Traders Cautious as Bitcoin Plunges to a New Yearly Low: Can it Recover?

Traders Cautious as Bitcoin Plunges to a New Yearly Low: Can it Recover?

Advertisement On December 7, the Bitcoin price achieved a new yearly low, as the valuation of the crypto market fell by $16 billion within a 24-hour span. Bitcoin Price Struggles to Recover from New Yearly Low Bitcoin (BTC) fell to as low as $3,210 on fiat-to-cryptocurrency exchanges like Bitstamp and Coinbase, which led other major…

Bitcoin Price Eyes Support at $3,000 as BTC/USD Sets New Yearly Low

Bitcoin Price Eyes Support at $3,000 as BTC/USD Sets New Yearly Low

Advertisement The bitcoin price on Friday plunged 6.5 percent against the US Dollar, breaking below the flagship cryptocurrency’s previous yearly low at $3,455. The bearish cycle took another turn after the Securities and Exchange Commission (SEC) halted its decision on the VanEck’s upcoming bitcoin ETF once again. The fundamental has been treated as one of…

Newsflash: Battered Bitcoin Price Sets New Yearly Low at $3,310

Newsflash: Battered Bitcoin Price Sets New Yearly Low at $3,310

Advertisement So much for that early week recovery. The bitcoin price touched a fresh yearly low on Friday morning, driving the crypto market even further into the red as financial markets across the board continued their recent downtrend. Bitcoin had entered the day on shaky footing, with many fearing that the flagship cryptocurrency’s inability to…

Newsflash: Bitcoin Price Plummets to $3,755 to Set another Yearly Low

Newsflash: Bitcoin Price Plummets to $3,755 to Set another Yearly Low

Advertisement Twitter Facebook LinkedIn The bitcoin price on Saturday dove below the $4,000 mark for the first time in 2018, forcing the flagship cryptocurrency to a new yearly low. Technical analysts had predicted that further losses awaited bitcoin over the weekend, and those bearish forecasts were proven correct. After extending as high as $4,370 in…

Bitcoin Price Hits a New Yearly Low at $5,170; is $4,000 Inevitable?

Bitcoin Price Hits a New Yearly Low at $5,170; is $4,000 Inevitable?

Advertisement Twitter Facebook LinkedIn Within a period of 12 hours, the price of Bitcoin (BTC) has dropped from $5,560 to $5,170, to a new yearly low. After dropping to $5,750 on June 11, BTC has defended the $6,000 support level relatively well with sufficient volume and trading activity in the exchange market. $6,000 has since…

Bitcoin Stable at $6,300 But Crypto Market en Route to Yearly Low

Bitcoin Stable at $6,300 But Crypto Market en Route to Yearly Low

Advertisement On September 10, Bitcoin experienced an unforeseen spike in its price, rising from $6,190 to $6,450. Yet, the rest of the market has struggled to recover, demonstrating slow movements. On August 15, the cryptocurrency market reached its lowest point in the year at $191 billion. Over the past 24 hours, the valuation of the…

Ethereum Price Intraday Analysis: ETHUSD Drops to Yearly Lows

Ethereum Price Intraday Analysis: ETHUSD Drops to Yearly Lows

Advertisement The ethereum price  fell over 10 percent against the US Dollar at the start of this week, establishing fresh lows of 2018. The ETH/USD pair has been on a downward trend all this year, much like the other top coins including bitcoin, ripple, and litecoin. At the time of this writing, the pair has…