Tag Archives: Bitcoin Price News

Bitcoin price has gained this week but what's behind the move? | Source: ShutterstockThis week brought a small reprisal for bitcoin price and the broader cryptocurrency market as it witnessed $20 billion added to its total market cap by late Tuesday.This was also reflected by an approximate 10% gain for BTC alone; so what was behind the rise?Bitcoin price action this week | Source: TradingViewIn somewhat atypical fashion, the week started on a good note, with bitcoin swelling by $700....

In a sign of its growing maturity, bitcoin is nearing a 3-month period with a bottom at $9000. | Source: ShutterstockThe bitcoin price has held above $9,000 for a record 81 days, a feat it couldn’t manage even during the monster bull run of 2017. Although BTC remains around 50% below its all-time high, the price is arguably stronger and more resilient than ever as it consolidates around $10,000.The bitcoin price has held above $9,000 for 81 days, longer than the epic bitcoin 'bubble' of...

Tuesday's bitcoin price surge launched BTC as high as $10,750 on Bitstamp, decimating $68 million worth of shorts in the process. | Source: ShutterstockBitcoin (BTC) is back in positive territory today. Yesterday’s surge of nearly 8% on Bitstamp saw BTC shoot back past $10,000 and then briefly clip the $10,750 mark on Tuesday.Most of the cryptocurrency market followed, with only a handful of altcoins in the red.Bitcoin Price Booms Amid Mammoth Short SqueezeThe bitcoin price clipped the...

The bitcoin price increased from $9,766 to $10,500 as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent. | Source: ShutterstockThe bitcoin price increased from $9,766 to $10,500 in the past 24 hours as its dominance over altcoins and the rest of the cryptocurrency market hit 70 percent.Prior to the minor rally, technical analysts and cryptocurrency traders including Josh Rager and Flood suggested that bitcoin could move below $9,000 to test lower levels if...

A bitcoin price premium has developed in Argentina as the government imposed currency controls in a bid to support the peso. | Source: ShutterstockArgentina’s decision to impose currency controls has had a bullish effect on bitcoin in the South American country. With demand rising for the cryptocurrency, a bitcoin price premium has subsequently developed. The premium in Argentina now ranges between tens and hundreds of dollars.While the bitcoin price ranges between $9,887 and $9,905 on major...