Tag Archives: bitcoin price

It has been a rough start in the new year for bitcoin. The world’s leading digital currency by market cap has lost approximately $30,000 from its price in just the past 2.5 months alone, and yet there are many analysts out there claiming that buying more may be the right move to make. Bitcoin Investors Shouldn’t Give Up If you had purchased $1,000 in bitcoin early in the year, it is estimated that you would only have about $800 left right now. With such a loss, one would...

The price of bitcoin has taken another large stumble. So much so that the world’s number one digital currency by market cap has fallen below $40,000. At the time of writing, bitcoin has fallen to a price of roughly $38,000 per unit, and now Huobi – one of the world’s largest and most important crypto exchanges – sees bitcoin experiencing a bear year in 2022. Huobi Predicts a Rough Year for Bitcoin Bitcoin has been falling into oblivion since last November. The currency...

2022 was supposed to be the year in which bitcoin reached the six-figure mark. Many analysts believed that by the end of the year, $100,000 would be achievable for the world’s number one digital currency by market cap. However, given the recent bearish trends bitcoin has been following, a poll released by financial giant JPMorgan suggests that many people are changing their minds. JPMorgan Poll Shows Fewer and Fewer People Believing in the Power of BTC 2021 was arguably...

Bitcoin – the world’s number one digital currency by market cap – briefly fell below the $40,000 mark for the first time in several months. At press time, the asset has risen back to about $41,000 per unit, though the news – for some analysts – suggests that the year is going to be rocky for the virtual coin. Is Bitcoin Feeling Okay? Overall, bitcoin has gotten off to a shaky start in 2022. What was supposed to be a year – according to many industry experts – in which...

Bitcoin continues to fall. At the time of writing, the world’s number one digital asset has fallen below the $42,000 range, meaning it’s at its lowest point in months, and yet, according to some sources, this may not be a bad thing. Bitcoin Has Dropped, but There’s a Possible Good Side to This While at first, it’s perfectly natural to get completely concerned about the price of bitcoin and the direction the currency seems to be taking, it has been stated that a drop like...

It’s 2022 and bitcoin is not starting the new year off well. The currency – which was recently trading for as much as $51,000 per unit just last week – has fallen to about $47,000 at press time. That’s $4,000 off its price in a rather limited period, and many are wondering if this is an ugly sign of things to come. Bitcoin Enters 2022 a Little Shaky Bitcoin is performing worse than it has in the past seven months, according to many analysts. The currency has fallen by...

What does 2022 have in store for bitcoin? While it’s impossible to assume what may or may not happen, there are a few patterns that have occurred in the currency’s short history that could give us some clues as to what we can expect from the world’s number one digital asset over the next 12 months. Bitcoin Has Had a Solid 12 Months Bitcoin had a big year in 2021. There is no doubt about that. Between the currency’s rising price and regions like El Salvador declaring it...

As mentioned in an earlier article today, bitcoin had a big year in 2021. The asset itself and several other forms of cryptocurrency experienced many major developments and there were a lot of things revolving around the world of crypto throughout the past 12 months. How Was the Bitcoin Price Throughout the Year? But those were specific stories. It’s now time to look at bitcoin’s actual price movements throughout the year to see what patterns its followed and to better...

Bitcoin has come a long way in a relatively short period, but for some, the world’s number one digital currency by market cap has no place in the future of finance. They are convinced the currency will not last much longer. That’s a direct quote from Eswar Prasad, the senior professor of international trade policy at Cornell University. Eswar Prasad Thinks Bitcoin Doesn’t Have Much Going for It Bitcoin first emerged through a whitepaper that was published in the year...

Bitcoin has endured a terrible plunge. The world’s number one digital currency by market cap – which was trading in the mid-$50,000 range over the past few days – has dropped dramatically and at the time of writing, is selling for just over $49,000, constituting a slip of approximately 17 percent. Bitcoin Has Crashed Again The drop occurred over a 24-hour period, spanning from around Friday morning to early Saturday. The currency has also caused other digital assets to...