Bitcoin Price (BTC) Slides Under $19,000 — The First Time Since July 4
Bitcoin price traded below $19,000 on Wednesday morning, as the leading cryptocurrency plummeted to its lowest level since July, due to a decline in global stock markets and the U.S. dollar’s sustained strength. As of this writing, Bitcoin (BTC) is trading at $18,741, down 5.5% in the last seven days, data from Coingecko show, Wednesday. The last time Bitcoin fell below $19,000 was on July 4, when its price reached $18,600. The current level is a 25% correction from the August 15 rally to $25,000. Prior to reaching $18,600, BTC touched $18,900 in November 2020 en route to its....
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The price of Bitcoin (BTC) showed indecision for weeks as the price moved in a range for weeks between $19,500-$20,000, with the price stalling on the next movement. Despite so many expectations of the price having a short squeeze to a range of $21,600 before Bitcoin (BTC) next moves down, this wasn’t the case as the price broke below key support of $19,000. (Data from Binance) Related Reading: Bitcoin Price (BTC) Slides Under $19,000 — The First Time Since July 4 Bitcoin (BTC) Price Analysis On The Weekly Chart The price of BTC has had difficulty replicating its bullish move that....
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Civil Unrest in Kazakhstan Leads to Hashrate Loss Speculation, Kazakhstan’s Bitcoin Miners Say Issues Did Not Affect Them
This week the civil unrest in Kazakhstan caused a lot of people to speculate on whether or not it would....