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Tag Archives: bitcoin price

Bitcoin Is Dropping, but This May Not Be a Bad Thing

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...

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Bitcoin Stumbles Again; A Rocky Start to 2022

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...

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2022 Has Arrived! Will It Be a Good Year for Bitcoin?

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...

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The Biggest Bitcoin Price News of 2021

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...

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Eswar Prasad Is No Bitcoin Fan

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...

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Bitcoin Crashes, Falls By 17% in One Day

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...

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Many Analysts Think Bitcoin Could Strike $100K Soon

With bitcoin and so many other mainstream cryptocurrencies hitting new all-time highs, many analysts and industry experts believe that the world’s number one digital currency is going to hit $100,000 much sooner than originally anticipated. Bitcoin Is Exploding in the Eyes of Many Analysts The volatility the currency has been experiencing as of late is nothing new, they say. Recently, after hitting $68,000 per unit, the asset began a series of slight falls that at press...

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Bitcoin at $68,000 – It’s Highest Peak to Date!

Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...

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JPMorgan Is Confident Bitcoin Will Reach a Price of $146K

In a new report, analysts at JPMorgan state that bitcoin has the potential to reach a whopping $146,000 per unit rather soon. JPMorgan Thinks BTC Is Heading to the Moon There have been several predictions as of late that bitcoin will potentially reach six figures in the coming months, but JPMorgan – which at times, has been rather bearish when it comes to bitcoin – is releasing one of the biggest predictions, though there are a couple of things that need to be taken note...

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Graham Jenkin: 2022 Will Be the Year of the $100K BTC

Graham Jenkin – the CEO of Coin List – claimed in a recent interview that he could easily see bitcoin reaching six figures – approximately $100,000 – by the time 2022 is ready to begin. Graham Jenkin: We’ll See the Six-Figure Bitcoin in 2022 No doubt 2021 has been one of the craziest and most up-and-down years for the world’s number one digital currency by market cap. The asset began the year in the mid-$20,000 range, which was already considerably higher than it had...

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