Category: Market Update

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Bitcoin Dives Below $7K as Upbit Confirms $50M ‘Abnormal Withdrawal’

News that South Korean exchange Upbit had lost control of 342,000 ETH appeared to send shockwaves through Bitcoin markets, which lost $7,000 support. Bitcoin (BTC) fell below $7,000 once again on Nov. 27 as fresh selling pressure suddenly impacted already fragile markets. Cryptocurrency market daily overview. Source: Coin360 Likely exchange hack rocks BTC price Data…
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Market Mostly Trades Sideways as Bitcoin Price Hovers Around $7,200

Bitcoin price hovers around the $7,200 mark as the market remains sluggish following major losses on the week. Tuesday Nov. 26 — Most cryptocurrencies are back to trading sideways, including Bitcoin (BTC) which has not been able to find higher trading levels in the past 24 hours. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started…
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Crypto Markets Showing Mild Signs of Recovery, BTC Stalls At $7,200

Cryptocurrency markets are showing signs of recovery with mild gains, while Bitcoin is looking to gain traction above the $7,100 price mark. Monday, Nov. 25 — Cryptocurrency markets are showing mild signs of recovery, while Bitcoin (BTC) is fighting to stay above the $7,100 price mark. Cryptocurrency market daily overview. Source: Coin360 Bitcoin started the day…
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Willy Woo: $8K Bearish Bitcoin Price in ‘Unique Setup’ Before Halving

The run-up to the May 2020 block reward halving will look nothing like the last two, says Willy Woo, as bearish sentiment characterizes markets. Bitcoin (BTC) barely managed to maintain $8,000 support on Nov. 19 as analysts warn the outlook for markets is increasingly bearish.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin sheds 3.7% overnight…
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Crypto Markets Continue to Drop, Bitcoin Briefly Slips Below $8,200

Wave of red on crypto markets grows, bringing more losses among the top 20 coins and exposing Bitcoin to the new potential drop. After another sell-off earlier today, crypto markets have continued to fall, with Bitcoin (BTC) briefly dropping below the $8,200 threshold. At the time of writing, 19 out of the top 20 coins…
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Market Mostly Trades Sideways as Bitcoin Price Hovers Around $8,800

The price of Bitcoin hovers around the $8,800 price mark as the market is mostly trading sideways today. Tuesday Nov. 12 — Cryptocurrency markets are largely trading sideways with many changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the…
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Bitcoin Price Returns to $8.7K as Resistance Becomes New Bull Support

A break above $9,000 late on Sunday failed to hold, but analysts remain buoyant about the state of the market over the past month. Bitcoin (BTC) fell below $8,700 on Nov. 11 after a fresh downturn once again ended its stay above the $9,000 mark.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin tests high $8Ks…
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Bitcoin’s Price Hovers Above $9,300, While Stellar Shows 20% Gains

Stellar takes the lead with 20%, while Bitcoin’s price hovers above the $9,300 price mark and the crypto markets continue to show upward price momentum. Tuesday Nov. 5 — Crypto prices continue to show upward momentum across markets, while Bitcoin (BTC) hovers around the $9,300 price mark and Stellar (XLM) takes a shot at the…
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Market Mostly Trades Sideways as Bitcoin Price Hovers Around $9,100

The price of Bitcoin is holding above the $9,100 price mark as the market is mostly trading sideways today. Thursday Oct. 31 — Cryptocurrency markets are largely trading sideways with most changes among the top-20 coins not exceeding 1% on the day. Cryptocurrency market daily overview. Source: Coin360 Bitcoin (BTC) has been trading sideways for the…
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Bitcoin Price Tests $9K as Analyst Eyes ‘Significant’ Indicator Cross

As a light retracement sets in following the weekend’s highs, Bitcoin is nonetheless behaving “according to plan,” with its predicted range intact. Bitcoin price (BTC) was drifting towards $9,000 on Oct. 30 as the momentum behind its recent bull run appeared to wane.  Cryptocurrency market daily overview. Source: Coin360 Bitcoin ranges prior to moving average…
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