Tag Archives: bitcoin price

Bitcoin has taken another nasty fall. At the time of writing, the world’s number one cryptocurrency by market cap has dropped into the $10,000 range. It is currently trading at around $10,800 and has dropped below $11K for the first time in several weeks.Bitcoin Is Falling FastAs it turns out, the U.S. dollar has begun to recuperate. After months of suffering due to the expanding coronavirus pandemic, the national fiat currency of America and several other countries is beginning to show...

Earlier today, Live Bitcoin News reported that bitcoin had suffered a major setback and ultimately fell below $12,000 and back into the $11,400 range. Now, we’re learning that it may have had to do with the seizure of Bithumb, a popular cryptocurrency trading platform based in South Korea.Bithumb Is Now in the Hands of Korean OfficialsBithumb has been seized by law enforcement officials after it was allegedly discovered that executives were selling BXA tokens – the official tokens of the...

Well, this is getting annoying, isn’t it? Bitcoin just can’t seem to make up its mind about where it wants to be. After jumping past the $12,000 mark just yesterday, the currency has now shrunk back to $11,400. That’s a 600 drop in just one day. Why can’t this coin decide it wants more out of life? What is it afraid of?Why Can’t Bitcoin Just Stay High?$12,000 is clearly proving itself to be the resistance level of the year at this point. The currency has crossed the threshold a few times only...

After all the worry and concern that has been meandering throughout the space, bitcoin has again crossed the $12,000 threshold for the second time in just weeks.It’s $12K All Over Again for BitcoinThe last time bitcoin hit this figure was in the middle of August. Sadly, the price switch didn’t last. It rose all the way to $12,400, but bitcoin was not able to keep up the momentum and fell back into the low $11,000 range a few days later. It’s relatively impossible to assume what will happen...

Bitcoin has stumbled again. At the time of writing, the world’s largest digital currency by market cap has fallen into the low $11,300 range, marking a $400 drop from where it stood just 24 hours ago.Bitcoin Wallets Are Consistently Getting DownloadedAnd yet according to recent wallet data, the asset may still be in the early stages of a bull market. According to some of the world’s biggest digital wallets – including Coinbase, Blockchain wallet, Crypto.com and BRD – the number of downloads...

Today, bitcoin is trading for roughly $11,700. This is slightly above where it was just 24 hours ago, but the big question that’s likely on the mind of virtually every crypto trader out there is, “When is $12K going to show up again?”Is Bitcoin Planning to Move Up Anytime Soon?Not too long ago, the world’s number one cryptocurrency by market cap rose all the way to $12,400 in what was easily the biggest spike the asset had seen in well over a year. However, the surge didn’t last long, which...

Grayscale Investments has announced that the price of bitcoin could potentially explode in the coming months given how much bitcoin is mimicking its 2016 behavior.Grayscale: Expect Bitcoin to Be More BullishIn a recent report, the institutional crypto trading platform writes:The current bitcoin market structure parallels that of early 2016 before [bitcoin] began its historic bull run. Amidst unprecedented monetary and fiscal stimulus, investors are searching for ways to protect against an...

Could bitcoin potentially reach a price of $340,000?The Power and Strength of the Bitcoin PriceThis appears to be the sentiment amongst certain analysts and charting platforms granted bitcoin decides to play all its cards right. Should the currency imitate its 2016 halving behavior, there is a slim chance that it could spike to this range and beyond.As we all remember, bitcoin’s second official halving occurred during the summer of 2016. While not much happened at first, bitcoin’s price...

Recently, bitcoin – the world’s number one cryptocurrency – rose beyond the $12,000 mark all the way to $12,400. This was huge news for every trader, big and small, though at the time of writing, things have shrunk back a little bit for everybody’s favorite digital currency.Bitcoin Has Taken a FallAs it stands, bitcoin is now trading for just over $11,800. While this isn’t as bad as where it stood yesterday ($11,600), things still aren’t quite where they were, and many analysts and industry...

According to one analyst, bitcoin could potentially reach a price of more than $17,000 by the end of the year.Bitcoin Hitting $17K? Chances Are Pretty GoodIn a tweet, Cane Island Alternative Advisors’ Timothy Peterson explained:Odds of bitcoin reaching $17,000 any time during the remainder of the year are about 30 percent.The only problem is that the asset would have to shoot beyond the $12,000 mark for it to reach the said price. If this doesn’t happen, we can’t expect the currency to move...