Bitcoin 

Bitcoin Price Falls Below $9K as Bears Back in Control Eyeing $8.2K

Bitcoin price (BTC) fell almost 5% on Monday morning, finding lows of $8,593, completely reversing the weekend recovery back above the $9,000 handle and below the lows of the prior week. As we have seen recently, all other major cryptos have followed suit, with Ether (ETH) managing to perform better against the U.S. dollar than its peers, but still losing value.  With a poor start to the week, let’s dive into the charts to see if an end to the bleeding is in sight for Bitcoin, which continues to lead…

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Bitcoin 

Bitcoin Falls Below $9,000 as Price Teases Trading Corridor Breakdown

Bitcoin (BTC) price lost support at $9,000 on Nov. 8 after several days of downward action finally saw markets make a decisive move. Data from Coin360 showed BTC/USD breaking out of its narrow trading corridor between $9,000 and $9,500 on early Friday.  Bitcoin flickers bearish That corridor had broadly characterized the largest cryptocurrency since the end of October. A brief spurt beyond to $9,520 was soon met with resistance, while a dip into the $8,000 range was also short lived. In daily trading, Bitcoin hit local lows of $8,980 before…

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Bitcoin 

Bitcoin Price Falls Under $8K With ‘Ugly’ Scenarios on All Timeframes

Bitcoin price (BTC) fell below $8,000 in fresh choppy trading action on Oct. 16, after several days of slow grind ended in a bearish turn. Cryptocurrency market daily overview. Source: Coin360 Bitcoin greets midweek traders with $300 dump Data from Coin360 shows the largest cryptocurrency put an end to its sideways trading style on Wednesday, falling several hundred dollars in minutes. Markets at first rejected a more precipitous fall, with some exchanges showing Bitcoin reversing at exactly $8,000.  At press time, those levels had given way again, under pressure while…

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Bitcoin 

Bakkt Trades 18 BTC in First 7 Hours as Bitcoin Price Falls Below $10K

18 Bitcoin (BTC) in volume has been traded since the launch of Bitcoin futures on the Intercontinental Exchange (ICE)’s Bakkt platform yesterday, Sept. 22. The much-anticipated contracts — the first of their kind to be physically settled in Bitcoin — went live at 8 PM EST on Sept. 22 (00:00 UTC Sept. 23). The first hours Bakkt ™ Bitcoin (USD) Monthly Futures Contract. Source: ICE As of the most recently available data at the time of writing, 18 BTC has been traded, with a last recorded trading price of $10,…

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Bitcoin 

Bitcoin Falls Under $9,600 as Most Altcoins See Major Losses

Sunday, July 28 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, at the same time that Bitcoin (BTC) fell below the $9,600 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by 5.2% on the day, trading at $9,538 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 12.68%. Bitcoin 7-day price chart. Source: Coin360 The Bank of China, one of the four biggest state-owned commercial banks in the country, recently released an infographic on…

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Ethereum 

Bitcoin Falls Under $10,400 as Major Altcoins See Double-Digit Losses

Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark. Market visualization courtesy of Coin360 Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart, the coin is down by 7.23%. Bitcoin 7-day price chart. Source: Coin360 Ether (ETH) is holding onto its position as the largest altcoin by market cap, which currently stands at $24.8 billion. The…

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Bitcoin 

Bitcoin Falls under $11,450 as US Stock Market Sees Minor Downturn

Saturday, July 13 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $11,450 mark again. Market visualization courtesy of Coin360 Bitcoin is currently down by over 1% on the day, trading at around $11,430 at press time, according to Coin360. Looking at its weekly chart, the coin is up by almost 3.8%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, the Chairman of the United States Federal Reserve has said that almost nobody uses Bitcoin for…

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Blockchain 

Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Downturn

Tuesday, July 2 — most of the top 20 cryptocurrencies are reporting moderate losses on the day by press time, as Bitcoin (BTC) hovers over the $10,600 mark again. Market visualization courtesy of Coin360 Bitcoin is currently up by about half of a percent on the day, trading around $10,649 at press time, according to Coin360. Looking at its weekly chart, the coin is down by about 3.63%. Bitcoin 7-day price chart. Source: Coin360 According to a recent report from equity research platform Seeking Alpha, Facebook’s new cryptocurrency project really can…

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Blockchain 

Bitcoin Falls Under $10,800 as US Stock Market Sees Minor Uptrend

Monday, June 17 — most of the top 20 cryptocurrencies are reporting significant losses on the day by press time, as Bitcoin (BTC) falls under the $10,800 mark again. Market visualization courtesy of Coin360 Bitcoin is currently down about 19.67% on the day, trading around $10,695 at press time, according to Coin360. Looking at its weekly chart, the coin is up 13.28%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported earlier today, Fundstrat Global Advisers Co-Founder Thomas Lee suggested that bitcoin’s volatility makes a long-term approach towards investing in it…

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Ethereum 

Bitcoin Falls by $1,400 After Crash of Major Crypto Exchange Coinbase

Bitcoin’s (BTC) price fell by $1,400 within minutes after a crash of United States-based cryptocurrency trading platform Coinbase. Coinbase first reported that it was investigating an issue in which its API and website were not functioning properly at 1:47 p.m. PDT on its status website.  According to the daily chart of bitcoin price on Coin360, bitcoin’s price and market cap began to plummet around 1:25 p.m. PST, just minutes before Coinbase’s first announcement. Bitcoin 24-hour price chart. Source: Coin360 By 2:13 p.m. Coinbase reported that it had identified the problem…

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