Tag Archives: Bitcoin (BTC) Price

Following last evening’s run-up to around $24,300, today the markets are deep in the red. Bitcoin dipped below $22,700, charting a decrease of about 3.5% on the day, while altcoins crash even harder.This downturn coincides with a market-wide pullback in traditional finance as major European indices tumble while US index futures are also down in the pre-market hours.Bitcoin Price Loses $1,400 in Hours, Market FollowsYesterday was a good day for Bitcoin as the price for the cryptocurrency...

Analysts from the US multinational investment bank JPMorgan Chase & Co have doubled-down on their belief that institutional inflows towards bitcoin are crucial for the asset’s price. They warned that if their purchases decline, the cryptocurrency could head towards a violent correction.JPMorgan Confirms: Institutions Are Key For BitcoinWhile most financial assets have suffered through this challenging year, bitcoin’s performance has contrasted substantially with a surge of more than 220%...

Bitcoin’s weekend ended with high volatility again with a new all-time high of $24,300 and a subsequent violent rejection to $23,100. Most alternative coins have stalled in the past 24 hours, except Bitcoin Cash – it has skyrocketed by 15% to its highest level since February.Bitcoin’s New ATH And Sharp DumpThe past several days have been wildly bullish for the primary cryptocurrency. After finally breaking above the coveted $20,000 price tag, BTC continued forwards and charted a few...

Despite briefly crashing to beneath $4,000 during the mid-March liquidity crisis, bitcoin has been on a tear through 2020. The last quarter of the year has turned out to be exceptionally bullish for the cryptocurrency as it more than doubled in value, broke the coveted $20,000 level, and painted a new all-time high slightly above $24,000.Being adopted from institutions, celebrated investors, and regarded by mass media as an alternative to gold, the primary cryptocurrency has become one of the...

Yesterday, bitcoin’s price set another all-time high, this time at $24,200 (Bitstamp). Nine days ago, the daily low was $17,565. Since hitting that level, the primary cryptocurrency had gone through a fantastic journey of eight consecutive daily green candles.This is the longest period of consecutive daily green candles since June 2019’s bull run (8 candles). If today’s candle will close above $23,840, though a green candle, this will become the longest period since October 2013.Back then,...

Following another consecutive all-time high, this time above $24,000, bitcoin retraced to about $23,500. Some large-cap altcoins such as Binance Coin and Litecoin have doubled-down on their recent gains, with BNB nearing $35 and LTC painting a new yearly high of over $120.BTC’s New ATH And The Subsequent RetracementAfter the highly volatile bullish week that resulted in breaking above $20,000 and a new all-time high of nearly $24,000, bitcoin took a little break, showing signs of...

Bitcoin doesn’t seem to have any intentions of slowing down. After it breached the coveted $20,000 mark earlier this week, the primary cryptocurrency is on its way up, charting new highs almost daily.Bitcoin’s price just surged past $24,000 for the first time in history. With a current daily high of $24,217 on Bitstamp, this is also the new all-time high of the cryptocurrency.With this, BTC returns to price discovery and high volatility in the following hours or even days is perhaps to be...

COVID-19 and bitcoin’s face-melting rally above $20,000 are undoubtedly amongst the major events in 2020. And as it happens, the former has played a greatly significant role in the latter’s occurrence. Which, in turn, has clarified one thing. The 2017 rally was a result of retail FOMO and hysteria, while the ongoing 2020 bitcoin run is much more solid (due to institutional involvement). And could continue well into 2021.But with current BTC prices trending above $23,000, what’s the future...

Bitcoin’s highly-volatile days continued with wild moves of almost $1,000 that took it from $23,300 to $22,400 and vice versa. Most large-cap altcoins have remained relatively calm, with Ethereum trading mostly around $650. Binance Coin, though, has increased by 5% and finally trading above $30.Bitcoin’s Price Sideways ActionAs reported recently, bitcoin initiated a massive bull-run following consolidation around $19,000 for a few days that resulted in breaking into uncharted territory above...

This was the week the entire cryptocurrency community has been waiting for. Bitcoin finally broke $20,000, setting a fresh new all-time high. But it was far from being done yet.After breaching the coveted $20,000 mark, BTC went on a rampage, taking down one target after another. Before the run was finally calmed down, the primary cryptocurrency had taken for the sky and reached its current all-time high at around $23,800.However, this also drove a lot of fresh capital to the entire market....