Tags : Suddenly

Bitcoin

Why the Bitcoin price suddenly fell 5% in three hours—and

The price of Bitcoin abruptly fell by over 5% in just three hours on January 10. Analysts generally attributed the volatility to an overheated derivatives market and the new upcoming weekly candle. Why some technical analysts expected this move Some traders and technical analysts anticipated Bitcoin to pullback, due to the range it has seen […]Read More

Bitcoin

Here’s why the Bitcoin price suddenly rose above $35k overnight

The Bitcoin price surged above $35,000 overnight, recording a 10% increase within 12 hours. The major catalyst behind it has likely been the aggressive accumulation of BTC from buyers on Coinbase. Throughout the past week, whenever the Bitcoin price was trading higher on Coinbase, a major rally followed. I mean, why not? 35k wall, pfff.#Bitcoin […]Read More

Market

Bitcoin Suddenly Drops 13% as Altcoins Continue to Rise

Bitcoin has shed much of the weekend’s stellar gains, as relatively cheap alternative cryptocurrencies play catchup with the crypto market leader. At the press-time price of around $29,000, bitcoin is down over 13% on a 24-hour basis, according to CoinDesk 20 data. Prices have declined by well over $4,000 in the last two hours, having […]Read More