Tag Archives: bitcoin price

The bitcoin crash that occurred roughly 24 hours ago has caused Coinbase – a popular cryptocurrency exchange – to experience a brief period of inactivity before finally restoring its services later in the day.Coinbase Crashes for the Second Time in WeeksThis marks the second time the trading platform has crashed in the last two weeks. The first occurred when bitcoin first rose into the high $9,000 range and gained virtually $1,000 overnight. At that time, the exchange was experiencing such...

Following the brief jump bitcoin made into $10,000 territory during yesterday’s early morning hours, the entire crypto market swelled like enthusiasts wouldn’t believe, with the overall market cap surging by more than $13 billion in a single day.Bitcoin Is Jumping Towards Much Greener TerritoryThe price was first noticed on exchanges in Singapore and other parts of Asia. Over the next few hours, digital trading platforms in New York, for example, would list bitcoin at about $9,890, and the...

Bitcoin is currently trading in the $9,900 range, though it did hit $10,000 briefly during yesterday’s early morning hours, suggesting that for a brief period, the world’s number one cryptocurrency by market cap managed to regain all its losses of the past three months.Bitcoin Is On the Verge of Striking It BigBitcoin has been on a serious roller coaster ride since late February. At that time, the currency was trading for well above $10K, though by the time early March rolled in, the asset...

Bitcoin is doing extremely well at press time, but many analysts are warning traders not to get too comfy just yet.We Need to Keep an Eye On BitcoinAs we all know perfectly well by now, bitcoin has proven to be one of the world’s most volatile assets. It can spike to unprecedented levels just as quickly and easily as it can drop. We’re witnessing this behavior all over again as of late. The currency – after falling into the high $3,000 range just under two months ago – is now trading at...

Bitcoin has been on a serious roll this month. It just struck the $9,000 mark for the third time over the past few weeks, and it’s now trading beyond $9,500.Bitcoin is the Finance World’s Head HonchoAccording to a new report, bitcoin has outperformed most other assets, including gold and stocks. This is extra special news considering gold is often considered a “safe haven” asset. In times of economic strife, gold is known to remain as it is when it comes to price, and should it ever fall,...

Analysts are going crazy thinking about what May 12’s bitcoin halving will bring to the table. Another bunch of analysts have rung in with crazy predictions, and some believe the currency will extend beyond the all-time high it reached in late 2017.The Halving Will Take BTC to New LevelsThree years ago, bitcoin was on a rally unlike anything traders had ever seen. Each month brought on new gains of hundreds to thousands of dollars, and by the end of the year, the currency was trading for...

Uh oh. Is Tether behind bitcoin’s latest surge?Tether Is At It AgainOver the years, rumors have swelled that Tether has been tied to bitcoin as a way of boosting its price. University of Texas finance professor John Griffin has put out reports in the past suggesting that the 2017 bitcoin burst we all witnessed was actually caused by traders using Tether – a controversial stable currency – to purchase bitcoin whenever it’s price went down.Stable coins are those supported by fiat currencies,...

Bitcoin rose more than 15 percent in one day. The behavior, while very much welcome, is also quite odd, and many analysts are wondering what could have caused the world’s number one digital currency by market cap to experience such a massive surge so quickly.Bitcoin Is Back in Bullish HandsWhile the asset is presently trading for as a much as $8,800 – a price that is certainly solid in most traders’ eyes considering just 1.5 months ago, the currency was trading in the high $3,000 range –...

Bitcoin is currently trading for over $8,800, but during yesterday’s early morning hours, the currency ultimately spiked beyond $9,000 for the first time in well over two months. Now that bitcoin has fallen somewhat, analysts are trying to figure out what may have happened.Bitcoin Has Taken a FallThe sentiment is that a massive selloff occurred once bitcoin reached this point. It’s an unfortunate fact to consider; the idea that bitcoin gains a bit of momentum and all anybody can think to do...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is continuing its bullish behavior and getting even closer to the $10,000 mark it enjoyed last February. At press time, the asset is trading for a whopping $8,850, though it briefly sailed past the $9,000 mark early yesterday morning.Bitcoin Is Getting Bigger and BiggerThe currency is setting new boundaries for itself after the U.S. has agreed to several new aid packages for both workers and businesses...