The past few hours have been rather unpleasant for bulls as the market took a swing to the lower side. More than $120 billion were wiped off the market capitalization, as bears poke their face.The latest developments in the cryptocurrency markets led to the liquidation of almost $2.3 billion worth of liquidations across both long and short positions in the past 24 hours alone.Unfortunately for bulls, it was the bears who got the upper hand in this, as 94% of all liquidations were long...
Read More »Bitcoin New ATH Set Around $62K After Gaining $15K In Just 8 Days (Weekend Watch)
Following a few consecutive days in which BTC price came just inches away from breaking its ATH of $58,400, the cryptocurrency finally did it yesterday and went on a wild spike to record a new current top at $61,800. The altcoin space also followed the bullish price trajectory and the market cap added $150 billion for a new record of its own at $1.850 trillion.Bitcoin Exploded Above $60K: Broke The Feb-21 ATHAs CryptoPotato previously reported, bitcoin came close to the previous all-time high...
Read More »Not Just MicroStrategy: The Story of a Small Pizza Business that Bought Bitcoin Worth $200K
Numerous large corporations and institutions entered the bitcoin space in the last year or so with substantial purchases worth billions of dollars in total. Keeping in mind that some of those names were giants like Tesla, MicroStrategy, Ruffer Investment, and MassMutual, it’s quite normal that they all made the news more than once.But what about the so-called little guy? Being considered as a highly-volatile and risky asset with a little over a decade-long history, BTC doesn’t sound like the...
Read More »Bitcoin Price Analysis: After Breaking ATH, Those Are The Next Possible Targets for BTC
Bitcoin set a new ATH today after surging by over 6% reaching above the $60,000 milestone. As of writing these lines, the new all-time high now lies at $60,420 according to Bitstamp.Just a week ago, Bitcoin had rebounded from support at $47,200 (.382 Fib). Initially, it struggled with resistance at $52,500 (bearish .618 Fib) but after some consolidation time, there came a breakout, which was followed by a constant increase over the past week as can be seen on the daily chart below. The peak...
Read More »30% of UK Citizens Feel They Have Missed the Bitcoin Boat: Survey
Around one-third of UK-based investors believe they have missed their chances to get on the bitcoin bandwagon on time, so they would prefer to stay out of the market entirely, showed a recent survey. Nevertheless, they believe that the first-ever cryptocurrency hasn’t halted its bull run and will continue north to $70,000 or even $140,000 this year.UK Investors Regret not Buying BTC?The research compiled by the UK think tank Parliament Street and the independent polling company Censuswide...
Read More »Bitcoin Price Just Broke $58,500 Setting New All-Time High
Less than a month after painting its previous all-time high on February 21st, Bitcoin has done it again. The cryptocurrency just surged past it and charted fresh highs. As of writing these lines, Bitcoin is trading above $59,000 according to Bitstamp.The last month was quite the roller coaster in the cryptocurrency market, and it had many people question if the bull-run had come to its end.Apparently, that’s not the case, as BTC price has been on an absolutely epic streak over the past week,...
Read More »Bitcoin Starting Weekend $1000 Away From ATH: Chiliz Now Top 20 After 650% In 7 Days (Market Watch)
Another highly volatile trading day for bitcoin as the asset briefly dipped to $55,000 and a few hours later came about 2% away from the ATH at $58,400. Most larger-cap altcoins also went through the turbulence but have calmed on a 24-hour scale, with Ethereum failing to reconquer $1,800.Update: shortly after we released this market recap, Bitcoin broke its ATH from February 21, surpassing $58,500.Bitcoin’s 24H Ups and DownsAs reported yesterday, bitcoin was on a roll as it came just 0.43%...
Read More »One Year Since the 50% Daily Bitcoin Dump: What Has Changed?
On this day, exactly one year ago, Bitcoin saw one of its worst trading sessions in history. The cryptocurrency lost around 50% of its value and tapped a low at around $3,800. That’s also true for every altcoin, as well as for the traditional financial markets.Nevertheless, it’s safe to say that the cryptocurrency market has come a long way since then. In fact, this was the absolute bottom in the cycle, and it has been up only ever since. Now, 365 days later, Bitcoin’s price is trading at...
Read More »Crypto Price Analysis & Overview March 12th: Bitcoin, Ethereum, Ripple, Cardano, and Litecoin
This week was quite exciting in the cryptocurrency market as a lot of the major coins managed to recover. Unfortunately, this wasn’t the case for all of them, so let’s have a look at some of the most interesting performers throughout the past seven days.BitcoinBitcoin is up by a powerful 15.8% over the past week as the cryptocurrency edges near the ATH price again. It started the week by rebounding from support at $47,200 (.382 Fib) and began to push higher over the weekend.The coin broke...
Read More »One Year Since the Corona Crash: Bitcoin is Now 15x ROI
It has been precisely a year since one of the worst trading days in the history of all financial markets. On March 12th, 2020, the day that became known as Black Thursday, every market was painted in dark red as the health and financial consequences of the COVID-19 pandemic became real to the entire world.While the heavily-regulated stock markets activated circuit breakers to ease the pain, no such options were available for the unregulated crypto market. As such, in a day when the S&P...
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