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During the last week, Bitcoin investors made the largest loss in history by selling their coins. According to BeInCrypto's analysis of on-chain indicators, the last 6 days resulted in a loss of $19.121 billion in Bitcoin.
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According to data from analytics firm Glassnode, investors have sold bitcoin (BTC) holdings worth a record $7.3 billion in the last few days, resulting in the largest dollar-denominated losses in the asset's history.
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When it comes to determining how to profit from their bitcoin investment, new investors are often perplexed. People want to make a lot of money from their investments, so they invest in bitcoin. We are all aware that bitcoin is a popular investment among global investors.
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After a dramatic loss on Saturday, Bitcoin rebounded as much as 7.6 percent to $20,404 on Sunday, signifying a comeback.
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The price of Bitcoin and Ethereum both fell by over 8% in the early hours of June 18, putting them below the feared $20k and $1k thresholds.
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As Bitcoin's ancient multi-year barrier level returns with a fury, it feels like 2018 all over again.
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On Saturday, the price of bitcoin dipped below $20,000 for the first time since late 2020, signaling that the cryptocurrency selloff is intensifying.
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Bitcoin popularity in El Salvador appears to have reached a snag recently.
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After Friday's opening, European and Asian financial markets increased, resulting in a rise in the value of Bitcoin.
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In my last update in late May, see here, I predicted that Bitcoin (BTC) would fall to as low as $23K +/-1K. The cryptocurrency is currently trading around $21,000.