Bitcoin Price Drops Under $11K, Faces Worrying Retreat Near $9,000

Bitcoin Price Drops Under $11K, Faces Worrying Retreat Near $9,000

Bitcoin cratered on Friday, confirming that its interim downtrend sentiment is far from over.The world’s largest cryptocurrency by market cap established an intraday low of $10,761.80, down 3.38 percent from the Thursday Asian session open. The move downhill brought bitcoin’s downside correction from 2019 top to 22.40 percent. At the same time, the cryptocurrency’s market…

Ethereum Classic Jumps 10% on a Day of Crypto Markets’ Retreat

Ethereum Classic Jumps 10% on a Day of Crypto Markets’ Retreat

Advertisement Ethereum Classic today jumped 10-percent against the US Dollar, coinciding with Robinhood’s announcement of adding the coin to its trading app. The Ethereum’s unforked version had started recording gains soon after Coinbase, one of the world’s leading cryptocurrency exchanges announced that it would add the coin to its portfolio. On August 3rd, the day…