The cryptocurrency bear market continues in earnest as Bitcoin Cash investors in particular see holdings evaporate.
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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by Helen Partz
Bitcoin’s volatility continues, the coin dropping below $3,400 soon after challenging $3,700.
- Explained
There have been rises of 1,950 percent in a year, and falls of 50 percent in a day. Here’s a look at the turbulent history of cryptocurrency.
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by Helen Partz
Crypto markets have failed to hold on to gains from Dec. 9, with Bitcoin trading below $3,500 again.
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According to the Bitcoin Volatility Index as of yesterday, Dec. 9, volatility levels on the BTC-USD market have risen three-fold on the month.
- Price Analysis
Markets are down following more delays on a Bitcoin ETF decision from the U.S. SEC. Let’s consult the charts and see how top coins are faring.
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Crypto markets have today again taken a major downturn, with virtually all of the major coins by market cap seeing double digit losses — some as high as over 20...
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An exchange says cultural and linguistic barriers are stopping blockchain technology from thriving worldwide and has launched a platform to reach the masses.
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Bitcoin has today again lost the $4,000 price point as all major coins see significant losses of between a 4 and 10 percent range.
- Market Analysis
Bitcoin closes out its worst November since 2011, while total market cap rallies well above year-to-date lows.
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The crypto markets are today back in the red, with virtually all of the top 20 cryptocurrencies seeing losses within a 4-10% range.
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Bitmain has released the Bitmain Crypto Index, designed to give both institutional and retail investors a “transparent” price benchmark.
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After the market crash, Bitcoin has soared back above $4,000, with all major cryptocurrencies seeing strong growth.
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by Helen Partz
Major coins are seeing slight losses, while the newly-forked Bitcoin SV, the ninth top crypto by market cap, is down almost ten percent on the day.
- News
by Helen Partz
Crypto markets are facing another massive sell-off, Bitcoin trades below $4,000, down almost 40 percent since mid-November.
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- Bitcoin, Ripple, Ethereum, Stellar, EOS, Bitcoin Cash, Litecoin, Bitcoin SV, TRON, Cardano: Price Analysis, Dec. 14