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Summary Bitcoin (BTC) prices waivered this week as the hash rate hit new highs.Alt Coins showed relative strength in comparison to Bitcoin.Cryptocurrency markets reacted positively to signs of an economic recovery in China. The price of Bitcoin (BTC) continued its...
Summary Cryptocurrencies were flat on the week, as range-bound action persists.Bitcoin (BTC) held onto price support near the $9,000 level.Concerns remain about a second wave of the Corona Virus. Bitcoin (BTC) continued to trade in a rather quiet, choppy fashion....
Summary Investors around the world continue to focus on the latest Covid-19 numbers.Global monetary policy sees little change.Bitcoin (BTC) picked up where it left off last week and traded in a sideways manner. Bitcoin (BTC) traded in an apprehensive manner this week,...
Summary Cryptocurrencies continued to trade relatively quiet following the Federal Reserve meeting.Bitcoin briefly crossed the $10,000 level before stalling.Bitcoin (BTC) resistance lies at the psychologically important $10,000 level, while support can be found at the...
Summary Bitcoin (BTC) briefly ramped above the $10,000 level this week before getting slammed back down.Friction between the U.S and China and protests in the United States drove the news cycle.Bitcoin resistance lies at the psychologically important $10,000 level...
Stocks are back above a key level, but will they stay there? The S&P 500 rose 3 percent in the holiday-shortened week between May 22 and May 29. The index also finished its second straight positive month and closed above the psychologically important 3,000 level....
Summary Bitcoin (BTC) lifted on news that Argentina defaulted on the national debt.China announces a goal date for the digital Yuan. Bitcoin (BTC) got off to a strong start this week amid news that Argentina had defaulted on $65 billion worth of foreign debt....
Summary Bitcoin (BTC) sank 20% as the halving approached, then quickly recovered.BTC price rebounded as investors saw the halving as having a limited impact on the mining network. Market Trends This Week Bitcoin (BTC) completed the much-anticipated halving event on...
Summary Bitcoin (BTC) soared 15% on the week as the BTC halving approaches.BTC investors will be watching the psychologically important $10,000 level. Market Trends This Week Bitcoin (BTC) took on a glass-half-full view this week as cryptocurrency investors await the...