Bitcoin momentarily blasted above $40,000 today, doubling its previous peak set back in 2017. A huge rejection took place shortly after the level was overcome, prompting a $4,000 drop near instantly. But as eager buyers…
Bitcoin Trend Strength Suggests No End In Sight,…
Crypto enthusiasts expected Bitcoin to pick up momentum in 2020 thanks to the asset’s block reward halving mechanism. At best, investors anticipated a repeat of the 2017 rally, but the law of diminishing returns made…
Bitcoin Breaks $40,000, Then Quickly Retraces to $37,500
Bitcoin has been erupting higher in spite of the chaos in the U.S. capital. The leading cryptocurrency just moved past $40,000 for the first time ever, reaching prices 100% over where the cryptocurrency was just…
Bitcoin Hits $38,000 as Democratic Win Boosts Stimulus…
Bitcoin rallied continued during the European session Thursday as traders ignored Washington’s political unrest to focus instead on the potential for higher sovereign spending. The BTC/USD exchange rate established a new record high of $38,180,…