Friday, September 25, 2020
Home > Year

Market Wrap: Bitcoin Dips to $11.1K; Ether Mining Difficulty at Year High

Bitcoin is looking bearish while Ethereum miners are reaping more fee revenue than ever before. Bitcoin (BTC) trading around $11,298 as of 20:00 UTC (4 p.m. ET). Slipping 3.8% over the previous 24 hours.Bitcoin’s 24-hour range: $11,102-$11,786.BTC below its 10-day and 50-day moving averages, a bearish signal for market technicians.Bitcoin trading

Read More

Market Wrap: Bitcoin Dips to $11.6K, ETH Options Predict Price Below $400 by End of Year

Bitcoin traders are hitting the sell button Friday while the ether options market loads up on lower prices. Bitcoin (BTC) trading around $11,674 as of 20:00 UTC (4 p.m. ET). Slipping 1.4% over the previous 24 hours.Bitcoin’s 24-hour range: $11,605-$11,892.BTC below its 10-day and 50-day moving averages, a bearish signal for

Read More

Novogratz: Global ‘Liquidity Pump’ Will Keep Bitcoin Rising, Price to Hit $20K This Year

Billionaire investor Michael Novogratz said global “liquidity pump” from stimulus packages will keep driving bitcoin’s price higher. He expects the price of bitcoin to reach $20,000 this year, fueled by retail investors shifting to the cryptocurrency.Mike Novogratz’s Bitcoin PredictionGalaxy Digital CEO Michael Novogratz said on Tuesday that bitcoin and

Read More