Tag: Market Update

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Bitcoin Price Tackles $10.4K Level as Futures Markets Hit 5-Month High

Bitcoin is now trading at its highest levels since mid-September 2019 as a bullish rebound tops out at near $10,500. Bitcoin (BTC) tried to clear fresh key resistance at $10,400 on Feb. 12 as its rebound, which began on Tuesday, continued to produce surprises. Crypto market weekly price chart. Source: Coin360 BTC posts 7% daily…
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Bitcoin Drops $300 in Seconds Under $10K as ‘Mild Dip’ Fills CME Gap

In a now-classic move, Bitcoin abandoned higher levels just briefly to fill a gap left between two futures trading sessions this weekend. Bitcoin (BTC) fell below $10,000 on Feb. 10 as sudden volatility saw markets abandon five figures just a day after reaching them. Data from Coin360 and Cointelegraph Markets showed BTC/USD dipping to lows…
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Bitcoin Price Hits $10,000 for the First Time in 2020 — Up 40% YTD

After almost six months of waiting, Bitcoin investors get treated to $10K once again, as BTC/USD caps year-to-date returns of nearly 40%. Bitcoin (BTC) briefly hit $10,000 on Feb. 9, capping a momentous first month of 2020 to reach its highest level since October last year. BTC seals $10K after three months Crypto market weekly…
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Bitcoin Price Targets $10K as BitMex Open Interest Soars to $1.5B

BitMex Open Interest hits a new high at $1.5 billion as Bitcoin traders attempt to push the price above the $9.8K resistance. The bullish sentiment continues to build in the crypto market as numerous altcoins post double-digit gains on a daily basis. Bitcoin’s spot price (BTC) on crypto exchanges also continues to push higher with…
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Tezos (XTZ) Outperforms Bitcoin Price With 80% Monthly Gain

Tezos (XTZ) has rallied more than 80% in 2020 and the altcoin continues to stun investors as the price marches higher in its USD and BTC pair. Since the start of the year Bitcoin (BTC) has gained approximately 41% and on Feb. 5 the crypto asset thrilled investors as the price broke through the $9,500…
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Bitcoin Price Surpasses $9,700 to Hit New 2020 High

Bitcoin price reverses course to break through key resistance levels as traders now set a path for $10K. Today Bitcoin (BTC) price pushed through the resistance at $9,400-$9,500, opening the gate for bulls to stampede to a new 2020 high at $9,745.  Bitcoin daily price chart. Source: Coin360 On Feb. 4, BTC price traded slightly…
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Bitcoin Price 4-Hour RSI Flips Bullish as Traders Brace for $9.5K

Multi-month highs loom for Bitcoin investors as multiple indicators converge to suggest bullish action will continue. Bitcoin (BTC) was challenging $9,500 on Feb. 5 as traders continued to be buoyed by bullish short-term charts. RSI exits key flashpoint  Data from Coin360 and Cointelegraph Markets showed BTC/USD making fresh advances during Wednesday trading, gaining 3.7% on…
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Litecoin Price Gains 22% as Chart ‘Cup and Handle’ Targets $100

Litecoin price (LTC) led the crypto market with a 20% daily gain, leading traders to wonder if a triple-digit rally is in the making just like a year ago. On Jan. 30 Litecoin (LTC) lit up the charts in both it’s USD and Bitcoin (BTC) pars by rallying more than 20% to secure a spot…
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Bitcoin Price Drops 3% on Brexit and Coronavirus Case in the UK

The BTC/GBP pair declined by 3% as Brexit occurred and a case of coronavirus turned up in the United Kingdom. Bitcoin price (BTC) has been declining amid the recent coronavirus developments as today media reported that patients in the UK and Russia tested positive for the virus. The declining trend has been followed by major…
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Bitcoin Price Pulls Back to $9.2K, BTC Realized Cap Hits All-Time High

Bitcoin price hitting a 3-month high on rising volume hints at a bullish trend that puts $10K within reach. Bitcoin price (BTC) pulled back to $9.2K levels on Jan. 31, or almost 1% lower over the past 24 hours, after exceeding $9,500 earlier today.  “It’s over 9 thousand” BTC price hits new 2020 high The…
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