Tag Archives: BTCGBP

It’s perhaps safe to say that the past two hours have been some of the craziest on the cryptocurrency market for the past few years.The total cryptocurrency market cap surged to more than $900 billion, only to lose around $70 billion in an instant.ETH Lost Almost $300 In Two HoursThere’s no doubt that the center of attention over the past couple of days is Ethereum. ETH went on a rampage yesterday, claiming major resistance levels on the way up. It managed to surge to a high of $1,173 on...

Founder and chief economist at Rosenberg Research, David Rosenberg, has doubled-down on his narrative that bitcoin, similarly to the stock markets, is in a massive bubble. He warned that another bear market could emerge, similarly to what transpired following the previous bitcoin bull run in 2017.Bitcoin Is In A Bubble: RosenbergIn a recent CNBC interview, the former top North American economist at Merrill Lynch said that he’s avoiding getting into bitcoin, especially after its impressive run...

Popular on-chain analyst Willy Woo believes that bitcoin’s latest rally is here to stay as the asset will not drop beneath $20,000 again.At the same time, more data comparing BTC’s behavior in previous rallies concluded that retail investors have not arrived yet but the cryptocurrency may already be in a liquidity crisis.Bitcoin Won’t Go Down Below $20K?It’s safe to say that bitcoin has been on a roll since Q4 2020. The primary cryptocurrency dabbled with the $10,000 level in late September...

The BTC ongoing bull run is still intact as the primary cryptocurrency records an unbelievable 75% price explosion over the past month alone.During the past 24 hours, the Bitcoin price saw another 6% increase and is currently trading around $33,500. Like the past days, Bitcoin recorded another fresh all-time at $34,810 (Coinbase price).As mentioned here yesterday, BTC went extremely parabolic after breaking above the upper boundary of a 3-week long ascending price channel.Despite the...

In yet another leg up, Bitcoin recorded a brand new all-time high just shy of $35,000. While this may have seemed surprising a few weeks back, at this point, most are somewhat used to it. The cryptocurrency is charting consecutive highs daily, and it shows no signs of slowing down.The spike may bring some 2017 flashbacks when Bitcoin was going up with no apparent limits, only to plummet nearly 70% the following year. And considering we’re already in a new year after a super bullish December...

Bitcoin celebrates its 12th birthday by breaking down another milestone at $34,000 and yet another all-time high of $34,800. As some alternative coins have followed BTC’s move upwards, including ETH surpassing the $800 level, the total market cap has also reached a new record.Bitcoin’s Latest ATH Eyes $35KIf the ending of 2020 seemed impressive with several consecutive all-time highs, bitcoin’s new year so far is kicking it out of the park. The primary cryptocurrency has broken down barriers...

The Bitcoin price surged by over $3300 today, which is a new record, as of writing these lines. The solid 13% daily rise had brought BTC beyond $30,000 to reach a new ATH at $33,333 (according to Bitstamp).Over the past week, Bitcoin managed to increase by a robust 32%, which also marked a new ATH for Bitcoin’s market cap – over $600 billion, as well as the total crypto market cap, which recorded currently hovers around $856 billion, with Bitcoin dominating 71% of it.A quick recap of the past...

Shortly after bitcoin broke above its 2017 all-time high of $20,000, most of the cryptocurrencies followed with serious gains. Earlier today, the cumulative market capitalization of all digital assets overcame the previous high by surging north of $836 billion.According to data from one of the leading cryptocurrency monitoring resources, CoinMarketCap, the market cap reached somewhere around $834 billion during the parabolic price increase in 2017/2018.However, the recent bull run within the...

Bitcoin went through another considerable increase in the past hour, breaking through the major psychological level of $30,000 for the first time in history. The cryptocurrency set a new all-time high as bearish traders are left in despair with millions of liquidations in just an hour.$120 Million Short Positions Liquidated Across the BoardThe last hour saw bearish traders in despair. Over $130 million worth of short positions were liquidated in the last hour alone as BTC broke above $30K.Of...

Two days after the start of the new year, Bitcoin has taken for the skies, yet again. The cryptocurrency poked above a major level at $30,000.The price for Bitcoin marked another leg up, two days into the new year. Moments ago, it touched a high of $30,665 on the popular EU-based cryptocurrency exchange Bitstamp.The cryptocurrency now trades around $30,460 for a daily increase of about 3%.BTC/USD. Source: TradingViewIn the past seven days alone, bitcoin’s price has increased by more than...