Bitcoin Falls Below $800 As Volatile Week Continues
Bitcoin prices tumbled more than 10% during morning trading, dipping below the $800 mark. Markets saw an average low of $779.54, according to the CoinDesk Bitcoin Price Index (BPI), the first time the price has been reported below $800 since 21st December. The drop came after the price traded just above $900 during overnight activity, and represents a nearly 39% fall from the 2017 peak of around $1,153. 2017 has been a volatile year thus far for the digital currency’s price. The start of the week saw the price shift above and below $900 as concerns over rumors of new regulations coming out....
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Litecoin. This week Litecoin was a very volatile cryptocurrency. In the beginning of the week Litecoin price was under the level of $3.00, but in the middle of the week, in just one evening, the price reached $3.44. From this top the price started falling continuously, without even a short stop at the level of $3.20. Next week we may wait for it to return to $3.00 or maybe even below. DASH. The cryptocurrency of DASH made tremendous jumps and falls. Traders’ heads can begin to spin. DASH began the week a little higher than 0.01, but the growing trend on Friday evening took DASH above....
Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before Ethereum is testing the critical $1,000 support level. Ethereum Falls Below $1,100 For Ethereum, holding above $1,100 for the past week had meant that there was still hope for a good run-up that could see it retest the $1,500 resistance. But this would only last just a little above $1,200....
Here's what we are focusing on in the bitcoin price the morning out of Europe, intraday. Well, we’re here again – the final day’s trading in a what has been a pretty volatile week in the bitcoin price. Action across the last few days has given us plenty to discuss, and some decent momentum has given us plenty to pick up profits from. Whether this will continue for today’s session remains to be seen – we know that overnight action certainly implies some volatility (and with it, an upside bias), but of course, this means little in this space. Things could quickly reverse on an alteration of....
Following a volatile weekend of trading, cryptocurrency prices consolidated to start the week, with BTC close to its long-term floor. Overall, bitcoin was trading marginally below $30,000, with ETH hovering slightly above $2,000. Bitcoin BTC started the week trading below $30,000 following a volatile weekend of trading, which saw prices mainly consolidate. Following a rise to a peak of $31,308.19 during Sunday’s session, BTC/USD fell to an intraday low of $29,412.58 on Monday. Today’s low has seen prices approach the long-term support level of $28,800, following a rebound....
Up or down, it is high time that Bitcoin made a significant move, market participants agree. Bitcoin (BTC) starts a new week keeping everyone guessing as a tiny trading range stays in play.A non-volatile weekend continues a familiar status quo for BTC/USD, which remains just above $19,000.Despite calls for a rally and a run to lower macro lows next, the pair has yet to make a decision on a trajectory — or even signal that a breakout or breakdown is imminent.After a brief spell of excitement seen on the back of last week’s United States economic data, Bitcoin is thus back at square one —....