Why the Bitcoin price just dropped 4% in a single hour, liquidating $20 million
The Bitcoin price just dropped by more than four percent within one hour—from $9,224 to $8,851—after 52 hours of ranging with low volatility and volume.
Coinbase CEO: Solving these four problems will bring billions of people to crypto
There are currently thousands of cryptocurrencies all vying for adoption on multiple different fronts, with many being viewed as scams and fundraising schemes, while others cryptos with legitimate use cases struggle to garner any significant support.
Bitcoin’s price is “very attractive” because of this one simple indicator
Following an extended bout of sideways trading, Bitcoin and the aggregated cryptocurrency market has been able to post some decent upwards momentum, with BTC climbing above its previous key resistance level at $9,000.
These simple factors show that Ethereum is a “call option” on the future
Ethereum has seen tremendous growth since its initial launch in 2015, with the blockchain being one of the few besides Bitcoin to incur tremendous utilization while also expressing an ability to scale and adapt as the ever-changing blockchain industry continues to develop.
These two liquidity pools are critical for determining where Bitcoin trends next
The cryptocurrency market has been firmly range-bound for the past couple of days, which has been rooted in Bitcoin’s inability to garner any direction in the time following its recent break below $9,000.
