Bitcoin is witnessing a minor corrective rally today, but the bulls may have a tough time regaining control, the technical charts suggest. CoinDesk’s Bitcoin Price Index (BPI) fell to $9,592.96 at 01:59 UTC – the lowest level for one week. As of writing, the BPI is seen a little higher at $10,090. It is worth noting […]

Bitcoin

Signs of bull market exhaustion in the bitcoin market may be having a knock-on effect across cryptocurrencies in general. All of the top 100 cryptocurrencies by market capitalization – bar nano, dentacoin and tether – are in the red today, according to CoinMarketCap data. Bitcoin (BTC) has dropped over 8 percent in the last 24 […]

Bitcoin

Bitcoin’s recovery continues apace, with prices passing $11,600 in the morning’s trading. According to CoinDesk’s Bitcoin Price Index, at around 07:00 UTC today, the cryptocurrency reached $11,645.12, before dropping slightly again. At time of writing, the bitcoin global average was at $11,462. Notably, price are higher over on data provider CoinMarketCap, where high prices in […]

Bitcoin

The bitcoin price has rallied 84 percent from recent lows, suggesting a bottom is in place, although a long-term bull revival is still not certain, according to the price charts Over the weekend, CoinDesk’s Bitcoin Price Index (BPI) rose to $11,279.18, its highest level since Jan. 29. As of writing, the BPI is seen at […]

Bitcoin

The crypto markets continued to mount a recovery this week, brushing aside fears of a possible lull ahead of the Chinese New Year holiday. At the close of the seven-day session, the total value of all cryptocurrencies is being reported at $471 billion by data source CoinMarketCap, up 22.65 percent from $384 billion seen last […]

Bitcoin

Bitcoin cash has rallied more than 96 percent from recent lows, but still remains trapped in a bearish pattern, the technical charts indicate. As of writing, bitcoin cash (BCH) is trading at $1,500, as per data source Coinmarketcap. The world’s fourth-largest cryptocurrency by market capitalization has appreciated by 11 percent in the last 24 hours, […]

Bitcoin Cash

Having found weak hands above the $10,200 mark in Asian hours, bitcoin has slipped back into four figures. The cryptocurrency rose above $10,000 at 17:29 UTC yesterday, but ran into offers at $10,218 and dropped to $9,865.29 at 21:59 UTC. Another attempt to score gains above the $10,000 mark ran out of steam at a […]

Bitcoin

Bitcoin’s price is back above $10,000 for the first time since December of last year, shortly after it had charted a course to record highs near $20,000. Since the Feb. 6 low around $6,116 (as per CoinMarketCap) – a correction that saw bitcoin lose 69.5 percent of its value from the all-time high – the cryptocurrency […]

Bitcoin

Litecoin (LTC) is putting on a show today amid news a group of developers may seek to fork its blockchain, the fifth-largest by total value. The cryptocurrency was last seen changing hands at $216, a one-month high, according to data service CoinMarketCap. Overall, LTC has appreciated by 33 percent in the last 24 hours, up over 100 […]

fork

Bitcoin bulls risk losing control unless prices see a convincing break above the $9,000 mark soon, according to the technical charts. Of concern is that the cryptocurrency has failed twice to hold above $8,900, as indicated by CoinDesks’s Bitcoin Price Index (BPI). Further, bitcoin also clocked a six-day high of $9,070.64 on Feb. 10, but […]

Bitcoin