The world’s first and the largest cryptocurrency has achieved another milestone of surpassing $20,000 on Wednesday, December 16, amid a Santa rally just a week before Christmas. According to the reports, Bitcoin (BTC) rose as much as 7% to $20,787 on Wednesday.
The Ethereum price continues to maintain its uptrend, albeit with reduced momentum. The $600 level seems far-fetched, but analysts are confident of more upside.
After two quarters of Bitcoin bulls emerging, hints are pointing to an end of what has been an epic rally. While there are mere indicators, fundamentals
The long-awaited Mt. Gox rehabilitation plan nears its deadline set for December 15, causing immense fear for Bitcoin investors. With 150,000 BTC at stake, market participants
The Bitcoin price is steady, firm under the expectation of bulls. After stellar performances in the last few weeks, the coin has the attention of Wall
According to Glassnode, an on-chain market analysis platform, 19.6 million Bitcoin were active in November 2020 sending or receiving BTC. That was the third-highest number ever for a single month, following December 2017 and January 2018. In December 2017 and January 2018, these numbers were 21.64 million and 19.67 million respectively.
As Bitcoin reached prices that were last seen at the high of 2017’s bull run, the leading cryptocurrency’s market cap hit $352 billion and surpassed JPMorgan.
Jay Clayton of head of the United States Securities and Exchange Commission (SEC) made a confession on CNBC’s Squawk Box. He admitted the current payment mechanism
On Wednesday, November 18, 2020, Bitcoin price crossed $18k and reached $18,249 before coming falling back to $17,600 at the time of writing. These price levels have not been seen since the all-time high three years ago in 2017 when BTC price reached $20,000. According to CoinMarketCap, Bitcoin’s current market cap is currently hovering at around $325 billion at the time of writing.
The Bitcoin price, for the first time in three years, is trading above $16,000. Bulls are in charge and coupled with several fundamental factors including the
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