However, the asset continues to be outperformed by most alternative coins, and its dominance is down to 48%. After dipping below $2,000 a few weeks back, the second-largest cryptocurrency by market cap has been on a roll. The primary cryptocurrency went to a weekly high at $56,500 a couple of days ago following rumors that […]
Yesterday, bitcoin surged by an impressive 9% from daily low to daily high, surpassing the $58k mark. Yesterday’s spike allowed bitcoin to climb back above the significant 50-day moving average line, after spending 11 days beneath it. Earlier today, the bulls encountered a significant resistance area at $58,355, which was the previous all-time high set […]
This has been a long time coming, ever since Visa began experimenting with their first crypto API in February. It’s a massive leap forward in terms of both legitimizing Bitcoin and the cryptocurrency space, as well as integrating it in a meaningful way into systems that most consumers use every single day. More interestingly, opening […]
Overall, this was a tough week for markets across the board. The news caused a widespread drop in the most important financial indices in the United States and other countries. Today’s drop puts Bitcoin at $48,000 with lows of $47044, according to Tradingview data. With near $8.000 lost, this would be the most significant gross […]