Tag Archives: Bitcoin (BTC) Price

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...

Following the massive surge towards a new all-time high of nearly $24,000, bitcoin dipped and calmed around $23,000. Some alternative coins, such as Litecoin and Ripple, have added value in the past day resulting in the total market cap tapping $670 billion.Bitcoin Paints A New ATH And Slides To $23KBitcoin consolidated around the $19,000 mark for a few days before initiating an impressive leg up that resulted in breaking a few records.Initially, the primary cryptocurrency breached above...

With bitcoin marching to new all-time highs and dragging most alternative coins higher as well, the assets under management for the leading crypto manager Grayscale jumped to nearly $14 billion. This is a 7-fold increase for the company whose managing director categorized 2020 as the “coming of age story for the asset class.”Bitcoin Breaking Above $20K Is Not SurprisingAs reported earlier today, the primary cryptocurrency went on a tear that resulted in reaching almost $24,000. With its...

Bitcoin’s price has left everyone in shock today. Not only has the leading crypto broken the psychological $20,000 mark in the last 24 hours, but also the $21K, $22K, and $23K levels in rapid succession too.Over $71 billion has entered the global crypto market during this historical movement, pushing the weekly increase in worldwide crypto investment up to $119 billion.The dramatic surge in price has wiped out over 474 short positions on BitMEX worth a combined $131.4 million. This will have...

With Bitcoin clocking $21,000 for the first time in history, one Wall Street investor is saying the top-ranked crypto by market capitalization should be worth a lot more.Bitcoin at $400,000, Says Guggenheim’s CIOIn a phone interview with Bloomberg TV on Wednesday (Dec. 15), Scott Minerd, chief investment officer at Guggenheim, said Bitcoin should be worth 20x its current market price.“Our fundamental work shows that bitcoin should be worth about $400k. We are going to, even if we have the...

Bitcoin shows no signs of slowing down as the cryptocurrency market continues to expand. Over the past day alone, the total capitalization has surged by more than $50 billion and now stands above the $600 billion mark.Bitcoin Price Surges Above $21,000Earlier today, as CryptoPotato reported, BTC finally managed to break above the coveted $20,000 level for the first time in history, hence charting a new all-time high.To say that everyone expected what followed next, however, would be an...

Bitcoin price has just surged by $1,300 in the last few hours, taking it $780 beyond the previous all-time high of $19,990. This is the highest price Bitcoin has ever been across all exchange platforms and has happened just as the American trading session got underway.In the last analysis, we predicted that the prior drop in volatility could have been a sign of an early accumulation before a new big move, and it turns out this was exactly what was happening.$24 billion has flooded into the...

The cryptocurrency market, once again, took everyone by a storm, with Bitcoin finally making the move that everyone was eager for.The cryptocurrency broke above $20,000 and is even pushing further ahead. This has led to massive liquidations of short positions, the total number of which is almost $400 million in the past hour alone.More Than $500 Million of Short Positions Liquidated in an HourTrading is a zero-sum game. This means that for some traders to be profitable, others need to lose,...

The long wait is over. Bitcoin has finally managed to peak above the coveted $20,000 and setting a brand new all-time high. Apart from a brief period back in 2017 on one particular exchange, the coin hasn’t traded above this level throughout its history.Bitcoin Jumps Above $20,000 Setting New ATHTo say that the last couple of months have been exciting for Bitcoin aficionados would be an understatement. The primary cryptocurrency went on a streak, increasing tremendously, dragging the entire...

Bitcoin price has been oscillating within a narrow $450 range for the past 3 days now as bulls struggle to break over the 0.5 Fibonacci Extension level at $19,480. This area between $19,044 and $19,480 is the same spot that BTC was stuck inside of during December 5 – 8, right before prices tanked by $1,560.According to Bitcoin’s volatility chart (BVOL24H), the leading crypto has fallen by almost 43% since December 9th, and the global crypto market capital has also started pushing sideways....