Bitcoin Price Watch: Currency Stumbles After International Speculation

At press time, the largest cryptocurrency by market cap is trading for roughly $6,800. This is about $200 less than where it’s been over the past 48 hours, and a drop of roughly three percent. One analyst claims that short sellers still have plenty of control in the cryptocurrency market. Lennon Sweeting – director of […]

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Bitcoin Price Watch: Currency Spikes to $6,500 – Many Still Believe in the Currency’s Power

Bitcoin has got everyone going back and forth. At press time, the largest cryptocurrency in the world is again trading for $6,500. The past few days have been an up-and-down journey for the asset, with prices swinging from $6,400, to $6,300, and then falling back down to $6,200 later in the week. The currency has […]

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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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