Bitcoin Price

bitcoin

Bitcoin recovers despite new COVID-19 strain

The dominant cryptocurrency’s price has fluctuated in recent months and finally hit an all-time high – $24,200. Bitcoin witnessed a correction on December 21, as the equity markets also opened in the red. The world’s largest cryptocurrency declined by 6% on December 21. Meanwhile, the dollar index strongly recovered. Such declines and uncertainty appear to be due …

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Bitcoin Price

Bitcoin declined to $22,410 from record highs

The world’s largest cryptocurrency, Bitcoin, has witnessed a massive rally in previous months. It accelerated from $10,000 to a recent lifetime high of nearly $23,700. It took only a few months for Bitcoin to increase by 135%. On December 21, the dominant cryptocurrency lost $23,000 support. Monday trading witnessed a long-awaited correction. It began to …

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Bitcoin

Bitcoin bull-run in 2017 and 2020

The dominant cryptocurrency, Bitcoin, witnessed significant gains during 2020 and still keeps reaching new all-time highs. However, its network fundamentals point to a different picture compared to the previous 2017 bull run. Three years ago, the world’s largest cryptocurrency, Bitcoin, hit its first major all-time high of $20,000, recording almost 2,000% gains for the year. Throughout …

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bitcoin price

Bitcoin declined by 2.5% in three hours. Why?

On December 15, the world’s dominant cryptocurrency price, Bitcoin, increased over $19,500 briefly and hit $19,570 on Binance. However, in three hours, BTC suddenly declined by 2.5% and settled at $19,050. The dominant cryptocurrency spiked to about $19,600 from the momentum of its relief rally and negative futures market funding rates. On December 12, Cointelegraph announced that …

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Bitcoin surged back over the $19,000 level

According to the latest news, Business intelligence firm MicroStrategy reported an increase in convertible bonds. $650 million worth at the rate of 0.75% due in 2025. MicroStrategy identified its working capital needs and other general corporate purposes. Therefore now plans to invest the new proceeds in Bitcoin. When institutional investors confirm such a large appetite …

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Bitcoin fell 5%, other major cryptocurrencies lost 10%

Over the last 24 hours, the world’s dominant cryptocurrency, Bitcoin, has declined sharply, moving away from the key $20,000. The price of Bitcoin dropped by more than 5%, which equals $1,000. BTC is not the only cryptocurrency that witnessed a decline. Other primary tokens such are Ethereum, Ripple’s XRP Litecoin, and Chainlink all declined by …

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