Bitcoin Price Slips Below $10,000, Liquidating $40 Million
Bitcoin has sustained a strong correction over the past few days as legacy markets have turned red. The
Read MoreBitcoin has sustained a strong correction over the past few days as legacy markets have turned red. The
Read MoreThe price of Bitcoin (BTC) dropped below $9,000 from $9,660 within seven hours. The 7% plunge comes as $55 million worth of long futures contracts were liquidated on BitMEX.Four factors are likely behind the sudden decline in the price of the top cryptocurrency by market capitalization. Namely: stocks sliding, selling
Read MoreEthereum’s intense momentum stalled after it peaked at $145 this weekend. The cryptocurrency now appears to be well-positioned to see further upside, as this momentum significantly bolstered its market structure.The recent movement that led ETH to rally from the lower-$200 region to highs of $245 left a trail of destruction
Read MoreGood things don’t last forever it seems. After rallying 20% from the lows to tap $10,000, Bitcoin plunged $500 within the span of 20 minutes this hour, falling from ~$9,750 to $9,200 in that short period of time.It was an 8% reversal from the ~$10,000 highs of the Thursday trading
Read MoreBitcoin’s block reward halving may be just hours away, two hours away by most estimates, but that hasn’t stopped the price from dumping.The cryptocurrency just slid as low as $8,380 just minutes ago, visiting the levels it was trading at just 24 hours ago.This came after Bitcoin rallied as high
Read MoreSince the daily close 20 minutes ago, Bitcoin has fallen off a cliff.The cryptocurrency has collapsed from $9,800 where it spent most of Saturday to $8,000 — a drop of more than 15% — since the daily close, shedding support level after support level as if they were not notable
Read MoreThe Bitcoin (BTC) price spiked from $6,900 to $7,300 across major cryptocurrency exchanges, liquidating $90 million on BitMEX and Bitfinex alone.While several traders anticipated the Bitcoin price to see a strong upsurge as it breaks out of the $6,900 resistance level, the abrupt upsurge to $7,300 caught many technical
Read MoreAccording to an announcement made on Twitter by venture capitalist Dovey Wan on August 14, 2019, the recent dump in bitcoin price is due to a mass liquidation of 200 thousand BTC by collapsed China-based Ponzi scheme PLUS Token. The Big Scam In the last 72 hours, the price of bitcoin has
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