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Tag Archives: Bitcoin

Bitcoin Bounces Back Above $10,000 to Reach New 2020 High

Bitcoin prices may have dipped below the psychological $10,000 barrier in Monday night trading, but a $300 jump in less than an hour saw the cryptocurrency back above this important level. Holders will now be hoping that the former resistance turns to support and provides Bitcoin with a springboard to head for $11,000 and beyond. Having reached a high of over $10,300, the digital gold’s price posted...

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Bitcoin Breaks Above $10,000 for First Time Since September

Bitcoin has broken above the $10,000 heavy psychological resistance level, for the first time since September 2019. It peaked at $10,166 on Sunday, yielding a 40% Year To Date (YTD) rise. The rest of the cryptocurrency market has made modest gains against the dollar, with Binance Coin and Tezos posting substantial gains. Bitcoin has made substantial gains since the turn of the year. Having spent most of December...

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Bitcoin Prepares for Another Run at $10,000 As Crypto Market Turns Green

Bitcoin has reached its highest price since September 2019 today, stopping just short of $9,750. The rest of the cryptocurrency market has kept pace against the dollar, with Bitcoin Cash proving especially profitable for investors. Its price has risen nearly 15% on the day, while double digit gains have also been posted by Tezos, Zcash, NEM and Lisk. Bitcoin prices posted significant gains in January, opening the month at $7,195...

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Bitcoin Posts New 2020 High As It Pushes Past $9,400

Bitcoin added $250 to its price in less than an hour today, pushing it to a new 2020 high and its highest level since the beginning of November 2019, nearly three months ago. Bitcoin’s move was mirrored by most of the cryptocurrency market with the majority of coins seeing green over the past 24 hours. Analysts have pointed to a number of factors indicating that BTC, and indeed the rest...

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Bitcoin Price Rises Back Above $9,000 As Some Point to Coronavirus As Catalyst

Bitcoin prices broke back through the $9,000 barrier today, following a surge during late trading. The cryptocurrency had already posted gains for the day but a final surge at around 12:00 GMT added another $200 to the price. It has continued to push and is now trading at more than $9,100. Bitcoin’s current 2020 high is $9,180, which the digital gold achieved on January 19th. Although some coins saw a slight correction during Bitcoin’s final push, most have followed and posted...

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Cryptocurrency Market Turns Green As Bitcoin Passes $8,700

Bitcoin prices have seen modest gains today, increasing more than 3%, pushing through the $8,600 barrier and above $8,700, already wiping out last week’s 1% loss. Some analysts are pointing to a confluence of bullish indicators, suggesting that the next major bull run, like the one seen in 2017 that took the cryptocurrency’s price to its highest ever figure of $19,783, is on its way. Bitcoin’s bullish movement has...

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Bitcoin Bulls Struggle to Defend $8,450 and Drag Cryptocurrency Market Down

Bitcoin prices have dipped below the $8,450 support level today, and bulls will be hoping to defend this level in order to instigate a bounce back to test $9,000 resistance in the near future. Bitcoin’s slide has seen the rest of the cryptocurrency market in the red, with only a small number of significant price gains. Swipe has seen an increase of nearly 15% over the past 24 hours, against...

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Bitcoin Stumbles at $9,200 As Bitcoin SV Soars Again

Bitcoin prices breached $9,000 resistance yesterday, reaching as high as $9,198.97 before losing more than $500 in less than an hour. Prices have stabilised at around $8,600 today, and most of the crytocurrency market has remained roughly stable over the past 24 hours. Bitcoin SV is the one exception, posting 15% gains in the past 24 hours, following speculation over founder Craig Wright being Bitcoin founder Satoshi Nakamoto...

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Bitcoin Tests $9,000 Resistance As Crypto Market Turns Green

Bitcoin has reached a new 2020 high as prices tested $9,000 resistance this morning. The increase has helped push the rest of the cryptocurrency market up, with Bitcoin Cash and EOS leading the top 10 coins. Ethereum Classic, with more than 30% gains, however, has seen the biggest gains, but only a handful of the 50 biggest coins have failed to make gains on the dollar in the past 24 hours. Bitcoin prices have reached $9,000 for the first time since November 11th 2019, more than two months...

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Bitcoin Reaches New 2020 Highs As Bulls Push for $8,600

Bitcoin has reached new 2020 highs, breaking resistance at $8,500. Trading volume has increased, along with volatility, leading many traders to predict further gains with traders hoping for a daily close above $8,500. The next level of resistance is at $8,800. The rest of the crypto market has seen gains, with Bitcoin forks like Bitcoin SV leading the way. Bitcoin SV has overtaken Litecoin, once again, in market capitalization, while...

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