Tag Archives: btcusd

Bitcoin halving is one of the major reasons for volatility increase before May 2020. Miners increased their effors in mining Bitcoin. But during a coronavirus attack, it may be difficult to resist the temptation and sell coins to buy masks and disinfectors.After Bitcoin price reached $10,000 last week, it hasn’t been moving back and traders are wondering what happens next. Next Bitcoin halving and coronavirus fears force worldwide crypto communities to protect their family from both the...

The FED interest rate will receive a cut-off despite the fact that Jerome H. Powell was previously against that. Donald Trump and Steven Mnuchin send the words of support. The U.S. is full of coronavirus fears.Due to the coronavirus attack, the U.S. Federal Reserve (FED) decides to take 50 basis points off the interest rate. After the news, Bitcoin price went up, later showing again that the trend is not moving in a positive direction. No matter what, Bitcoin is in the relax zone below $9000....

Bitcoin (BTC) price rebounds after central banks of several countries announced their support to markets and promised to provide the help needed to protect the global economy.Seems that after suffering losses, markets have started recovering. A prime example of this recovery is Bitcoin that reached 3.2% in daily gains on March 2. Still being down from earlier highs of $8,900, Bitcoin is trading at $8,797.68 at the moment of writing. Notably, Bitcoin price rebounds after the last week’s 14...

The rapidly spreading coronavirus appears to have pulled down the global traditional investment markets with Bitcoin joining the fall, giving up its hypothetical store of value status. The current BTC price is around $8,600.Everything in every market is currently red. As the coronavirus epidemic continues to spread, the stock markets keep crumbling with bitcoin right behind them in a downward spiral. The S&P 500 and the Dow seemed to enter a correction on February 27, representing a 10%...

Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100, marking the second day of losses amidst fears of the coronavirus spreading to more countries.Bitcoin price smashed the $9,500 support on February 25 after repeated tests and accelerated towards $9,100. That marked the second day of losses as global equities markets steeply corrected on the fears of the coronavirus spreading to more countries. As the price plunged violently, traders in...

What happens when a lot of people talk about possible Bitcoin price movement? Right – the price indeed starts moving. And now BTC seems to be gaining momentum ahead of May’s halving event.Some experts start predicting the next price move. They see a dramatic scenario of Bitcoin price rushing up to $18,000 and even $20,000 in the short-term and up to $100,000 in the long-term. Such data is based on calculations of previous price action. It appears that Bitcoin can gain up to 80% in profits...

Bitcoin price gains steam hitting $10,000 level, with the overall crypto market entering bullish price action.Many of the cryptocurrency critics are waiting for the market crash soon after the Bitcoin Halving in May 2020. Some of them waiting for the crash even before the Halving. However, Bitcoin‘s price keeps rising, crossing the 10K milestone with ease. While the Bitcoin Core repository on GitHub receives no major updates this Winter, this price action is a big success. All the...

Bitcoin price changed time and again with bull runs or bearish moves occurring after certain news about an economic or political event, government regulations, hacks on crypto exchanges, among others. But let’s take a closer look at each of these scenarios and how the news about these events had impacted the prices of cryptocurrencies.US-Iran Conflict Spikes Bitcoin’s PriceTensions surrounding the US-Iran war influenced the prices of digital assets. Bitcoin, for instance, surged by 5% after...

Today Bitcoin price has reached the levels over $9,150. The coin moved within a strong bull trend and reached an intraday high of $9,164.Bitcoin managed to stay in the green zone, despite correction from a recent high on the level of $9,149. The market value fluctuates at a $9,128 level. After an increase of around 2% per day, Bitcoin’s prevailing daily trend is slightly bullish, while volatility levels suggest that further action will be prone to decline.Over the past few days, the bulls...

Bitcoin, which is the largest digital asset by market capitalization, settled past the price level at $8,600 after a pullback to a price level of $8,217 on January 24.At the hour of composing, the Bitcoin price was trending on the level at $8,712 mainly unaltered from the start of the day.The digital asset market on Monday showed a trend in the bullish bias triangle. The Saturday bears did not lead to much movement, and several altcoins moved away from support levels and attempted recovery....