Bitcoin Breaks the Ten Dollar Barrier
As of 18:36:30 GMT on August 2nd, Bitcoin broke the $10 price barrier on MtGox for the first time in 2012. Bitcoin closed at $9.35 at the end of the day on July 31st, and, as of 1:54 GMT August 3rd, is currently trading at $10.65, indicating a rise of almost 14% in just two days. The trading price hit a new 2012 high of $11.00 around 22:00 GMT. Some are....
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Bitcoin price was down below the $19,000 level on Thursday morning, at one point reaching its lowest point since June, due to a decline in global stock markets and the continued resilience of the U.S. dollar. However, it was a different scenario on Friday afternoon, Eastern Time as Bitcoin broke past the $20,000 barrier and improved by […]
Ethereum price continued to remain under a bearish pressure, and if it increases, ETH could weaken further in the near term. Key Highlights. Ethereum price remained under a bearish pressure against the US dollar, and may face sellers in the short term. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect barrier for the pair and pushed it down. The price is currently above the $10.20 support area, but a break below could ignite more downsides. Ethereum Price Barrier. Ethereum price ETH struggle continues against the US Dollar,....
Ethereum price is currently trading in a range against the US Dollar, and once it breaks, it may ignite the next move in ETH/USD. Key Highlights. ETH price struggle to recover against the US Dollar and Bitcoin continued during the past 24 hours. There is a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, acting as a barrier for an upside move. It looks like there is a range pattern formed with resistance at $9.60, and support at $9.30. Ethereum Price to Decline Further? There was no respite for ETH price over the weekend, as it remained under a bearish....
Ethereum price ETH failed once again near a bearish trend line, which may continue to act as a hurdle for a recovery in ETH/USD. Key Highlights. ETH price continued to face sellers against the US dollar, as yesterday’s resistance area of $11.40 remained intact. Moreover, yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD continued to act as a barrier for the buyers. As long as the price is below the trend line resistance, there can be another dip below the recent low. Ethereum Price Barrier. Ethereum price ETH managed to climb a few points....
Yesterday, the 27th of October, the Bitcoin price broke the $300 barrier. For some weeks now, we have seen a positive advance in the bitcoin price. Many are the reasons pointed by experts and traders for this price rise, however between lots of explanations there is still heavy doubts on what it could be the real trigger for this continued price rise. Since the middle of September, the price has been slowly and steadily rising and it already stumbled upon a more than 30% increase. The last time the bitcoin price touched the $300 barrier was back in July the 12th when the bitcoin price hit....