Saturday, November 28, 2020
Home > Drop

Bitcoin, stocks drop as markets uncertain about US election result

The price of Bitcoin (BTC) suddenly fell by 3% within hours on Nov. 4 to $13,566 after briefly rising above $14,000. Coincidentally, the U.S. dollar, gold and stocks all fell together in tandem.Analysts are pointing to uncertainty surrounding the election as the catalyst for the sharp correction. Bitcoin 1-hour chart. Source:

Read More

Bitcoin’s Mining Difficulty Sees Largest Percentage Drop in 9 Years

Bitcoin’s mining difficulty just recorded its largest percentage decrease since the advent of ASIC mining machines in late 2012, dropping by just over 16% and giving miners a reason to celebrate as their profitability is set to increase significantly.Difficulty dropped to 16.787 trillion at around 9:00 UTC on Tuesday, its

Read More