Cryptocurrency

Bitcoin returned to trade above $50,000 on Wednesday, after a sharp sell-off in the previous two sessions, after Square announced the purchase of $170 million in Bitcoin as part of its ongoing commitment to the cryptocurrency. The cryptocurrency lost 15% of its record high earlier in the week due to …

Bitcoin continued to decline on Tuesday, amid concerns that the digital currency has become overpriced following recent surges that were supported by increased institutional demand. In addition, recent remarks by billionaire Elon Musk suggested that the price of both Bitcoin and Ethereum does seem high increased selling pressure on the …

Cryptocurrencies witnessed sharp declines after record high as Bitcoin fell below $ 47,000 More to come…

The United States Treasury Secretary Janet Yellen said on Monday that Bitcoin is an inefficient way of conducting transactions, pointing once again to the dangers of speculative trading of the digital currency. Remarks by Yellen came during an interview with CNBC and in line with her comments last week that …

Bitcoin has been tumbling down since Elon Musk tweeted that its value “seems high” over the weekend. After topping $58,000 and a valuation of over $1 trillion, the most popular cryptocurrencies has collapsed over $10,000.

Bitcoin fell more than 6% today, Monday, after rising to a record high of $58,354 the previous day, as selling in global stocks hampered risk appetite. And the world’s most popular cryptocurrency rose over the weekend to record levels, nearly doubling in value since the start of the year. Its …

Bitcoin extended its gains Sunday, February 21st, jumping to a new peak as it continued its rally for two months, raising its market value to more than $ 1 trillion on Friday. The world’s most popular cryptocurrency jumped to a new record high of $58,354, with weekly gains of about …

Bitcoin rose on Friday, extending its recent rally of new surges to unprecedented record high levels. The biggest cryptocurrency rose by 6.78% over the next 24 hours to $55,584.60. The digital currency has extended its gains over the past seven days to around 17.20%. In addition, Bitcoin reassured its position …

Bitcoin hit a new record high on Friday and is moving towards achieving a market value of $ 1 trillion, ignoring analysts’ warnings that it constitutes an “economic sideways supply” and a flimsy hedge against falling stock prices. The value of the most popular cryptocurrency in the world jumped 2.6% …

Bitcoin rose above $52,000 for the first time in its history on Wednesday, February 17th, as the cryptocurrency rose to a record high of $52,340. Bitcoin was invented in 2009, shortly after the global financial crisis, with the transformation in protests against the banking system into something of “digital gold” …