Since NewsBTC’s last market update, Bitcoin has continued to rip higher, recently hitting $6,750. With this, the cryptocurrency is up nearly 9% from the daily lows around $6,200, and up over 16% from the weekend lows at $5,800.Although not on the same magnitude, many have likened Bitcoin’s recent price action to the 25% surge seen…
Since the monthly close that transpired at the turn of the month (UTC), Bitcoin has tanked, falling 4% from the $6,500 price where it spent most of the past few hours to a low just above $6,250.The move lower began just eight minutes after the monthly candle closed, potentially suggesting that market players were intending…
In just over 120 minutes as of the time of this article’s publishing, Bitcoin’s one-month and three-month candles will close. A number of analysts have remarked that the upcoming close will be crucial for the crypto market’s directionality moving forward.Related Reading: This Key Metric Suggests the Crypto Market’s Downturn Will Be ShortlivedLevels to Watch ForAccording…
In the past 20 minutes, Bitcoin has traded above $6,500, marking a rapid 12% gain from the $5,800 bottom seen on Sunday evening (UTC).Due to this move, the BitMEX funding rate on the Bitcoin (XBT) contract surged by 990%, according to data from Joe McCann, a cryptocurrency trader and AI/cloud specialist at Microsoft. According to…
Bitcoin hasn’t done too well over the past few hours. As reported by this outlet previously, the cryptocurrency just tumbled under $6,000 just hours ago, falling under this key psychological level for the first time in a week.Related Reading: Crypto Tidbits: Bitcoin Holds $6,000s, Federal Reserve To Do “QE Infinity,” U.S. Digital Dollar ProposedThe cryptocurrency…
For the first time in just under a week, Bitcoin has tumbled under $6,000, extending Friday morning’s losses of 10%. As of the time of writing this, the cryptocurrency trades for $5,930, having hit $5,895 just minutes ago as of the time of this article’s writing.While this price action just transpired, many analysts believe it’s…
Bitcoin hasn’t performed all too well over the past 24 hours. After holding $6,700 for days on end, the cryptocurrency suddenly tanked on Friday evening, falling as low as $6,050 by the next morning, marking a decline of 10% from the daily highs.The cryptocurrency has yet to recover, remaining under $6,200 as of the time…
Over the past 24 hours, Bitcoin hasn’t performed too well. After maintaining the $6,700 support for a number of days, the cryptocurrency tanked on Friday evening in a move that shocked investors, falling as low as $6,050 by the next morning, marking a decline of 10% from the then-daily highs.Related Reading: King of the Hill:…
Over the past five hours, cryptocurrencies across the board, from Bitcoin to XRP, have not performed well. Since the daily peak at $6,700, the price of BTC has fallen as low as $6,050, a drop of 10% in a matter of a few hours. This loss has been reflected throughout the rest of the asset…
An hour ago, the price of Bitcoin suddenly faltered after days of non-action, crashing from the $6,700 base where it had traded at for much of Friday to $6,250 within a few minutes’ time. As a result, at least $20 million worth of long positions on BitMEX were liquidated, while millions more probably bit the dust…