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Tag Archives: cryptocurrency

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Bitcoin leads massive cryptocurrency market sell-off

The most popular cryptocurrency, bitcoin, fell below its key psychological threshold of $50,000 on Friday morning. As of 07:05 GMT bitcoin was down nearly 10% percent to trade at around $48,800, according to CoinDesk data. The drop has stalled bitcoin’s enormous rally, and it’s currently heading for the biggest weekly …

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Bitcoin hits $60k record high as cryptocurrency’s rally continues

The cryptocurrency climbed more than five percent on Saturday, reaching $60,200 on Binance, the largest cryptocurrency exchange in terms of trading volume.  The price surge comes as the US begins distributing checks as part of a massive $1.9 trillion stimulus package. Analysts and investors have speculated that many Americans may …

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Bitcoin’s HUGE daily drop sends cryptocurrency market crashing

Despite the nearly 16-percent drop, the cryptocurrency is still up around 500 percent in the past year. The decline triggered a major sell-off across cryptocurrency markets due to growing concerns over volatility, jeopardizing the jaw-dropping rally. The second-biggest cryptocurrency by market value, ether, also plunged by more than 20 percent …

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