Most of the top 20 cryptocurrencies are reporting a mix of slight gains and losses on the day as bitcoin crosses the $5,300 line.
Bitcoin Price News
Bitcoin price establishing is an interesting phenomenon and widely differs from the way the price of ordinary money is set. First of all, despite popular belief, Bitcoin does have a cost price. It is set as a combination of expenses on electricity, transaction fees and the installation/purchase of software. However, the price of Bitcoin is not determined by its cost price and is mostly estimated by consumer demand. It causes huge fluctuations in the price of Bitcoin, as Bitcoin has no backing, and traders are largely dependent on the news of Bitcoin’s price, multiplying volatility of the asset. As Bitcoin’s market cap is nearly $159 billion, the price of Bitcoin became an important economical factor, gathering attention from financial institutions of various kinds and stimulated the research of behavioral factors that influence the price of Bitcoin and working on ways of predicting its changes.
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The top 20 cryptocurrencies are reporting mixed movements on the day as bitcoin hovers over the $5,250 mark.
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Most of the top 20 cryptocurrencies are reporting gains on the day as bitcoin hovers over the $5,250 mark.
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Most of the top 20 cryptocurrencies are reporting discreet gains as bitcoin approaches the $5,250 mark.
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Crypto markets have registered moderate gains, remaining relatively quiet with only BSV trading in the red among all top 20 coins.
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After yesterday’s mixed movements, all of the top twenty cryptocurrencies are seeing solid green on the day to press time, with Bitcoin approaching $5,200.
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Most of the top 20 cryptocurrencies are reporting moderate gains as Bitcoin fights to stay over $5,000.
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After a bullish week, all of the top twenty cryptocurrencies are reporting slight to moderate losses on the day by press time.
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Most of the top 20 cryptocurrencies are reporting slight to moderate gains as Bitcoin approaches the $5,300 mark.
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by Ana Berman
Bitcoin is holding above $5,200, while the U.S. markets are shaky amid Trump’s threat to impose $11 billion in tariffs on EU goods.
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by Helen Partz
After briefly breaking $5,300, Bitcoin retreated to below $5,200, while most of the top 20 cryptos slipped today.
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Most of the top 20 cryptocurrencies are seeing moderate to notable gains on the day by press time, as Bitcoin climbs over the $5,100 mark.
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Most of the top 20 cryptocurrencies are reporting slight losses on the day by press time as Bitcoin hovers near the $5,000 mark.
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Fundstrat Global Advisors co-founder Thomas Lee said that Bitcoin is back in a bullish trend.
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by Helen Partz
18 out of the 20 top cryptos by market cap are in the red today, while still seeing solid growth over the past 7 days.
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