Bitcoin’s value briefly slipped below the $ 26K threshold at 5:50 p.m. Eastern Time on Thursday before swiftly rebounding past the $ 26,000 benchmark. Concurrently, the expansive crypto landscape experienced an 8% tumble against the U.S. dollar, teetering dangerously close to dropping below the $ 1 trillion threshold. Moreover, a staggering $ …
Bitcoin Cash was one of Monday’s biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point. Bitcoin Cash (BCH) Bitcoin cash (BCH) rose …
Bitcoin was once again trading below the $ 29,000 level on Thursday, as bulls retreated following yesterday’s gains. The drop appeared to come as traders secured profits, following a failed breakout of a key price point. Ethereum also edged lower today. Bitcoin Bitcoin (BTC) dropped below the $ 29,000 zone in today’s …
As bitcoin dipped below the $ 29K threshold and the overall crypto economy experienced a 1.4% decrease to $ 1.17 trillion, cryptocurrency derivatives markets underwent $ 92 million in liquidations, primarily in long positions. Cascading Effect: Bitcoin’s Fall Under $ 29K Sparks $ 92 Million in Liquidations The crypto economy, …
Bitcoin dropped below the $ 29,000 level to start the month of August, as the greenback continued to strengthen versus other G7 currencies. The U.S. dollar rose ahead of this afternoon’s manufacturing Purchasing Managers Index (PMI), which is expected to climb to a reading of 46.8. Ethereum fell to a five-week low. Bitcoin Bitcoin …