Bitcoin went through an aggressive short-covering move from its week-to-date low and rallied by up to around 13.24 percent, breaking above $55,000 on Wednesday.
Bitcoin has the potential to hit $56,000 in the coming sessions, asserted independent market analyst Josh Rager. The Blockroot.com founder said in a tweet published Tuesday that BTC/USD could keep on rallying higher based on two reasons. First, the recent approval of US President Joe Biden’s $1.9 trillion stimulus package in the Senate could assist […]
Bitcoin has an extreme potential to hold $47,000 as its support level, according to Rafael Schultze-Kraft, the co-founder/CTO of blockchain analytics platform Glassnode.
The benchmark cryptocurrency slipped 3.97 percent to $47,543 on Thursday and followed it with further declines during the early Asia-Pacific session on Friday.
Less than a month after US carmaker Tesla revealed its $1.5bn Bitcoin holdings, one of the company’s most vocal bullish investors announced that he had sold 1.8 million of its shares for clients. Ron Baron, the founder of Baron Capital, an investment management firm in New York, said his firm sold TSLA stocks for its […]
Bitcoin dropped during Asia-Pacific and European trade Thursday as rising bond yields prompted concerns that central banks may begin tightening monetary policies sooner-than-expected. The benchmark cryptocurrency fell up to 3.59 percent to $48,562, extending its decline after setting up a week-to-date high level at $52,666 in the previous session. Elsewhere in the crypto market, high-cap […]
There is nothing stopping Bitcoin from attempting to become a six-figure asset, the Magentic managing director William E. Quigley professed in an interview with CNN Business.
