Bitcoin Rally Slows as Price Drops Below $400
The price of bitcoin dropped $40 from its opening value of $408.74 today to fall below $400. The decline comes one day after the price of bitcoin peaked at $492.40, passing $500 on select bitcoin exchanges and brokerages across the globe. According to the CoinDesk USD Bitcoin Price Index (BPI), the digital currency declined 5% over the course of the day, reaching a press time total of $389.59. Today's high of $447.25 was reached at 3:04 UTC. CoinDesk's CNY Bitcoin Price Index showed more marked downtrends although the digital currency's value was slightly higher than the USD equivalent. At....
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Bitcoin recently lost 5% of its recent price. Many experts speculate that this drop might be due to the U.S. infrastructure bill. The ending of last month – July 2021 was a bit favorable for Bitcoin Price. However, it seems the rally is now declining as most investors are afraid of the Bill. The price […]
The cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours.
The price of Bitcoin (BTC) declined to $16,000 across major exchanges after hitting $16,480 on November 14. Although the BTC price recorded a near 3% drop within 24 hours, the retest is healthy for the ongoing rally. The 15-minuteprice chart of Bitcoin. Source: BTCUSD on TradingView.com Reasons Why the Drop to $16k Could Actually Benefit […]
Data shows the Bitcoin trading volume is now once again moving sideways at a low average value as activity on the network slows down to a crawl. Bitcoin Average Daily Trading Volume Returns Back To Below $4 Billion As per the latest weekly report from Arcane Research, the 7-day average BTC spot volume has once […]