Weekly Bitcoin Price Review: The Growth And Fall Of The Last Week
Last Monday, Bitcoin started the new week at the level of $387 and stayed near it until Wednesday January 20 2016. On that day, Asian markets have once again resulted in another fall in world markets. Nikkei dropped by 3.7%, Hang Seng fell by 3.7%, Shanghai Composite fell by 0.9%. Also MSCI has fallen to its lowest level since 2011. The market in South Korea fell by 2.3%. Moreover, we soon saw a continuation of the downturn in the US and European markets. NASDAQ index fell by 0.12%, and Dow Jones by 1.56%. Securities of the leading European countries fell by an average of 3-5%. But in just....
Related News
Litecoin this week feels quite sure. Having fixed its price higher than 0.08, the exchange rate of LTC:BTC isn't going to fall yet. However, only because of falling Bitcoin prices, Litecoin decreased almost to $3. At the beginning of the week, Litecoin’s price was slightly above where it is now, approximately at $3.15. The local top of $3.300 turned into a deep collapse and after falling on a course to $3, Litecoin’s price did recover a bit. Now, Litecoin’s price sits at about $3.10, and next week it will be at $3 and below. Purchases of Litecoin lower than $3 are of interest, especially....
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September.
As we approach the midpoint of the year, it’s possible to reflect on an interesting 6 months of growth for NFTs. However, this week? Pure goblin mode. This new Ethereum project dominated the conversation in an otherwise quiet week (well, relatively speaking) for all things NFT. Meanwhile, there’s plenty of phishing issues, Solana has been […]
Ethereum price is continuing to fall. It is currently traded at the long-term correction peak. Is there a way for the price to go up? USDTETH. Fall in demand. The fact that Ethereum price could settle at $300 just confirms the upward trend is weak. This mark is important for growth since it was the point of the biggest offer. It wasn’t able to uphold, so obviously the supply surpassed the demand. But at the moment, the fall in demand seems to be temporary. Sharp upward impulses after sharp fall only prove that. According to Vitalik Buterin, the Ethereum network development influences the....
Welcome to the CoinDesk Weekly Review 15th November 2013 - a regular look at the hottest, most controversial and thought-provoking events in the world of digital currency through the eyes of skepticism and wonder. Your host ... John Law. Why rob banks? It's where the money is. It seems it was only last week that bitcoin was trading at $250. Oh, wait - it was. Now at over $400, bubblephobia is growing apace - although the price clearly has a way to go if the flood of tweets saying "Hey, I just bought bitcoin!" is any indication. With that sort of week-on-week growth, who wouldn't want to....