Bitcoin Price Watch: Currency Stands Firm at $7,600

At press time, the father of cryptocurrencies is standing its ground at $7,600. The coin has undergone no change over the last 24 hours, suggesting that present support levels are holding up, but that resistance at $7,600 is proving difficult to overpower. One source states that bitcoin is “gathering steam” to move up, and is […]

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Bitcoin Price Watch: Currency Drops Another $200

Bitcoin has dropped another $200 from yesterday, and is now trading for about $9,300. This is a $500 drop from the currency’s recent high of $9,800, proving that it was unable to test the $10K line in what was its second attempt since mid-March. While it is disappointing to see such a drop take place, there is good news afoot that bitcoin is managing to withstand present resistance levels. The currency has dropped not by $2,000 or even $1,000 – the fall incurred consists of $500. To put things bluntly, “it could have been worse.” A lot worse, and the

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