The Crypto Price Crash Is Not All That Bad, Here’s Why You Shouldn’t Mind The...
Cryptocurrency prices are plummeting. According to one estimate, crypto assets have lost around $1.35 trillion ($1.9 trillion) in value since November, with some crypto price crashing by as much as 80%. Many investors are in a tight spot. The good news is that world economy isn’t poorer. As a result, there won’t be much of an economic response to the new prices. Crypto Price Fall Dominates Headline The recent crypto news has been dominated by the price collapse of numerous major currencies. Since November, the price of bitcoin has been dropping. The price of cryptocurrencies....
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The Bitcoin price has been trading in a tight range around the $37,000 price level through the weekend. This tight trading suggests that there is a lot of fighting going on right now between the bulls and the bears as each camp tries to gain an upper hand over the other. As this tug of war continues, a crypto analyst has presented the most important level that will determine whether the bulls or the bears will claim dominance. $31,000 Is The Magic Number For The Bitcoin Price Crypto analyst Ben Vouh took to TradingView to share their analysis of where the price of Bitcoin will be depending....
Data from Glassnode shows that the recent Bitcoin crash was the largest in history in dollar terms, coming in at $2.56 billion. The “corona crash” of March 2020 was the previous biggest, at $1.38 billion. Although 13% gains yesterday brought welcome relief, uncertainty still rules. The question on everyone’s mind is, are we still in […]
So, it happened. After some time moving in a narrow range in the low $300s, Bitcoin price has plunged below $300. This new Bitcoin price crash at the beginning of 2015 is is a continuation of the downward trend of last year - in 2014, Bitcoin has been the worst performing currency in the world, as far as the price charts are concerned. Though, if you just open your mind to a 14-month window instead of a 12-month window, Bitcoin Price has performed much better. Try to keep this in mind. The year-end status of Bitcoin Price is very bad news for speculators, especially for those who purchased....
The issue of borrowing money in order to invest in cryptocurrencies such as Bitcoin has been a prevalent one in the crypto space. Mostly, there has been numerous news regarding individuals who borrowed money to purchase these cryptocurrencies and ended up in massive debt that they couldn’t immediately pay off due to the fact that […]
Here's a look at what we are focusing on in the bitcoin price this morning. Right then. Friday morning, a day left of the business week, and what a week we’ve had in the bitcoin price. There’s been so much volatility that the action has eclipsed that which we saw last week (and comparatively, last week was a lot more volatile than the week before) and we’ve had numerous opportunities to get in and out of the markets according to the rules of our intraday strategy. Boy did we take them. We’re heading into the close of the week sitting on a nice profit, and we’d like to close out with a....