Bitcoin Price is Within Touching Distance of $1,000
Bitcoin price is nearing the $1000 mark for the second time this year, just over a month after the cryptocurrency scaled the milestone at the beginning of 2017. It’s still early days in the year and bitcoin has already seen a dramatic 2017. Trading beyond the barrier in early January, the cryptocurrency’s market capital swelled beyond $17.5 billion. In China, bitcoin prices reached all-time highs in the first week of 2017. Price also scaled beyond $1100 on January 4, nearing an all-time high in the Bitstamp Price Index (BPI) as bitcoin reached gold parity. The following day, price crashed....
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Here's a look at what we are focusing on in the bitcoin price this morning. Right then. The final day of the week, here already. Where will the bitcoin price take us today? The answer we’re all hoping for is… Up! We’ve topped out around 775-780 overnight, putting us (and to steal a phrase from last night’s analysis) within touching distance of the 800 mark. Will this finally be the day we reach it? Maybe. When 700 broke, price toyed with the level for a while before finally committing. There’s a chance that we might see some similar action again, as markets bustle at either side of the bid....
Bitcoin price is rampant in its gains as it continues to push ahead, stepping up a gear since the turn of the year. At the time of publishing, bitcoin is trading at $1,139.9 on the Bitstamp Price index (BPI) and is closing in on the all-time high of $1163, a figure scaled on November 29, 2013. Bitcoin price is closing in on its all-time high. Over the last 24 hours, bitcoin price has made gains of over $110 reaching a high of $1,129.90 on the BPI today. The newest rally began in the late hours on Tuesday night (UTC), as price chalked $1,022.99 at 23:00 last night. An hour later, price....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Thursday morning, and we are about to head into a fresh session out of Europe. In last night’s bitcoin price analysis, we noted that price had broken to the upside and that – as a result – things looked good for some further upside momentum. We tentatively slated 800 as a level to watch on the horizon, with that being the next major psychological target, but we also pinned a couple of nearer term levels as being ones to watch, with the goal of taking out a few profit targets on the way up to the big eight oh....
Bitcoin price is clawing its way back to a range amongst the highs achieved in 2016. Today’s high of $772. 01 sees the value of the cryptocurrency within touching distance of the year-high mark scaled in June during the lead-up to this year’s halving event. Today’s high registered at 11:30 UTC after steady gains made from midnight when bitcoin price was trading to the dollar at $764.02 on the Bitstamp Price Index (BPI). At the time of publishing, Bitcoin is trading at $768.97. The price climb registers at a time when the devaluation of the Chinese yuan continues, turning Chinese investors....
After a two-month-long downfall, which saw the total market cap of the top meme coins fall from $116.6B to just $40B, the meme coin market is up and running again. It has gained a staggering 45% in market cap in around three weeks. The larger crypto market is green, too, with the granddaddy of all cryptocurrencies, Bitcoin, climbing over $95K. It’s now within touching distance of its all-time high of $109K. Moreover, last week, Bitcoin ETFs experienced their largest inflows ($3B) since December. Plus, according to a recent forecast by financial services company Standard Chartered, we....