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Bitcoin’s price took a dip below the $54,000 mark on Friday, as the cryptocurrency continued its downward trend over the past week. The value slipped by 3.5% compared to the previous day, reaching a low of $53,810, a level not seen since early August. Bitcoin Reaches a 30-Day Low Over the past 24 hours, bitcoin … Read more
Gold advocate Peter Schiff has conducted two polls regarding bitcoin’s value and investors’ actions if the crypto’s price falls significantly. Despite his consistent criticism of bitcoin, the majority of respondents expressed strong commitment to holding their BTC even if the price drops drastically. Schiff maintains that bitcoin’s value proposition is flawed and anticipates a significant … Read more
Bitfinex analysts pointed out several reasons suggesting that Bitcoin’s bloodbath should be over soon. Go to Source
After completing the latest purchase, Metaplanet holds a total of 203,734 BTC bought at the average price of around $62,000 per BTC. Go to Source
The incoming selling pressure from the Mt. Gox repayment could still cause Bitcoin’s price to fall below the psychological $60,000 mark. Go to Source
The liquidation comes just a few days after the crypto market recorded a $400 million liquidation on Friday, June 7. Go to Source
At press time, the price of everyone’s favorite cryptocurrency has shrunk back to $6,900. This is about $100 less than where it stood yesterday. Bitcoin was trading for about $6,900 on Saturday, though it shot back up to the $7,000 range yesterday afternoon. It appears the bear run isn’t quite over yet, as bitcoin is … Read more
At press time, the price of bitcoin has fallen dramatically, and the currency is now trading for just over $6,700. This is about $900 less than where it stood just 24 hours ago. Investors were excited by the prospects that bitcoin had recently struck the $7,700 mark, and could potentially hit $8,000 again in the … Read more
At press time, bitcoin is trading for just over $7,300. This is a near $200 drop over the last 24 hours, and the bears are still having their way. The current sentiment is that bitcoin could fall to as low as an even $7,000 over the next few days. The currency has been dropping gradually … Read more
Bitcoin has experienced another price drop over the past 24 hours and is now sitting at just over $7,400. While the price falls have been small over the last two days (about $100 each), bitcoin remains on shaky ground, and the bears have not yet given up the reins. Analyst John Navin from Forbes says … Read more
