Bears Flip $17,000 As Resistance, Bitcoin Struggles To Hold Support
Bitcoin price is now trading at nearly $3,000 less than the high set earlier in the week, just
Read MoreBitcoin price is now trading at nearly $3,000 less than the high set earlier in the week, just
Read MoreEthereum rallied close to $495, but it failed to test $500 against the US Dollar. ETH price is
Read MoreBitcoin price started a fresh increase from the $14,380 swing low against the US Dollar. BTC is back
Read MoreEthereum faced an intense selloff yesterday that erased all of the gains that had come about due to
Read MoreThe Dow Jones Industrial Average opened lower on Friday; the S&P 500 fluctuated after a positive start to the day.President Trump will announce Friday whether his administration would approve Oracle’s bid for TikTok’s U.S. operations.Despite Thursday’s sharp decline, U.S. equities are on track to snap a two-week losing streak.The Dow and
Read MoreHigher-than-normal selling volume pushed bitcoin down in early trading Thursday before managing to recover. Bitcoin (BTC) was trading around $9,297 as of 20:00 UTC (4 p.m. ET), slipping just 0.18% over the previous 24 hours. At 00:00 UTC on Thursday (8:00 p.m. Wednesday ET), bitcoin was changing hands around $9,270 on spot
Read MoreBitcoin risks a $2,000 price correction as bulls continuously fail to penetrate $10,000-levels.The downside sentiment takes cues from a popular technical indicator, dubbed as Triple Top.The reversal pattern shows that bitcoin is no longer rallying – and is struggling to find buyers near the $10K area.Almost all the leading Bitcoin
Read MoreBitcoin has embarked on a steep recovery over the past eight weeks. After falling as low as $3,700 in the middle of March, BTC has surged as high as $10,100 — a gain of over 170% in just the span of two months.Chart from TradingView.comIt’s a stunning performance that has
Read MoreBitcoin briefly dipped below $7,000 as the US oil prices collapsed to their two-decade low.The cryptocurrency’s price declined alongside US equities and Gold markets, again exhibiting a risk-on behavior.The US dollar, on the other hand, jumped on safe-haven demand.Bitcoin briefly fell below its $7,000-support in what appears to be a
Read MoreThe Dow Jones struggled on Thursday as the Trump administration changed its tune on China’s handling of the coronavirus epidemic. Top economic official Larry Kudlow stated the U.S. is “disappointed” with how events were playing out. Despite an inevitable economic shock, some Dow bulls believe the spike in infections could be good
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