Category: Bitcoin

May 27, 2020 / / Bitcoin
May 27, 2020 / / Bitcoin

By Vildana Hajric Bitcoin’s trading above $9,000 once again, but technical indicators suggest the largest cryptocurrency is stuck in a funk. Though the price level may provide support, Bitcoin needs to break out of the downtrend it formed when its May high failed to take out the one reached in February. Any further rally that…

May 27, 2020 / / Bitcoin
May 27, 2020 / / Bitcoin

May 26, 2020 at 21:06 UTCMarket Wrap: Bitcoin Can’t Stick to $9,000 While Stocks RallyThe equities markets far outpaced cryptocurrencies Tuesday on optimism that economic restrictions put in place to help slow the spread of the coronavirus are easing. Bitcoin (BTC) poked its head above the $9,000 level briefly during morning trading in New York…

May 25, 2020 / / Bitcoin
May 24, 2020 / / Bitcoin

Bitcoin and cryptocurrency investors have been nervously eyeing the bitcoin price since its highly-anticipated supply squeeze earlier this month. The bitcoin price took a big step down this week, dropping 10% to under $9,000 per bitcoin after failing to pass the psychological $10,000 level. Now, with investors desperately seeking reliable returns amid the coronavirus crisis,…

May 22, 2020 / / Bitcoin
May 21, 2020 / / Bitcoin

Bitcoin investors are braced for a rough ride after the bitcoin price crashed by almost 10% over the last 24-hour trading period. The bitcoin price, which had been holding its ground since a supply shock earlier this month, has suddenly moved sharply lower—dropping under $9,000 per bitcoin. MORE FROM FORBESSudden ‘Major’ Outage Sparks Serious Bitcoin…

May 21, 2020 / / Bitcoin

Bitcoin has fluctuated near $9,000 after its recent downturn. (Photo by Chesnot/Getty Images) Getty Images Bitcoin fell to less than $8,900 today, declining after the digital currency encountered powerful resistance at the $10,000 level. The cryptocurrency dropped to as little as $8,888.84 this afternoon, CoinDesk data showed. At this point, the digital asset was down…

May 21, 2020 / / Bitcoin

May 21, 2020 at 11:39 UTCUpdated May 21, 2020 at 13:21 UTCFirst Mover: Bitcoin Rattled by Transfer of Satoshi Coins That Might Not Be Satoshi’sEven idle speculation that mysterious bitcoin founder Satoshi Nakamoto might be moving around a small batch of the cryptocurrency appeared sufficient to spook the market on Wednesday.   Bitcoin slid 2.3% on the…