Bitcoin Hits $4,000 But Retraces, is Another Drop to Mid-$3,000 Next?

Bitcoin Hits $4,000 But Retraces, is Another Drop to Mid-$3,000 Next?

TweetShare On December 29, the Bitcoin price briefly surpassed $4,000, initiating a promising rally from around $3,600. In the past 24 hours, the value of Bitcoin has retraced from $4,000 to $3,800, falling to $3,688 at the day’s lowest point. The decline in the Bitcoin price led other major crypto assets such as Ripple (XRP)…

Bitcoin Cash Drops 5% as Crypto Market Retraces, Tokens Take a Hit

Bitcoin Cash Drops 5% as Crypto Market Retraces, Tokens Take a Hit

Advertisement Twitter Facebook LinkedIn After demonstrating nearly a 50 percent gain within a three-day span, Bitcoin Cash dropped five percent of its value against the US dollar. The volume of Bitcoin Cash, which hovered at around $1.4 billion on November 6, has since dropped to $950 million, by 32 percent. Still, on a weekly basis,…