including Ethereum (ether), Cardano (ada) and dogecoin have also stalled, having surged in value alongside bitcoin at the start of the week.Market experts appear divided over whether the bounce back was…
Bitcoin continues to hover around $40,000 on Wednesday morning, with some price analysts describing the latest recovery as a “dead cat bounce”.Other leading cryptocurrencies, including Ethereum (ether), Cardano (ada) and dogecoin have also stalled, having surged in value alongside bitcoin at the start of the week.Market experts appear divided over whether the bounce back was…
Bitcoin continues to hover around $40,000 on Wednesday morning, with some price analysts describing the latest recovery as a “dead cat bounce”.Other leading cryptocurrencies, including Ethereum (ether), Cardano (ada) and dogecoin have also stalled, having surged in value alongside bitcoin at the start of the week.Market experts appear divided over whether the bounce back was…
A tumultuous couple of months for bitcoin saw the cryptocurrency hit a new all-time high before losing more than half its value in a spectacular crash that rippled through the market.Its volatile price movements have been mirrored by other leading cryptocurrencies, including Ethereum (ether), Cardano (ada) and Binance Coin.To help make sense of this chaotic…
The bitcoin price is once again surging, pulling the rest of the crypto market up with it.Leading cryptocurrencies, including Ethereum (ether), Cardano (ada) and dogecoin were all in the green at the start of the week, pushing their combined value above $1.75 trillion for the first time since May.The turn-around was triggered by Tesla boss…