Bitcoin Price Watch – BTC/USD Shows Signs of Reversal, Back Above $6,500

bitcoin price watch btc usd shows signs of reversal back above 6500

Bitcoin price bounced backed slightly on Friday morning amid a market-wide crypto recovery, settling above the $6,500 price level. A reversal is likely the result of a decision handed down yesterday by the Securities and Exchange Commission (SEC), which ruled that Ethereum is not a security. The price of Ethereum also shot up by 10% in response to the SEC decision. Previously, investors had been put off by reports in May that regulators were debating whether Ethereum, the world’s second-largest cryptocurrency by market capitalization, could be considered an equity. Even…

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Ethereum Price Watch – ETH/USD Crashes Below $500, Faces Tough Climb

ethereum price watch eth usd crashes below 500 faces tough climb

Key Highlights: Ethereum continued its decline on Thursday, crashing below the pivotal $500 level to a one-month low. ETH/USD is currently on a downward trend testing a major support level at $460. A major resistance level has been established at $490. ETH/USD Facing Tough Climb Following a sharp decline in the cryptocurrency market this past weekend, Ethereum continued its decline on Thursday morning, crashing below the pivotal $500 price level and hitting a one-month low of $459. The digital currency is currently trading at close to $466 and trapped between…

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Bitcoin Price Watch – BTC/USD Decline Continues, Now Below $6,500

bitcoin price watch btc usd decline continues now below 6500

On Wednesday morning, Bitcoin continued its decline from earlier this week, falling below the pivotal $6,500 price point. The cryptocurrency is now trading at around $6,400. Its price fell by approximately 17% over the past seven days and by 75% through 2018. Bitcoin Continues Decline, Testing New Support Continuing its decline from this past weekend, Bitcoin price fell below the critical $6,500 level. BTC/USD is now on a bearish trend testing a new support at $6,340. Another bearish trend line formed earlier at its resistance level of $6,550. As a…

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Bitcoin Cash Price Watch – BCH/USD Sinks Further, Hits Three-Month Low

bitcoin cash price watch bch usd sinks further hits three month low

Key Highlights: Bitcoin Cash declined further on Wednesday, falling to a three-month low of $800. BCH/USD has since bounced back to the $820-$830 price range. The cryptocurrency is on a major bearish run, establishing a major support at $820. Bitcoin Cash Sinks Further, Reaches Three-Month Low On Wednesday, Bitcoin Cash continued its decline from earlier this week, even hitting a three-month low of $800 for a brief moment. BCH/USD has since bounced back, now trading in the $820-$830 price range. The cryptocurrency market is strongly bearish right now, and selling…

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Bitcoin Price Watch – BTC/USD Holds Support, Volatility On The Decline

bitcoin price watch btc usd holds support volatility on the decline

Bitcoin price hovered around the $7,550-$7,650 territory on Friday morning. Volatility has declined since the beginning of the week, as BTC/USD has been largely trading in this range for the past seven days. BTC/USD also struggled to move past the $7,700 price point earlier today. BTC/USD Holds Support At $7,550 For most of Friday morning, Bitcoin price stayed steady in the $7,550-$7,650 range, with the lower limit being its major support level. Bitcoin has been trading in an increasingly narrow range for the past week, and volatility is on the…

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