Bitcoin Rally Falters as Price Drops Below $16K
The cryptocurrency dropped as low as $15,750, having hit highs over $16,300 in the Asian trading hours.
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Bitcoin’s recent surge above $94,000 has brought a wave of bullish momentum across the crypto market. However, this rally has yet to gain real traction beyond $95,000. This elusive behavior is part of a wider trend that has seen the anticipated Bitcoin’s 5th wave breakout above $100,000 remain elusive. Bitcoin’s 5th Wave Appears To Be […]
Bitcoin recently lost 5% of its recent price. Many experts speculate that this drop might be due to the U.S. infrastructure bill. The ending of last month – July 2021 was a bit favorable for Bitcoin Price. However, it seems the rally is now declining as most investors are afraid of the Bill. The price […]
The price of Bitcoin (BTC) declined to $16,000 across major exchanges after hitting $16,480 on November 14. Although the BTC price recorded a near 3% drop within 24 hours, the retest is healthy for the ongoing rally. The 15-minuteprice chart of Bitcoin. Source: BTCUSD on TradingView.com Reasons Why the Drop to $16k Could Actually Benefit […]
Uniswap's week-old governance token is outperforming more established cryptocurrencies Wednesday.
Ethereum has been closely tracking the price action seen by Bitcoin and other major altcoins, but it has been able to dodge seeing any intense decline overnight Although it did plunge as low as $530, the cryptocurrency’s support at this level sparked a “V-shaped” recovery that allowed it to surge up towards the upper-$500 region […]