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Tag Archives: bitcoin price

Bitcoin Has Fallen By Another $200

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has fallen an additional $200 and is now trading for just over $6,000.Bitcoin Has Dropped Another $200This means the currency has lost about $700 in just a few days. At the end of last week, the asset had reached a solid price of about $6,700 – a nice throwback to where it had been before all this crazy coronavirus panic. While this was still more than $3,000 less than its February high point, bitcoin...

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Changpeng Zhao: BTC Will Soon Hit $100K

Changpeng Zhao – the CEO of Binance, arguably the largest and most popular cryptocurrency trading platform in the world – has joined the ranks of Ross Ulbricht, Charles Hoskinson and Tim Draper to claim that bitcoin will soon break the six-figure mark.Changpeng Zhao Thinks BTC Will Go All the WayMany analysts seem to have predicted that bitcoin, the world’s number one cryptocurrency by market cap, will reach $100,000 or more. Both Ross Ulbricht – the runner and founder of dark web marketplace...

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Bitcoin Price Managed to Cross $6,700 but Is Below Again, BTC Halving 47 Days Away

Bitcoin price has managed to go above 6,700 again, with the market data showing that the first cryptocurrency is ready to take off. Halving will happen roughly on 13 May 2020. Traders accumulate BTC.The Glassnode data shows that BTC holders are sending their coins away from the exchanges and even the custodial services. Per the stats, Bitcoin price may be in the accumulation stage. After it ends, the bull run is imminent. Since March 18, the major exchanges were losing tons of...

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Bitcoin Price Seems to Be Ready to Stabilize, BTC Is Trading Over $6,600 Today

On Thursday, March 26th, the volatility in the BTC remains high. However, today the prices for the leading cryptocurrency are declining slightly, generally trading at $6645, while yesterday’s peak was $8350.BTC price todayQE in the USA is good for the BTCBitcoin price “will be okay” – Novogratz and PompilianoOn W1, Bitcoin demonstrates a significant pullback after a drastic decline. The market is still declining, and the nearest aim of the main trend is the fractal low of $3121.90 USD. The...

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Bank of China Disqualifies Claims that Bitcoin Can Be Safe Haven

The Bank of China went to the WeChat platform to highlight its concerns about Bitcoin. In a long post titled “3.15 protection of financial consumption rights and interest”, the bank warns the public on the risks of investing in Bitcoin.In a series of posts on WeChat, the Bank of China vehemently disqualified claims that Bitcoin can be classified as a safe haven, due to its high volatility especially in this period of coronavirus outbreak. The post which was titled, ‘3.15 protection of...

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Upcoming Bitcoin Halving Is 51 Days from Now and Could Save Crashing Crypto Market

All eyes are on Bitcoin halving scheduled in mid-May 2020 to retrieve the lost glory of Bitcoin. Amid the COVID-19 outbreak, Bitcoin price has corrected over 40% in just the last month.The COVID-19 pandemic has severely hit not only the traditional markets but also the cryptocurrency markets. The overall cryptocurrency market has corrected nearly 40% in just the last month. The world’s largest cryptocurrency Bitcoin has also corrected 40% during the same period. This market crash has wiped...

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Bitcoin Price Under $6,000 Despite Increased Interest in Purchasing BTC on Google, Baidu

Bitcoin price experienced a slight fall under $6,000, despite the fact that people started to look more into what is going on in the sphere. The peak of searches comes on the 13 March, when BTC had one of the scariest falls in the last months.Baidu is the largest search engine in China. They are aiming at competing with Google in the Asia Pacific region. Per the stats from a Chinese report showcased by Cointelegraph, Chinese people are looking into what is Bitcoin. The search request on Baidu...

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Bitcoin Price Down 12% Since New Year to Date, While S&P 500 Down 28.5%

Bitcoin price is down 12.5%, S&P 500, Nasdaq indexes as well as companies like Berkhire Hathway has also lost significantly since the beginning of the year. Oil war adds fire to the financial crash party.Since the year beginning, the halving hype was striking the news. Many of the industry experts issued predictions of a sharp price increase. However, even despite the halving that will make Bitcoin more scarce, coronavirus is drowning the markets. Bitcoin has gained a lot, yet lost -12.5%...

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Bitcoin Will Recover But It May Take Months, Fundstrat Expert Says

The crypto market played out well on March 19-20 amid the market crash, with Bitcoin (BTC) surging by almost 15% to climb back above $6,500.Fundstrat Global Advisors LLC gave a thorough analysis of the most famous cryptocurrency saying it may need few months for Bitcoin to completely recover. If you were watching the Bitcoin movement in the last few days, you probably wondered why Bitcoin acted as if it were just another currency, tumbling down in comparison to the greenback. Let’s try to...

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Bitcoin Price Above $6,700 as Cryptocurrencies Rise $23.8 Billion in 24 Hours

Bitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. Major cryptocurrencies like XRP and ETH have followed the rally, as the market cap has risen by $23.8 billion in 24 hours.The crypto community can afford a smile, after days of market price free fall. Led by the mother coin Bitcoin, the cryptocurrencies rose by nearly 20% in 24 hours, rejuvenating the lost hope. At the time of writing, Bitcoin was trading slightly above $6,700,...

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