Bitcoin (BTC) dipped below $50K to $46K levels after Tesla CEO Elon Musk’s announced that the electric vehicle manufacturing company will no longer be accepting bitcoin payment for its vehicles.
Some analysts have described the Bitcoin price as a “coiled spring.” It is given the asset’s inability to crawl out of the $10k zone of the
Ether (ETH) has most recently surged above $3,000 levels for the first time and reached a new All-Time-High (ATH) of $3,163 on Monday, according to CoinMarketCap.
The Bitcoin price remains in consolidation below $60k, struggling to overcome resistance at $55k.
Bitcoin has returned to $50K after seeing a continuous downfall of 5 consecutive days. On Sunday, April 26, Bitcoin rose for the first time in six days, surging above $52,000 as bulls pushed prices higher in early Asia trading hours Monday.
![Bitcoin [BTC]](https://crypto-economy.com//wp-content/uploads/2021/04/andre-francois-mckenzie-JrjhtBJ-pGU-unsplash-e1618324096656.jpg)
After weeks of trading sideways, Bitcoin [BTC] is back with a bang. On the 13th of April, the world’s flagship cryptocurrency was being currently traded at
Bitcoin (BTC) has surged again above $60,000 levels as miners are holding newly minted coins. The world’s biggest and best-known cryptocurrency hit $61,235 on Saturday, April 10, its highest in nearly a month.
In a wave started and fueled by MicroStrategy, one of the U.S. richest real estate moguls, Rick Caruso, will begin holding Bitcoin in their balance sheets.
Ecoinmetrics, a Hong Kong-based platform providing data and insights on Bitcoin, predicts that Bitcoin will become larger than Apple as the second-largest world asset by market cap sooner than expected
The Bitcoin price is under immense pressure, down 10 percent on the last week and on the cusps of retesting a critical support level.
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