Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin, the world's biggest cryptocurrency, is down more than 50% since the start of 2022.
Nurphoto | Getty Images
Bitcoin jumped on Monday, after the cryptocurrency fell below its 2017 high over the weekend, but investors remained on edge t...
Bitcoin News / Google News Bitcoin - 2 years ago
Data shows the Bitcoin mining hashrate has already plunged down since the new all-time high as the cryptoâs price has continued to struggle.
Bitcoin Weekly Hashrate Sharply Trends Downward
The âmining hashrateâ is an indicator that measures the tota...
Bitcoin News / Google News Bitcoin - 2 years ago
SAN SALVADOR, El Salvador -- El Salvadorâs Bitcoin-boosting president has asked people to be patient after the price of the cryptocurrency fell below $20,000 â less than half the price the government paid.
According to the tracking site nayibtracker...
Bitcoin News / Google News Bitcoin - 2 years ago
Nayib Bukele, the president who helped Bitcoin (BTC)Â gain legal tender status in El Salvador, addressed the rising concerns of investors as BTC began trading for under $20,000 for the first time in 18 months.
El Salvador introduced Bitcoin as legal...
Bitcoin News / Google News Bitcoin - 2 years ago
Like clockwork, the onset of a crypto bear market has brought out the âBitcoin is deadâ crowd who gleefully proclaim the end of the largest cryptocurrency by market capitalization.
If #Bitcoin can collapse by 70% from $69,000 to under $21,000, it c...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin plunged to about $17,749 and ether fell to about $897 at around 4:15 E.T. on Saturday afternoon, as the sell-off in the crypto market accelerates. The world's two most popular cryptocurrencies are down more than 35% in the past week, as bo...
Bitcoin News / Google News Bitcoin - 2 years ago
The host of Mad Money, Jim Cramer, has predicted that bitcoinâs price will fall to $12,000. Nonetheless, he has recommended bitcoin and ether for people wanting to invest in crypto.
Jim Cramerâs Bitcoin Price Prediction
Jim Cramer, the host of...
Bitcoin News / Google News Bitcoin - 2 years ago
Over the past 12 months, interest in Bitcoin â the worldâs premier crypto currency â has increased, with BTC recording dramatic price fluctuations marked by an all-time high and large corrections.
Despite the assetâs present increasing instability,...
Bitcoin News / Google News Bitcoin - 2 years ago
The bright orange Bitcoin (BTC) logo, for over a decade, has become synonymous with financial freedom amid modern-day recession and stringent governmental oversight. However, unlike the mysteries tied to Bitcoinâs origin, the development of the Bitc...
Bitcoin News / Google News Bitcoin - 2 years ago
On-chain data shows the part of the Bitcoin realized cap held by the long-term holders has increased and is now at nearly 80%.
Bitcoin Long-Term Holders Own Almost 80% Of Realized Cap
As explained by an analyst in a CryptoQuant post, the crypto has...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin (BTC) rose above $21,000 in European hours today as broader financial markets in Europe and Asia advanced after Fridayâs open.
The recovery followed a record nine-day slide that caused the bitcoin price to fall from $31,000 in early June...
Bitcoin News / Google News Bitcoin - 2 years ago
It has been a rough week for crypto investors.
After briefly dipping to $20,293 per unit early Friday, the bitcoin (BTC-USD) price has fluctuated between $20,000 and $21,200 and is currently trading at $20,591, a loss of 2.37% in the last 24 hours a...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin and the overall cryptocurrency market have been experiencing one of the most critical moments since 2018, wiping more than $1 trillion in market value since early 2022.
The current crisis has triggered a wave of panic in the community, with...
Bitcoin News / Google News Bitcoin - 2 years ago
By Joe TidyCyber reporter
Image caption,
Many shops make clear to customers that they accept Bitcoin
Cryptocurrencies have continued to tumble this week with billions wiped from the value of tokens like Bitcoin. The crash is affectin...
Bitcoin News / Google News Bitcoin - 2 years ago
Cryptocurrencies have rallied following the announcement of a 75 basis point hike by the U.S. Federal Reserve. With inflation in the U.S. soaring past 8.6% in May 2022, the Fed made the the most aggressive rate hike in 28 years yesterday.
Bitcoin (B...
Bitcoin News / Google News Bitcoin - 2 years ago
Despite the cryptocurrency market's prolonged bearish trend, some of its most ardent supporters have not been discouraged. This includes the president of the Central African Republic (CAR), who remains bullish on Bitcoin (BTC) and crypto.
Understan...
Bitcoin News / Google News Bitcoin - 2 years ago
Bitcoin has been closely correlated with stock indexes, in particular the Nasdaq, which rose on Wednesday after the U.S. Federal Reserve hiked interest rates by 0.75 percentage point. That's one reason why bitcoin rose slightly on Thursday.
STR...
Bitcoin News / Google News Bitcoin - 2 years ago
El Salvador has invested heavily in bitcoin and related infrastructure in a bold plan to build its economy around the cryptocurrency, but now its value has plummeted
Technology | Analysis 16 June 2022
By Luke Taylor
A bitcoin sign in the window...
Bitcoin News / Google News Bitcoin - 2 years ago
The Federal Reserve of the United States increased interest rates by 0.75 percent on Thursday, the single biggest increase in three decades. However, the central bank has indicated that additional increases are forthcoming later this year.
Bitcoin f...
Bitcoin News / Google News Bitcoin - 2 years ago
Key Insights:
Bitcoin miners sent a record 88,000 BTC to exchanges on Wednesday.
Mining profitability has slumped 80% since the November market peak.
A final capitulation could occur when miners offload these assets.
Bitcoin miners are an es...