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cryptocurrencies News

Bitcoin drops below the $6,300 level

The price of Bitcoin (BTC) the largest cryptocoin by market cap, has been declining today and has dropped below the $6,300 level. However, it is still well above $6,000 at least for now.

XRP does best of 10 top cryptocoins over seven days

The price of XRP the third largest cryptocoin by market cap, jumped 6 percent on Monday according to CoinDesk data. This is its highest gain in 30 days.

Bitcoin is trading in a narrow range between $6,300 and $6,400

So far today, Bitcoin (BTC) is trading in a very narrow range again as it has in the past few weeks for the most part. It did drop a while ago but is still several hundred dollars above the $6,000 level.

Bitcoin had a bad October but is almost at $6,400 today

Bitcoin(BTC) has stabilized and moved up slightly but closed off the month considerably lower than at the beginning. However, it is inching up towards the $6,400 level at present.

After moving sideways for weeks Bitcoin drops down today

After days of trading between $6,400 and $6,500 Bitcoin(BTC) finally suffered a drop of nearly $200 dollars. However, given the length of time there has been low volatility and trading within a narrow range the drop is not as large a move as was expected.

Tether company destroys 500 million tether (USDT) tokens

Just before 1 PM eastern time on Wednesday, Tether, the company that issues the dollar-linked coin tether(USDT) announced on Twitter that it had destroyed 500 million of the cryptocoins.

Bitcoin above the $6,500 level but no decisive break up or down

Bitcoin's (BTC) price appears to be consolidating for now somewhat over the $6,500 level. Even though long term indicators show the path of least resistance is downward there has been no decisive break up or down so far.

Bitcoin price is trending up over the $6,500 mark again

Having dropped below $6,500 yesterday, the bitcoin price has climbed back over that mark on Saturday as it appears to be enjoying an uptrend for now.

Bitcoin price may be consolidating above the $6,000 level

So far today the price of Bitcoin is down but still well over the $6,000 mark. The range so far is rather narrow. Perhaps, the price is consolidating before another move up or down

Litecoin keeps declining and is below $55 dollars September 10

Litecoin's trajectory looks to continue downward. Since the opening today the trend has been to the downside with no end in sight so far. The price is below $54.

Bitcoin price established well above $7,000 amid bullish signs

Bitcoin's price was well established above the $7,000 level all day and close almost one hundred dollars above its open. While there was no large leap upward the trend and technical indicators show a bullish reversal.

Bitcoin price well up over $7,000 again with Saturday gain

On Saturday, bitcoin's (BTC) price swung upwards starting the day around $7,042 but after a couple of jumps reached around $7,218 at 20:15 before falling back to close at $7,192. Still this was a reasonable gain after the price recently fell below $7,000.

Bitcoin price dives down below the $7,000 level again

Bitcoin has fallen below the key $7,000 level again unable to hold its gains. It fell substantially bottoming out near $6,800 before recovering quite a bit before the close today on UTC time but still below the $7,000 mark.

Bitcoin finally breaks through $7,000 barrier

Early Tuesday morning August 28, bitcoin finally broke through the $7,000 level as it appears to be recovering even more lost ground. It had been stuck below $6,800 for almost three weeks now.

PwC survey reports adoption of blockchain technology is stalling

Regulation is proving to be the biggest sticking point in the deployment of blockchain solutions for businesses globally, with 84 percent of executives surveyed saying their companies are "actively involved" with the technology.

Bitcoin price approaches the $7,000 level late today

Bitcoin finally is testing the $7,000 level as it soared up to past $6,900 during the final hour before it closed. It is now August 28 and the trend appears upward from late yesterday afternoon.

Ethereum fails to remain above the $300 level

Today etherium's coin ether broke through resistance at the $300 to $306 levels. The 6 hour chart signals that the price should trend upward towards the $330 and $350 resistance levels.

Bitcoin manages to break through the $6,500 level briefly

Bitcoin rose today well over $6,500 after it had fallen below the $6,000 level yesterday and looked headed for a record new low for the year.

Ripple (XRP) price continues down with no sign of recovery

In spite of some good news, the price of Ripple (XRP) still seems to be in the grip of a bear market even though many other cryptocoins appear to be in at least a slight recovery.

Bitcoin struggles to stay over the $6,000 level

Bitcoin appears to be recovering slightly today as it is trading well beyond the $6,000 level after approaching that level on Wednesday with a three-week low of $6,121 on Bitfinex exchange.

Cyptocurrency market at lowest level since November 2017

Today the total capitalization of the cryptocurrency market dropped to its lowest in 2018. The drop started after the US Securities and Exchange Commission (SEC) delayed a decision on a proposed bitcoin exchange-traded fund (ETF).

Bitcoin may be in a bear market after dip below $7,500

Bitcoin has now retreated far below the $8,000 level and even dropped below $7,500 as its recent rally appears to have fizzled out and bearish conditions return.

Bitcoin has down day yesterday descending well below $8,000

A report from CoinDesk early today at 03:21 UTC notes that bears could be getting the upper-hand as at press time the price of bitcoin on Bitfinex exchange was at $7,536 down 6.9 percent on the day,.

Bitcoin price dips below $7,900 briefly but recovers over $8,000

Bitcoin (BTC) dropped below $7,900 briefly today July 30 shortly after 18:00 hours UTC but quickly rebounded to close well above $8,000.

After breaching $7,000 bitcoin price blows through $8,000 mark

Bitcoin starts the new week with a huge bull run first pushing through the $7,000 mark and today easily passing the $8,000 mark. However according to a CoinDesk article the rally could run out of steam during the next few days.

Cryptocurrency trading doesn't have to be hard Special

A new Canadian-borne cryptocurrency exchange launched earlier this week with the aim of making it easier for everyone to get involved in cryptocurrency trading. CEO Justin Hartzman sat down with Digital Journal to explain what this looks like.

Bitcoin dips close to $6,000 level before recovering

After threatening to test the $6,000 level bitcoin's (BTC) price has rebounded to a high of $6,283 after it had the other day reached down as far as $6,080 with bitcoin being oversold intraday.

Bitcoin poised to test $7,000 level this week?

A CoinDesk article posted at 11:29 UTC today claims that bitcoin's (BTC) price is flashing green, even after a somewhat down day yesterday.

Cryptocoin Ripple (XRP) price hit a new low for 2018 on June 29

On Friday June 29th the price of XRP, the third largest cryptocoin by market cap, fell below $0.43 hitting a new low for this year. It fell to $0.424 on the Bitfinex exchange at 13:00 UTC. This broke a low of $0.438 that was set just five days ago.

Bitcoin's price seems stuck in a narrow range just above $6,000

Bitcoin's (BTC) price managed to stay above the $6,000 level all day today and even closed marginally up from its open but so far has not broken out either upward or downward.
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