The price of Bitcoin (BTC) surpassed $34,700 to achieve a new all-time high after a strong overnight rally. Ether (ETH), the native cryptocurrency of the Ethereum blockchain, also surpassed $800 for the first time since May 2018. Bitcoin’s sudden rally comes as a surprise because it corrected sharply to around $30,300 on Jan. 2. Within 24 hours, BTC rose from $30,300 to as high as $34,778, a 14% rebound. BTC/USD hourly candle chart (Bitstamp) What triggered the Bitcoin and Ethereum rally? When… Source link

Bitcoin, fresh from one of the wildest years in its short history, has suddenly surged higher again, breaking through the psychological $30,000 per bitcoin level and taking bitcoin’s total value past $600 billion. The bitcoin price is up almost 10% in the first two days of 2021 alone, putting it in poll position to become one of the year’s best performing assets and helping it eclipse the market capitalization of payments giant Visa. Now, as the bitcoin and cryptocurrency community cheers… Source link

Litecoin Climbs 11% As Investors Gain Confidence Investing.com – was trading at $140.260 by 14:31 (19:31 GMT) on the Investing.com Index on Saturday, up 10.70% on the day. It was the largest one-day percentage gain since January 2. The move upwards pushed Litecoin’s market cap up to $9.118B, or 1.07% of the total cryptocurrency market cap. At its highest, Litecoin’s market cap was $14.099B. Litecoin had traded in a range of $123.153 to… Source link

Is Bitcoin a bubble? A history of its biggest bubbles, and how they deflated,… Source link

LONDON, ENGLAND – NOVEMBER 20: A visual representation of the cryptocurrency Bitcoin on November 20, … [+] 2020 in London, England. The price of Bitcoin has risen sharply in the the last two months, to a high of around 18,800 USD, gaining nearly 100% since September. This rise has propelled the price of the cryptocurrency back to near it’s all-time-high price of 20,000 USD, which it peaked at in December 2017. Since it’s inception in 2009, the price of Bitcoin has… Source link

Litecoin and VeChain lacked momentum in the market and appeared to be in a phase of consolidation and saw low trading volume. Algorand saw a breakout to the upside and targeted the $0.54 level. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin struggled to break past the $130 mark over the past few days. Its bullish momentum appeared to be spent on the shorter timeframes, as the 4-hour MACD formed a bearish crossover a few days ago and was at the neutral line at the time of… Source link

The price of bitcoin has crossed a new all-time high on Saturday morning (EST), spiking over $31k per coin. At around 8:43 a.m., bitcoin’s value climbed to $31,417 per unit with roughly $12 billion in global trade volume. Bitcoin (BTC) has surpassed the $31k price zone, and has jumped very close to the $32k range. At around 8:43 a.m. (EST), the crypto asset spiked to $31,417 per bitcoin reaching another all-time price… Source link

Bitcoin (BTC) passing $30,000 and hitting highs of near $31,000 has caused huge pain for traders betting on a bearish pullback. Cryptocurrency market overview. Source: Coin360 Data from Cointelegraph Markets, Cryptometer and TradingView confirmed that as BTC/USD peaked at $30,960 on Jan. 2, it liquidated $100 million of shorts. BTC shorters feel the burn… again Amid highly volatile conditions, Bitcoin attempted to crack $30,000 several times on New Year’s Day and overnight before finally… Source link

Bitcoin has just closed out one of the biggest years in its history, second only to the crypto-mania fueled retail rally of 2017. The bitcoin price has added over 300% during the last 12 months, climbing past its 2017 highs amid renewed institutional interest and the prospect of broader mainstream adoption. Now, as the bitcoin price hovers under the psychological $30,000 per bitcoin level, cryptocurrency traders and investors are looking for clues that might reveal how bitcoin will fare… Source link

Kenny Malone and Alice Wilder Kenny Malone and Alice Wilder Note: This episode originally ran in 2018. Plenty of people will tell you they’re getting rich off of bitcoin. They could be right. But there’s another group of bitcoin owners that aren’t so ecstatic. Because they might be rich, too, but they lost the… Source link