Tag Archives: bitcoin price

Bitcoin has incurred another serious rise and is now trading for over $11,800.The FOMO Attitude Has Come Back to BitcoinMany analysts believe that an attitude of FOMO (or “fear of missing out”) has returned to the crypto space. With bitcoin on the rise of late, many new players are looking to get involved in the bitcoin market and play their hands, hoping to come up with a win. This is the same attitude that meandered throughout the crypto space in late 2017, when the asset was reaching its...

Is bitcoin on the verge of striking the $12,000 mark?Bitcoin Is on a Serious RollIt sure looks that way considering how high bitcoin has been moving over the past two weeks. Initially crossing the $10K mark and breaking that psychological barrier, the currency then rose past $11K, a step many people didn’t expect the digital coin to take. Now, at the time of writing, bitcoin is continuing its present ascension and is trading for $11,353, the highest it’s been in roughly one year.The previous...

Bitcoin has been experiencing some extremely bullish patterns as of late. The currency has managed to spike by roughly $2,000 in just a matter of weeks, jumping from the low $9,000 range beyond $11,100 at the time of writing.The Bitcoin Price Surge Could Easily ContinueThe currency recently rose by more than 12 percent in a single 24-hour period, marking the highest it’s been in more than six months. This represents a nice change for the world’s number one cryptocurrency by market cap, which...

The founder and chief executive of Galaxy Digital Michael Novogratz said in an interview recently that he fully expects the price of bitcoin to reach $20,000 by the end of the year. This would place the world’s number one cryptocurrency by market cap at its all-time high again, which it previously attained three years ago in 2017.Mike Novogratz: BTC Will Be at $20K Again SoonThe bitcoin price has been surging as of late. At the time of writing, bitcoin is trading for over $11,200, and...

It’s finally happened, folks. After weeks – nay, months – of waiting for bitcoin to get its act together, the world’s leading cryptocurrency by market cap has finally shot beyond the $11,000 mark.Bitcoin Has Reached New Heights for the YearIt hasn’t been easy for the currency to reach such a summit. It has tried time and time again throughout 2020, but for the most part, has seemingly come up short each time. While bitcoin has managed to jump above the $10,000 range a few times throughout the...

Gold and bitcoin appear to be surging at the same time.Gold and Bitcoin Are Heading for the TopThis has set up all kinds of questions that we haven’t really dealt with before, a big one being, “Are gold and bitcoin suddenly correlated?” As of late, the big question has been whether stocks and bitcoin are correlated, but present circumstances suggest that BTC and gold are more similar than originally thought. For all those who have called bitcoin the “digital version” of gold, the present...

Bitcoin has surged as of late, but according to many experts and analysts, now is not the time to buy.Some Analysts Say “Stay Away” from BitcoinThe sentiment is that the current jumps aren’t going to last, and that there is only a seven percent chance that the asset will again reach its all-time high of nearly $20,000 this year, according to many options markets. Gavin Smith – chief executive of crypto firm Panxora – explained in an interview:Our view for the balance of 2020 is still high...

The big news today is that bitcoin is just shy of hitting the $11,000 mark, but now that the world’s number cryptocurrency by market cap is on a fresh high, many altcoins are beginning to retrace their steps and fall to lower numbers.Altcoins Are Hitting Fresh Lows as BTC RisesAt the time of writing, several of the crypto space’s leading altcoins are up against the U.S. dollar, but down when compared with bitcoin. Ripple (XRP), for example, is the world’s third-largest cryptocurrency by...

Bitcoin has done it. The world’s number one digital currency by market cap has surged beyond the $10,000 mark and is now trading for an impressive $10,800, noting an 11 percent jump over the past week alone.Bitcoin Shoots Beyond $10,000Why, suddenly? What could cause the currency to shoot up so fast, and what is in place that would allow bitcoin to potentially keep its current price position? It’s not like bitcoin hasn’t crossed the $10K threshold throughout 2019, and yet so far, the jumps...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $9,900. About $100 more to go and bitcoin will have again struck the $10,000 mark this year.The Bitcoin Price is ExplodingIt’s hard to say whether the asset – should it hit the five-figure range – will remain above $10,000 for the rest of the year. To be perfectly fair, the jump to $10K has been relatively slow and steady this time around, and it’s taken much of last week to hit...