Ethereum price was recently on its way back to $200 until it met strong resistance and was subsequently driven back beneath $140. One analyst however, believes that a much stronger bull run is in the works. ETHEREUM RECOVERS AFTER UNSUCCESSFUL RALLY The entire crypto community held its breath recently, as Bitcoin broke the $9,000 mark
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Bitcoin prices rallied today, reaching their loftiest value since mid-November as the broader market pushed higher. The digital currency climbed to $8,848.92 at roughly 1:15 p.m. EST, according to CoinDesk data. At this point, the cryptocurrency was up 3.6% for the day, and was trading at its highest level since November 12th, additional CoinDesk figures reveal.
Bitcoin has had a mixed start to the new year. The price has climbed, most likely for potentially controversial reasons—but, meanwhile, at least one minor cryptocurrency is going from strength to strength. The bitcoin price has climbed over the first few days of 2020 but has failed to make meaningful gains and breakout of its long-running
The price of bitcoin (BTC) is set to increase this year, according to a Bloomberg analyst. Mike McGlone, a senior commodity strategist for Bloomberg Intelligence, has said that the two factors – bitcoin’s fixed supply (21 million coins) and increasing adoption – are likely to support the world’s largest cryptocurrency’s appreciation in 2020. “Bitcoin is winning the
Bitcoin and cryptocurrency have this year successfully provoked central bankers and governments to take digital currencies seriously—though many remain skeptical. The bitcoin price, which has failed to return to its all-time highs set in late 2017 despite a late December rally, was given a substantial boost in the first half of this year by social media
Bitcoin is on track to end 2019 on a positive note and significantly outperform traditional assets like gold and stocks. The number one cryptocurrency is currently trading at $7,125, representing a 93 percent gain on a year-to-date basis, according to CoinDesk’s Bitcoin Price Index. Prices rose from $3,700 to $13,880 in the first six months likely
If you’re not a bitcoin enthusiast, you probably haven’t heard what’s happening next year: It’s called the “halving”, and it will cut production of the cryptocurrency by 50%. No one’s in control of this process. It’s a rule written into bitcoin’s underlying code by its pseudonymous creator Satoshi Nakamoto more than a decade ago. The
Bitcoin and cryptocurrency markets suddenly rebounded yesterday, with the bitcoin price climbing back above the psychological $7,000 per bitcoin mark after a sell-off earlier in the week. The bitcoin price has been stuck in a downward trend for the past few months and previously dipped under $7,000 per bitcoin in November, only to jump back again. But
Bitcoin experienced a sharp and sudden drop earlier this morning that led the crypto as low as $6,400, and its reaction to this level has provided some much-needed validation for embattled bulls who feared that BTC would experience significantly further losses. Much to the chagrin of bears, analysts are noting that Bitcoin may be positioned
XRP’s price action throughout 2019 has proven to be gravely disappointing to investors, as it was only exposed to a fraction of the bullishness that Bitcoin and other major altcoins incurred throughout the first part of the year, while facing the full impact of the bearish second half of the year. The crypto’s recent bearish