Category: bitcoin prices

Bitcoin Quickly Jumps Above The $52K Zone Only To Get Pushed Back, Crypto Economy Climbs 3.5%

Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it…

Gold Rebounds After Sunday’s Flash Crash — Price Slide Blamed On Thin Trading Conditions, Leverage, Covid

The price of an ounce of gold dropped dramatically this week, slipping under the $1,700 handle to $1,688 per ounce on August 8. On Monday, gold regained some of the…

Analyst: ‘Bitcoin Correction Very Similar To 2013 — BTC May Remain Stuck At $30K For A While’

The analytics provider Ecoinometrics has published a tweetstorm that shows the current downward spiral from bitcoin’s all-time high is one of “the longest drawdowns bitcoin has had to deal with…

Microstrategy Buys $489M Worth Of Bitcoin — Company Now Holds More Than 100,000 BTC

The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor…

Bearish Or Bullish? Bitcoin Traders Argue Over Death Cross Outcome

On Saturday, cryptocurrency analysts and traders have been discussing bitcoin’s recent chart patterns and the infamous death cross pattern has been a topical conversation. A number of traders believe when…

Fidelity Executive Believes Bitcoin’s Price ‘Bottom Is In’ After Last Month’s Market Carnage

On Monday, Jurrien Timmer, director of global macro at Fidelity, told his 56,000 Twitter followers his perspective on current bitcoin prices. “In my view, it looks like the bottom is…

Crypto Prices Consolidate, Analysts Blame Bitcoin Market Rout On ‘Overleveraged Positions’

Digital currency markets have been consolidating after taking some heavy losses during the last few days. Billions of dollars have jumped back into the crypto economy on Thursday, as the…

‘Chartmaster’ Expects BTC Price To Tap $29K, Delta Exchange CEO Says ‘Bitcoin Hasn’t Found A Floor Yet’

The price of bitcoin has dropped to a new low for the month of May, sliding to $42,100 per unit during Monday evening’s trading sessions. While a few analysts see…