Tags : Breaching

Bitcoin

Bitcoin Undergoes Selloff After Breaching $55,000; Breakdown Ahead?

Bitcoin prices dragged lower in the early Wednesday session by daytraders who decided to secure profits following its rally earlier this week. The flagship cryptocurrency surged to a two-week high above $55,000 as of 0100 UTC, up 13.24 percent from its week-to-date low of $49,238. Traders increased their bids on BTC/USD after the Chinese beauty […]Read More

Market

After Breaching $50K, Bitcoin Gives Up Earlier Gains

Bitcoin’s price saw a retracement of its earlier gains on Tuesday, but the market expects that it will soon resume its long-term bullish trend and push fresh new all-time highs. For a brief moment during early New York trading hours, bitcoin broke above $50,000 for the first time ever. However, at press time bitcoin’s price […]Read More