BTC dropped below $56,000 on Sunday as several bearish signs emerged.
BTC dropped below $56,000 on Sunday as several bearish signs emerged.
Bitcoin prices dropped lost 3.12 percent in early trading Monday, while the rest of the crypto market followed suit, turning lower aggressively after their record-setting bull runs at the start of this week. Bitcoin wobbles around $56,000. Source: BTCUSD on TradingView.com At first, it appeared like a regular profit-taking exercise among western day-traders against overvaluation […]
The largest cryptocurrency’s 200% CAGR presents a serious challenge to even the most successful crypto business strategies.
For the first time, a Chinese government official has recognized the value of Bitcoin and other cryptocurrencies. The People’s Bank of China Deputy Governor, Li Bo, called these assets an important part of the future at the Boao Forum for Asia, per a report by Colin Wu. Bo said Bitcoin and cryptocurrencies should be regarded […]
Bitcoin network's computing power: Is it an accurate predictor of BTC price?
Drops in Bitcoin’s hash rate coincided with some big BTC price corrections in the past.