Bitcoin price has struggled since the halving event that took place a month ago. The price has struggled to move...
Bitcoin – BTCUSD
In this section, you will find important Bitcoin news, actionable trading ideas, and a live Bitcoin (BTCUSD) chart to help you understand the markets better.
Bitcoin (BTC) was the first cryptocurrency to turn mainstream. It is a peer-to-peer system that is controlled via blockchain technology. There is no bank or administrator controlling the digital currency. Bitcoin can be used to buy and trade on crypto exchanges, and is traded against the world’s major currencies such as the USD (BTCUSD). Bitcoins are stored in electronic wallets, which depend on private keys and cryptography. The private key is to manage your Bitcoin wallet while the public key is used to send and receive Bitcoin.
As Bitcoin transactions occur, records must be logged into the digital system called the Blockchain, but these logs are be done by sophisticated computer systems. Those who own these systems can allow their computer to log these records into the Blockchain and as a reward for their time and service, they receive Bitcoin.
There are a growing number of businesses and individuals using Bitcoin. This includes businesses like restaurants, hotels, and law firms, as well as popular online services such as Namecheap, Overstock.com, and Reddit. While Bitcoin remains a relatively new currency, it is growing fast. Therefore, relatively small events, trades, or business activities can significantly affect the price. In theory, this volatility will decrease as Bitcoin markets and the technology matures.
Bitcoin prices may have avoided a major hit in 2018, as John Bolton alleges that US President Trump tried to ban Bitcoin. Sign up to find out more.
The $10,000.00 psychological handle has remained to be elusive for bitcoin price. As of this writing, BTCUSD is down by 3.21% as it trades around $9,433.96.
Strong whale activity is helping to drive Bitcoin prices higher. BTCUSD is up nearly 2.86% on the week after some...
Bitcoin price continues to struggle in finding enough bids to rally towards the $10,000.00 handle. Last week, BTCUSD closed with a 4.13% loss at $9,329.99.
Bitcoin price rebounds today from the 50-day moving average after yesterday’s sharp losses. The number one cryptocurrency breached yesterday the upward trendline which started since the March lows.
Bitcoin price retreat today but keeps the positive momentum as it approaches the 10,000 mark. Bitcoin continues to find support...
Remember the rising trendline I pointed out on bitcoin price yesterday? Well, support is still holding. Can BTCUSD rally up to $10,000.00 today?
The $10,000.00 handle remains to be elusive for bitcoin price. As BTCUSD clings to support at the rising trendline, can it finally rally today?
Bitcoin price seesaws around the unchanged level after yesterday’s sharp reversal from 9,356 the daily low. The number one cryptocurrency...