Justification of Bitcoin Price Movement by Mainstream Media Is Wrong and Harmful

Over the past few weeks, the mainstream media has tried to justify the extreme volatility of the cryptocurrency market, and specifically the price movements of bitcoin, by connecting them to news. This week, several media outlets reported that the price of bitcoin had fallen from $9,000 to $8,000 due to the ban imposed by Twitter on cryptocurrency-related advertisements. … Read more

Bitcoin Price Watch: Bitcoin Endures a Small Rise

Bitcoin’s price has incurred a small jump. After yesterday’s trading lows of $6,600 – $6,900, the current mark for bitcoin’s price is just under $7,100 – a small, but noticeable step forward after what can be labeled a very tumultuous week. For the most part, however, cryptocurrencies remain in the red, with major bitcoin competitors … Read more

Bitcoin Price Watch: Currency Slumps to New Monthly Low

Another drop is in the books, and bitcoin is hovering at a monthly low of approximately $7,400. While predictions remain relatively varied, some believe that bitcoin may be heading towards a “death cross,” and that the price could drop to new levels before any serious recovery is experienced. First and foremost, a death cross occurs … Read more

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