Tag Archives: Bitcoin Price News

Crypto Market Drops Again: Does Bitcoin Price Risk Fall to $2,500?

Advertisement Throughout the past three days, the Bitcoin price has demonstrated wild volatility in the range between $3,200 to $3,600. The dominant cryptocurrency has struggled to break out of the $3,700 resistance level which several technical analysts have consistently mentioned over the last two weeks. On December 12, the price of Bitcoin (BTC) fell by around three percent… Read More »

Bitcoin and Ethereum Drop 3%, is the Bottom Still in Sight?

Advertisement Over the past 24 hours, the prices of both Bitcoin (BTC) and Ethereum (ETH) have fallen by more than three percent against the U.S. dollar. The cryptocurrency market experienced an abrupt $4 billion drop in its valuation, by just about 3.5 percent. While major cryptocurrencies struggled to demonstrate signs of a potential corrective rally, small market cap… Read More »

Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in Short-Term

Advertisement Since December 8, the Bitcoin price has increased from $3,210 to $3,588, by just about 12 percent against the U.S. dollar. In the same time frame, the cryptocurrency market added $11 billion to its valuation, avoiding a further drop below the $100 billion mark, which could have been critical for the short-term trend of the market. Most… Read More »

$1 Million Bet: Crypto Hedge Fund Wagers Crypto to Outperform Stock Market This Decade

Advertisement Morgan Creek puts up a $1 million wager, inviting investors who believe the crypto market won’t outperform the S&P 500 to put their money where their mouth is, according to a CNBC report. Morgan Creek operates an index fund called the Digital Asset Index Fund, in partnership with Bitwise Asset Management. The index funds offer high net-worth investors… Read More »

Traders Cautious as Bitcoin Plunges to a New Yearly Low at $3210: Can it Recover?

Advertisement On December 7, the Bitcoin price achieved a new yearly low, as the valuation of the crypto market fell by $16 billion within a 24-hour span. Bitcoin Price Struggles to Recover from New Yearly Low Bitcoin (BTC) fell to as low as $3,210 on fiat-to-cryptocurrency exchanges like Bitstamp and Coinbase, which led other major cryptocurrencies and low… Read More »

Bitcoin Avoids Large Drop Below $3,000 With 7% Recovery, Trend Reversal?

Advertisement Over the last 24 hours, the Bitcoin price has experienced a seven percent recovery from $3,210 to $3,433, avoiding a further drop below the $3,000 support level. Many traders expected Bitcoin (BTC) to rebound from the $3,000 to $3,300 range because the $3,000 support level has shown strength throughout the past two weeks. Ethereum (ETH) recorded a… Read More »

Crypto Exchange Bithumb May Have [Temporarily] Propped up Bitcoin Price: Analysts

Advertisement The bitcoin price touched a fresh yearly low this morning, leaving traders and investors scrambling for answers as the crypto market searches for a bottom. While there are numerous pressures that have weighed on bitcoin as it has taken step after step away from last year’s all-time high, research from CryptoCompare suggests that South Korean cryptocurrency exchange… Read More »

Bitcoin Price Eyes Support at $3,000 as Crypto Market Sets New Yearly Low

Advertisement The bitcoin price on Friday plunged 6.5 percent against the US Dollar, breaking below the flagship cryptocurrency’s previous yearly low at $3,455. The bearish cycle took another turn after the Securities and Exchange Commission (SEC) halted its decision on the VanEck’s upcoming bitcoin ETF once again. The fundamental has been treated as one of the strongest bullish… Read More »