Bitcoin Price Watch – BTC/USD Slips Below $8,500

bitcoin price watch btc usd slips below 8500

On Tuesday morning, Bitcoin price slipped below $8,500 once again after the cryptocurrency managed a slight comeback over the weekend. Its trading volume was not sufficient to maintain the latest bull run. BTC/USD Back Down To $8,200. The sell-off Subsides. As of 12:30 PM EST, Bitcoin price is sitting at around $8,200. However, BTC/USD is currently on another upward trend that is testing a major resistance level at $8,250. A break above that could send Bitcoin price further toward the $8,300 mark it was trading at earlier today. The major…

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Bitcoin News: Price Below $8,500; Jack Dorsey Talks BTC at Consensus 2018

bitcoin news price below 8500 jack dorsey talks btc at consensus 2018

Bitcoin (BTC) has dropped below the $8,500 mark. This is significant news, and it’s likely Bitcoin bears are going to try to drag the currency below the $8,000 mark during the remainder of the week. Will it happen, though? Only time will tell, but we can look to various mediums to see if there is any specific Bitcoin news bringing the price down today, but what may help to turn it around for the coin is Jack Dorsey on BTC— his thoughts are very interesting. Bitcoin (BTC) Daily Chart Bitcoin (BTC)…

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Bitcoin Price Watch – BTC/USD Falls Below Critical $8,500 Mark

bitcoin price watch btc usd falls below critical 8500 mark

On Wednesday morning, Bitcoin price dipped below the critical $8,500 price level as bears began to rally, potentially sending the coin further down toward $8,000 and beyond. At its lowest point today, BTC/USD reached $8,100. For the past seven days, Bitcoin value declined by about 12%. Bitcoin Could Fall Below $8,000 Bitcoin price dipped below $8,500 today, and it could fall even further later this week as another crypto selloff has begun. One of the catalysts triggering this selloff could be Microsoft Bing’s ban on crypto advertising. Bing now joins…

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Bitcoin Price Watch – BTC/USD Back Down To $8,500 Amid Market Turbulence

bitcoin price watch btc usd back down to 8500 amid market turbulence

Bitcoin price failed to maintain the $9,000 price level for the past two days, now trading at around $8,590 as of 12:30 PM EST. For the moment, BTC investors should not expect a major bullish run anytime soon as the market is still feeling the turbulent effects of possible regulatory concerns, as well as the potential global trade war launched by U.S. President Donald Trump. Another Bullish Run On The Cards? Earlier in the day, BTC/USD reached a high of $8,720 before heading back down to the $8,500 mark. It’s…

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Bitcoin Price Watch – BTC/USD Returns To $8,500, Risk Not Eliminated

bitcoin price watch btc usd returns to 8500 risk not eliminated

Toward the end of last week, Bitcoin price rallied back to the $8,500 level, and although it slid below $8,000 over the weekend, the coin managed to return to $8,500 on Monday morning. The upward movement was likely a result of Bank of England governor Mark Carney’s letter released to G20 members ahead of their meeting in Argentina tomorrow, which stated that “crypto assets do not pose risks to global financial stability at this time.” The Financial Stability Board, which coordinates financial regulations for the G20 economies and is chaired…

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Bitcoin Price Watch – BTC/USD Rallies Back To $8,500

bitcoin price watch btc usd rallies back to 8500

This week, Bitcoin price saw a continuous decline thanks to multiple new developments in the industry that could spell tighter rules against cryptocurrencies. This was highlighted by Google’s proposed ban on crypto advertising on its platform, similar to the restrictions set by Facebook in January that took the coin’s price down by 12%. However, some say that tighter regulations in the long term are good for the industry since they would “weed out” misleading or deceptive promotional practices. Hence, any pullback in cryptocurrency prices could be momentary. Moreover, the BTC…

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