Bitcoin – the world’s number one digital currency by market cap – rose to $25,000 per unit in mid-February, thus giving traders newfound hope that the crypto market can indeed recover from its 2022 lows. Bitcoin Just Keeps Jumping 2022 was the worst year on record for the digital currency space. At the end of November in 2021, the price of bitcoin had risen to $68,000 per unit, the highest it’s ever been. Everyone was confident the space was going to reach all kinds of...
Read More »Further Price Hikes for Bitcoin Were Recorded Last Month
The bitcoin boom continues as more time in January was able to bring the world’s number one digital currency by market cap beyond the $19,000 mark, something the currency hadn’t seen since November of 2022. Bitcoin Is Growing Like Crazy January has brought on a certain degree of healing for most digital currency investors and traders. The previous 12 months had been so disastrous for bitcoin, literally eliminating more than 70 percent of its overall valuation. The...
Read More »Bitcoin Will Recover But It May Take Months, Fundstrat Expert Says
The crypto market played out well on March 19-20 amid the market crash, with Bitcoin (BTC) surging by almost 15% to climb back above $6,500.Fundstrat Global Advisors LLC gave a thorough analysis of the most famous cryptocurrency saying it may need few months for Bitcoin to completely recover. If you were watching the Bitcoin movement in the last few days, you probably wondered why Bitcoin acted as if it were just another currency, tumbling down in comparison to the greenback. Let’s try to...
Read More »Bitcoin Price Positively Reacts to Asia Stocks Crash amid Coronavirus
Most of the cryptos grew on Monday amid terrible trading in Asia. After the extended Chinese New Year shutdown, mainland markets finally opened for trading. However, it was not going as it was expected.Bitcoin price was rising as well. However, at the time of writing, it was falling 0.43% to $9,347.Major stock markets in the Asia-Pacific region tumbled by the most since an equity bubble burst in 2015. They resumed trading Monday, in the first opportunity for many investors in China to react...
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