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Bitcoin Falls Below Psychologically Important $10,000 Barrier
Those keeping an eye on the cryptocurrency markets will know that they have been volatile as of late. Now, the price of Bitcoin has plummeted below $10,000 for the second time in July of 2019. Furthermore, all major coins are similarly in the red and seeing substantial losses. Bitcoin price dips below $10,000 The price of Bitcoin has been slowly subsiding after the premier cryptocurrency reached a new 2019 high…
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Sudden Bitcoin Price Increase Sees It Cross $8,600, Crypto Market Cap Bounces Back
The past hours have seen the price of Bitcoin dramatically increase. What’s more, this sudden Bitcoin price increase comes as the entire cryptocurrency market capitalization bounces back. This comes as Litecoin has made significant gains in the past weeks – and Facebook’s crypto project white paper looms. Bitcoin price rallies past $8,600 At the time of writing, Bitcoin is trading at a price of $8,675. This puts the price of…
A group of JPMorgan & Chase strategists are warning that the cryptocurrency rally could cause a Bitcoin crash
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JPMorgan Strategists Warn Crypto Rally Could Cause Bitcoin Crash
Strategists from JPMorgan Chase & Co are now suggesting that the value of Bitcoin has risen too quickly these last weeks. As such, they warn that a Bitcoin crash may follow – as the cryptocurrency’s price has surged above its ”intrinsic value”. This warning comes as many are once again turning bullish on cryptocurrencies This news comes from a fresh Bloomberg report, which details potential pitfalls with the recent spike…
Why the next crypto bull run could be even bigger than last time
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Why The Next Crypto Bull Run Could Dwarf The Last Bubble
There is currently much talk about whether or not the cryptocurrency market could return to its all-time high. Nonetheless, some factors actually suggest that the new crypto bull run could be the biggest one yet. Crypto prices have increased substantially during the last month The past month has seen Bitcoin perform a dramatic climb from trading at below $5,100 to currently trading above $8,000. However, only looking at the performance…