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Bitcoin hasn’t fared too well over the past few days. The cryptocurrency, after a surge to $10,550 last week, started to trend lower into the weekend and out of it, reaching as low as $9,500 on Monday as sellers stepped in en-masse. This means that since the local peak, BTC has corrected by 10% at ..
Until this weekend, Bitcoin was on a near-unstoppable trend higher, rallying past key levels in the $7,000s, $8,000s, and $9,000s over the course of a few weeks. Though, over the past few days, the cryptocurrency has started to falter, plunging as low as $9,700 from last week’s high of $10,550 — a d..
While the price of Bitcoin is not yet past the previous all-time high of $20,000, investors have recently started to wonder where the next cryptocurrency bull cycle will take the asset. Some bears have said that the ongoing recovery is but an “echo bubble,” which will see the cryptocurrency’s stren..
For the second day in a row, Bitcoin declined, falling from to $10,150 since finding a local top at $10,550 earlier this week. After this more-than-3% drop, analysts are becoming convinced the cryptocurrency will see a deeper pullback, citing a variety of technical analysis- and charting-related re..
Ether, the cryptocurrency of the Ethereum network, led the 2017 cryptoeconomy bull run in playing a central role in the ICO boom. Now, some analysts are projecting the second largest crypto may be poised to do the same in 2020, this time powered by the rise of Ethereum’s decentralized finance secto..
Over the past day, Bitcoin has found itself stagnating, posting a mere 1% gain in the past 24 hours per data from CoinMarketCap. This isn’t bearish — BTC is now consolidating above the key $10,000 price point, confirming it as a support and base for the next move higher. As Bitcoin has started con..
Bears couldn’t keep Bitcoin suppressed for long. On Monday morning, the price of the leading cryptocurrency broke higher once again, rallying from $9,800, where it had found a short-term base of support after a weekend slump, to $10,400 in the span of a few minutes’ time. This represented a 6% move ..
While Bitcoin’s price has started to show some uncharacteristic weakness over the past day, with the price slumping by nearly 5% from the $10,200 local top, analysts remain convinced that the cryptocurrency’s long-term trend is forming positive. In fact, prominent industry commentator, Thomas Lee, ..
XRP is one of the most enigmatic cyptocurrency projects in the entire cryptoeconomy, to say the least. On the one hand, no shortage of respected analysts point to problematic operations at Ripple, the backers of XRP, as suspect. Dumping XRP on retail investors, which skeptics allege is an unregiste..
Despite some recent volatility that brought Bitcoin as low as $9,700 just hours ago, this weekend saw the price of the leading cryptocurrency pass above $10,000 for the first time in months. This achievement wasn’t easy; prices were stuck under the key psychological price point for days on end. Bu..