Bitcoin

2024 - 7 - 5

Bitcoin Rollercoaster: From Peaks to Lows

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Discover the latest rollercoaster ride of Bitcoin prices and the impact on the crypto market. Is it time to buy the dip or brace for more lows? Find out here!

Bitcoin, the flagship cryptocurrency, has been on a wild ride lately, experiencing significant price fluctuations. Recently, Bitcoin plummeted to a four-month low, signaling its worst weekly performance in a year. This downward trend was fueled by uncertainty surrounding regulatory issues and market volatility, leading to panic selling among investors.

Despite reaching all-time highs earlier in the year, Bitcoin has struggled to maintain its momentum. The crypto market was shaken as Bitcoin fell below key support levels, causing a ripple effect among other major cryptocurrencies like Ether and XRP. This downward spiral has raised concerns among traders and analysts about the future direction of digital currencies.

As Bitcoin continues to slide, hitting lows not seen since February, the market sentiment remains bearish. Traders are closely monitoring the 200-day moving average, a key indicator of market trends, to gauge the extent of the ongoing selloff. The broader cryptocurrency market is also experiencing turbulence, with liquidation fears and mounting pressure on long positions.

In the midst of the crypto meltdown, global stocks have been hitting record highs, highlighting the contrasting fortunes of traditional and digital assets. The volatile nature of cryptocurrencies, coupled with regulatory uncertainties, poses challenges for investors looking to navigate the market effectively. Whether Bitcoin will bounce back from its current lows or face further declines remains to be seen, adding to the intrigue surrounding the future of the digital asset landscape.

Did you know that Bitcoin's price hit an all-time high of $73,798 in March this year, driven by strong demand and institutional interest? Traders are closely watching for any developments that could signal a turnaround in Bitcoin's fortunes. Stay tuned for more updates on the evolving cryptocurrency market landscape!

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Image courtesy of "The Star Online"

Bitcoin slides to four-month lows, ether sinks 8% (The Star Online)

SINGAPORE: Bitcoin sank to a four-month low on Friday and was on course for its worst weekly performance in a year, hurt by uncertainty over whether Joe ...

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Image courtesy of "CNBC"

Bitcoin slides to two-month low as Fed signals it's not ready to cut ... (CNBC)

Bitcoin on Thursday fell below the $57000 mark for the first time since May 1, according to data from crypto ranking site CoinGecko.

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Image courtesy of "The Edge Markets MY"

Bitcoin falls to lowest since February even as stocks hit record (The Edge Markets MY)

(July 5): Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global stocks.

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Image courtesy of "Coindesk"

Bitcoin Drops Below 200-Day Average, Brings Bull Market Trendline ... (Coindesk)

Markets that consistently trade below the 200-day moving average are said to be in a downtrend.

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Image courtesy of "The Business Times"

Bitcoin drops for fourth day even as global stocks hit records (The Business Times)

BITCOIN sank for a fourth consecutive trading session, part of a wider crypto sell-off that contrasts with recent record highs in global stocks.

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Image courtesy of "Hindustan Times"

Bitcoin drops for fourth day as global stocks hit records (Hindustan Times)

Bitcoin shed 2.5% to change hands at about $56870 as of 9:25 a.m. Friday in Singapore, while smaller coins like Ether and XRP also nursed losses.

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Image courtesy of "FXStreet"

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin falls below ... (FXStreet)

Bitcoin (BTC) breached the weekly support level of $58375 on Thursday; as of Friday, it is trading 2.8% lower at $55314.

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Image courtesy of "Livemint"

Bitcoin price slips below $56000; Ether, Solana, other cryptos down ... (Livemint)

Bitcoin price hit an all-time high of $73798 in March, buoyed by strong demand for inaugural US Bitcoin exchange-traded funds. However, the inflows in the ...

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Image courtesy of "Coindesk"

Crypto Bulls Rack up $580M Liquidations as Bitcoin Drops 8 ... (Coindesk)

Traders previously warned of the bearish market reaction to Mt. Gox's bitcoin repayments.

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Image courtesy of "The Straits Times"

Bitcoin sinks 8% on liquidation fears, Ether slides 9% (The Straits Times)

SINGAPORE – Bitcoin sank to a four-month low on July 5, breaking below technical supports as traders anticipated the dumping of long-lost tokens from a ...

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Image courtesy of "Yahoo Finance"

Bitcoin falls to lowest since February even as stocks hit record (Yahoo Finance)

(Bloomberg) -- Bitcoin sank for a fourth consecutive trading session, part of a wider crypto selloff that contrasts with recent record highs in global ...

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Image courtesy of "Forbes"

Crashing Under $50000? Bitcoin Is Suddenly Braced For Another ... (Forbes)

Crashing Under $50,000? Bitcoin Is Suddenly Braced For Another 'Crucial' $9 Billion Earthquake After $2 Trillion Ethereum, XRP, Solana And Crypto Price Wipe Out.

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Image courtesy of "Yahoo Finance"

Bitcoin slides to four-month lows on liquidation fears, ether sinks 9% (Yahoo Finance)

SINGAPORE (Reuters) -Bitcoin sank to a four-month low on Friday, breaking below technical supports as traders anticipated the dumping of long-lost tokens ...

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Image courtesy of "Reuters"

Bitcoin set for worst week in over a year on Mt. Gox liquidation fears (Reuters)

Gox and further selling by leveraged players after the cryptocurrency's strong run. The price of the world's largest cryptocurrency slid as much as 8% on the ...

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Image courtesy of "Coindesk"

Bitcoin Traders Target $50K as Billions in BTC Selling Pressure ... (Coindesk)

The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one ...

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Image courtesy of "Coindesk"

Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash (Coindesk)

The long-term impact of the repayments may be less severe the some anticipatee, said WOO X COO Willy Chuang. Mt. Gox was one the leading crypto exchange, ...

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Image courtesy of "CNBC"

Over $170 billion wiped off cryptocurrencies as market tanks on Mt ... (CNBC)

Cryptocurrencies plunged on Friday as investors get anxious about the planned payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.

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Image courtesy of "New Straits Times Online"

Bitcoin set for worst week in over a year on Mt. Gox liquidation fears (New Straits Times Online)

SINGAPORE/LONDON: Bitcoin was set for its biggest weekly fall in more than a year on Friday, as traders fretted over the likely dumping of tokens from ...

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Image courtesy of "WIRED"

After a 10 Year Wait, Mt. Gox Bitcoin Is Finally Being Returned (WIRED)

Former customers of bankrupt crypto exchange Mt. Gox are preparing to be reunited with their lost bitcoin—and it's a $9bn windfall.

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Image courtesy of "CNBC"

Mt. Gox begins repaying bitcoin to creditors a decade after ... (CNBC)

Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago, said Friday it has begun making repayments to creditors.

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Image courtesy of "Forbes"

Bitcoin Slumps To $55000 As Defunct Exchange Mt. Gox Starts ... (Forbes)

Mt. Gox's repayments of around 140000 Bitcoins to its creditors have triggered concerns that many may try to quickly liquidate their returned assets.

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Image courtesy of "MarketWatch"

Bitcoin's selloff sends crypto-related stocks sharply lower (MarketWatch)

Stocks of cryptocurrency related companies were hit hard Friday, as bitcoin sank to more than four-month lows amid concerns that the repayment plan of...

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Image courtesy of "Livemint"

Bitcoin at four-month low: Why is the crypto market down despite ... (Livemint)

Bitcoin slumped over 8% to $53523 on July 5, below chart support of $55000, hitting a four-month low. Ether also dropped 9%, with smaller coins like Cardano ...

Bitcoin's selloff sends crypto-related stocks sharply lower (Morningstar.com)

By Tomi Kilgore. MicroStrategy's stock heads for 5th straight loss, Coinbase shares drop toward 7-week low. Shares of cryptocurrency related companies were ...

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Image courtesy of "Investopedia"

Bitcoin Falls as Mt. Gox Repayment Roils Crypto Market (Investopedia)

The trustee for the Mt. Gox bankruptcy estate began repaying creditors, roiling the cryptocurrency market.

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Image courtesy of "Coindesk"

Crypto Crash Pushes Fear & Greed Index to Lowest Since Bitcoin ... (Coindesk)

The widely-followed sentiment metric hit extreme greed levels earlier in March near the local top of the crypto market, but now is pushing its limits in the ...

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Image courtesy of "Forbes"

Bitcoin Prices Rally Nearly 6% After Plunging To Lowest Since ... (Forbes)

Armando Aguilar, an independent cryptocurrency analyst, also emphasized that multiple variables contributed to declines in the digital currency markets. “As new ...

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