Author: nmarinoff

Bitcoin Price Watch: Currency Drops to $7,300

At press time, bitcoin is trading for just over $7,300. This is a near $200 drop over the last 24 hours, and the bears are still having their way. The current sentiment is that bitcoin could fall to as low as an even $7,000 over the next few days. The currency has been dropping gradually since Sunday May 13, after it spiked to a new high of roughly $9,800. Maybe …
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Bitcoin Price Watch: Currency Spikes Up to $7,500

At press time, bitcoin has incurred a small rebound, and is now trading for roughly $7,500. This marks a $100 spike from yesterday’s price, though that, in turn, marked a $100 fall from 48 hours ago, when bitcoin had previously been trading for $7,500. Thus, while bitcoin’s new position is a move in the right direction, it’s hardly something to get super excited about. Previously, the currency had broken key …
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Bitcoin Price Watch: Currency Sits at $7,400

Bitcoin has experienced another price drop over the past 24 hours and is now sitting at just over $7,400. While the price falls have been small over the last two days (about $100 each), bitcoin remains on shaky ground, and the bears have not yet given up the reins. Analyst John Navin from Forbes says that for bitcoin to really enter an “uptrend,” it would have to strike the $18,500 …
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Bitcoin Price Watch: Currency Stumbles to $7,500

At press time, bitcoin is trading for about $7,500. This is approximately $100 less than where it stood 24 hours ago. While nothing huge, it’s a clear sign that the bears still have their hands on the reins, and it’s unclear when – or even if – the current trends can reverse themselves. The manipulation of cryptocurrency prices is a common concern amongst both traders and financial authorities alike. These …
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