Bitcoin was falling Monday as the world’s most popular cryptocurrency struggled to stay above the symbolic mark of $20,000. ‘Full Panic Mode’Bitcoin at last check on June 20 was at $20,385.12, up 4% in the last 24 hours. But it had fallen 23% in the past seven days. The cryptocurrency on Saturday had dropped as low as $17,592.78,…
Share to FacebookShare to TwitterShare to LinkedinTopline Bitcoin fell under $20,000 for the first time since December 2020 on Saturday as the cryptocurrency market continues to reel from job cuts, rumors about impending insolvency at major crypto firms and a steep interest rate hike by the U.S. Federal Reserve. Bitcoin fell below $20,000 for the…
Bitcoin seems to be taking a welcome break for millions of investors. The most popular cryptocurrency, has regained some life: the price was at $19,516.56 at last check, up 3.4% in about the past 24 hours as of this writing, according to data firm CoinGecko. Bitcoin had fallen on June 18 to $17,677.43 before recovering…
It’s a real debacle. Bitcoin fell below $20,000 and $19,000 for the first time since 2020, marking a week in which panic seems to be dominating the cryptocurrency market. The price of Bitcoin was at $18,766.13 at last check, according to data firm CoinGecko. The most popular digital currency was down more than 9% in the…
Stock market bottoms are usually identified in retrospect as the lowest point on the chart of a benchmark index like the S&P 500. Pexels via Pixabay; Canva What Is a Bottom in the Stock Market? In investing, a bottom refers to the lowest price a security (or an entire market, as measured by a benchmark…
The cryptocurrency market needs a break. After days of continuous tumble, the prices of digital currencies seem to want to take a break, even catch their breath. The Federal Reserve gave investors some respite by raising its rates very sharply on June 15, the biggest increase in 28 years. The central bank raised its key…
Bill Gates has never hidden that he was not a fan of Bitcoin and cryptocurrencies. The co-founder of software giant Microsoft (MSFT) – Get Microsoft Corporation Report has just reiterated his aversion to the crypto industry as the digital currency market is in disarray. Bitcoin, the king of cryptocurrencies, is now evolving at its lowest levels…
Share to FacebookShare to TwitterShare to LinkedinTopline The cryptocurrency market witnessed a major selloff on Monday morning with its overall market cap dropping below $1 trillion for the first time in over a year after major crypto lending platform Celsius announced it was suspending all withdrawals due to “extreme market conditions.” The value of Bitcoin…
Share to FacebookShare to TwitterShare to LinkedinTopline Austrian billionaire Heidi Horten died Sunday at the age of 81, the Heidi Horton Collection said in a statement, days after she opened a private museum in Vienna featuring her nearly billion-dollar art collection. Heidi Horten opened a private museum featuring her nearly billion-dollar art collection in Vienna,…
Sports’ all-time earnings leaders include two soccer stars, a tennis pro, an NBA forward, a prize fighter and a golf legend. Phil Mickelson’s rumored $200 million contract with the Saudi-backed LIV Golf tour is the latest, and largest, example of the value that sports leagues, brands and even sovereign wealth funds see in aligning themselves…