On Thursday, Bitcoin declined by more than $2,200, which is its biggest one-day fall in three months. Bitcoin’s price had dropped by 11% and settled at $16,725, while its price increased by 21% during November. Significantly, the dominant cryptocurrency gained 138% during the year. On Wednesday, the world’s largest cryptocurrency reached its highest level since …
Ki-Young Ju believes Bitcoin will hit 20K after a decline Read More »
On November 26, the price of Bitcoin sharply declined by 16% to $16,334, while in the previous session, its peak at $19,484. According to data, cascading liquidations were the driving force on the massive correction. Significantly, before the pullback, the open interest of the dominant cryptocurrency futures market reached a new record high. Moreover, the …
According to the latest news, the dominant cryptocurrency Bitcoin reached $19,569 on Coinbase, which is its highest level since December 2017. Bitcoin is close to surpassing its record high; however, there are some warning signs to note. There are three potential reasons BTC faces the possibility of a pullback at $20,000 are a bull trap, …
On November 24, the price of the world’s largest cryptocurrency, Bitcoin, surpassed $19,000. Significantly, it hit the highest number in nearly three years. It followed an XRP flash crash on Coinbase, which trembled the cryptocurrency market. Bitcoin has increased by nearly 40% in November and is up approximately 160% this year. The dominant cryptocurrency hit …
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