Tag Archives: Bitcoin

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…

Bitcoin prices fell significantly due to its exposure to strong profit-taking, after a series of record gains approaching $60,000. Technically, we are biased towards negativity due to the obvious negativity of Stochastic, in addition to the negativity of the simple moving averages. We await confirmation of breaching 48,350 support, targeting …

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% …

Trading tended to be negative but still limited after several consecutive sessions of the record highs. On the technical side, we tend to be negative, but cautiously, relying on trading stability below 51,400 accompanied by signs of losing the RSI’s bullish momentum. Confirmation of breaking 51,090/51,060 puts the price under …