Bitcoin Price Dives $500 in 3 Minutes as Volatility Continues
The leading cryptocurrency plunged around $500 in the span of three minutes just minutes ago. Bitcoin now trades for $13,000 after hitting $12,700 briefly. Analysts remain confident after that rapid move lower. Bitcoin Prices Dives Under $13,000 After Hitting New Year High What a chaotic past few days it has been for Bitcoin. The leading cryptocurrency plunged around $500 in the span of three minutes late last hour as sellers suddenly stepped in en-masse. This […]
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Bitcoin market volatility has persisted as the U.S. dollar continues to swing back and forth as the market attempts to determine the odds of a fiscal stimulus package. The leading cryptocurrency recently plunged $150 in a manner of minutes as the U.S. dollar rapidly jumped higher in an odd bout of price action. The futures […]
Mainstream investors and financial institutions have dismissed Bitcoin as a currency due to its intense volatility. The British pound recently plunged to more than 6% in minutes, crashing various markets and exchanges. While the British pound came closer to reaching its 31-year low value, the price of Bitcoin continues to surge, reaching $635 with experts presuming a $700 breakout by the end of October. Since Brexit, the British pound has continued to struggle in dealing with its declining value. The rapid devaluation of the national currency forced a substantial number of financial and....
Bitcoin has seen an absurd amount of intraday volatility over the past day amid the best price action in many months. The coin currently trades for $12,900, a few hundred dollars shy of the daily and year-to-date high set just minutes ago at $13,250. Bitcoin plunged as low as $12,600 on futures platforms during that […]
While no changes have occurred regarding the approval of the Bitcoin ETF, the cryptocurrency’s price has started fluctuating in anticipation. A surge in trading activity saw volatility return to the market, Bitcoin going from $1,200 to $1,350 within minutes, only to fall by around $100 immediately as auto-sell barriers were reached. Exchange data shows large orders being placed - one for 1,140 BTC on Poloniex - indicating large bagholders are manipulating the market. Earlier on Friday, a sum of 750 BTC was reported to be on the move, changing addresses around every five minutes. As the....
Bitcoin continues to observe new yearly lows for volume as volatility also continues to decline further. Bitcoin Volume And Volatility At Yearly Lows As per an Arcane Research report, the 7-day average trading volume for BTC continues to hit yearly lows. This is the third consecutive week that the indicator has plunged down. The below […]