Tag Archives: bitcoin price

The crashing and burning of bitcoin has left the currency in the dust, and many say they’re losing confidence in the asset, along with the industry that houses it.Bitcoin Has People Questioning Its AbilitiesAt the time of writing, bitcoin has steadied itself somewhat and is trading in the mid-$5,000 range. This is a massive fall from where it was just last month, when it was trading for more than $10,300. For the most part, bitcoin has lost about $3,000 in just the last week alone.The...

It’s scary to think that bitcoin could get any worse at this point, but that’s what’s happening. There’s no beating around the bush; the world’s number one cryptocurrency by market cap is falling hard.Bitcoin Is Heading Further SouthAt the time of writing, the asset is trading in the low $5,000 range – a significant drop from the $5,800-$6,000 we were witnessing just yesterday afternoon. The currency had fallen as low as $4,100 during all this hype and hoopla surrounding the coronavirus and...

In general, the crypto market is on the wane today. Bitcoin, Ethereum, XRP and other coins are dropping. More volatility is expected. BTC price has returned to the above $5,000 levels.The crypto market is so volatile that incredible changes can occur within minutes. A prime example of such a leap is the leading digital currency. First, Bitcoin price drops to $3,637, but in just 30 minutes, it bounds back and jumps to $5,260. Such performance is accompanied by the downward movement of the...

Bitcoin price has fallen down 23% today. Alongside, the whole crypto space has been affected in a similar way as coronavirus gets declared a global pandemicBitcoin price has shed over 23% to trade below $6,000 today. With Bitcoin being the mother of all crypto assets, all other digital assets have significantly lost a similar percent. This comes after the world health organization declared coronavirus a global pandemic, which has resulted in the United States President Donald Trump banning...

As the third Bitcoin halving event approaches, interest among investors seems to dwindle as BTC followed the price action of the traditional markets failing to act as a haven asset.Everyone in the crypto world is aware that the third Bitcoin halving event will take place sometime in May. According to several analysts, it could be the needed spark that will ignite a crypto bull market. Interestingly, others also say that it will drop the token’s inflation rate lower than central banks’ 2%...

Bitcoin options market is rising, per the crypto analytics firm Skew, with a massive money inflow from institutional investors. Yesterday, the volume of crypto derivatives trading was only increasing, reaching the level of almost $200 million.Bitcoin options are receiving a major call from the investors. They started selling and buying derivatives as the market went down. Let’s see what has happened here in detail.The CME Group, Deribit, Bakkt, LedgerX, and OKEx are experiencing the money...

The drastic plunge has raised questions about Bitcoin (and other cryptos) viability as a stable asset and correlation to traditional markets. Changelly CEO Eric Benz has shared his views on this issue.In a month that is usually remembered for the dramatics it delivers on the basketball court, thanks to the coronavirus and what seems to be a developing oil war, March madness has emerged in markets across the world. The U.S. and UK stock markets posted their worst losses for a single day since...

As the markets have started to recover after the recent fall, Bitcoin price has finally managed to go beyond the level of $8,000 today.The VIX volatility index, the stock market’s main risk indicator, skyrocketed to 55 on March 9. Created by the Chicago Board Options Exchange (CBOE), the Volatility Index, or VIX, is a real-time market index that represents the market’s expectation of 30-day forward-looking volatility. But not only the traditional markets have reacted to the global situation,...

During the meeting in Vienna on Friday, Russia, Saudi Arabia and other OPEC participants were talking about the oil price and possible decrease of supply. Bitcoin price is down.Per the plan, the world economy supposes to receive a boost thanks to the collective decrease in oil production. If all the major players would shorten oil extraction, the price would rise. However, not all the countries were happy with the OPEC plan. Russia said they don’t have to make any more moves regarding the...

Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices nose-dived as a result of the global coronavirus outbreak.Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices led in the fall. XRP ranked third based on market capitalization, fell sharply on Sunday 8th to trade around $0.21 per coin. Bitcoin fell sharply to trade below $8,000 price level after hitting $9,190 on Saturday evening.The crypto market was not...