Cryptocurrency Market Continues to Rebound, Reaching $420 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. For two straight days, the cryptocurrency market has continued to demonstrate signs of short-term recovery. Although volumes remain low, the price of most major cryptocurrencies like bitcoin, Ethereum, Ripple, and Bitcoin Cash remain relatively high. Bitcoin Earlier today, on Feburary 13, bitcoin surpassed the $9,000 mark for the first time since February 10. While bitcoin has not been able to recover beyond $10,000, which many analysts consider as the psychological threshold, bitcoin has recorded an optimistic weekly…

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Bitcoin Price Finds a Base at $8,000

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Bitcoin price appears to have found a base at $8,000 as it seeks to recover to its mid-December high. Bitcoin Price Finds a Base at $8,000 At this time last week, the Bitcoin price was neck-deep in the most precipitous market correction that the majority of cryptocurrency investors had ever experienced. By the end of the day, Bitcoin would plunge below $6,000 for the first time since November, leaving Bitcoin bears gleefully predicting the flagship cryptocurrency’s…

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Bitcoin Market Cap Could Hit $4 Trillion: Winklevoss Twins

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Bitcoin price has the potential to rise 4,000 percent over the coming decades, enabling the flagship cryptocurrency to one day achieve a $4 trillion market cap. Bitcoin Market Cap Could Hit $4 Trillion: Winklevoss Twins That’s according to longtime Bitcoin bulls Cameron and Tyler Winklevoss, who first invested in Bitcoin when it was valued at $120 and became the first verified “Bitcoin billionaires.” The twins have often compared Bitcoin favorably to gold, forecasting that the digital…

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Bitcoin Price Eyes $9,000 as Markets Recover from Sunday Dip

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets entered the week on a high note, as every top 100-cryptocurrency rose against the value of the dollar on Monday. The rally placed the Bitcoin price in position to surmount the $9,000 barrier, while the Ethereum price began to test $900. Altogether, the cryptocurrency market cap made a nearly $40 billion advance, from $392.8 billion on Sunday to $432.4 billion on Monday. This works out to a 24-hour increase of 10 percent, one of…

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Cryptocurrency Market Records Minor Correction as Bitcoin Falls 10%

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Within merely 24 hours after recording massive gains and peaking at $450 billion, the cryptocurrency market has fallen, recording a minor correction. Major cryptocurrencies including bitcoin, Ethereum, Ripple, and Bitcoin Cash all fell by over 10 percent. Bitcoin and Ethereum Fall 10% As CCN noted in yesterday’s report, in periods of extreme volatility, the vast majority of cryptocurrencies in the market tend to follow the trend of two major cryptocurrencies: bitcoin and Ethereum. This morning, the price…

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Cryptocurrency Market Steadily Rebounds, Surpasses $450 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. At last, after a week-long correction, the cryptocurrency market surpassed $450 billion in valuation, for the first time since February 4. While the market has been steadily recovering, it still isn’t ready to initiate strong rallies. Steady Recovery On February 10, when the market valuation of all cryptocurrencies in the market combined achieved $458 billion, the price of bitcoin peaked at $9,074 and the price of Ethereum hit $911. However, since then, the market has struggled to…

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Bitcoin Cash Price Leads the Index as Market Recovers to $400 Billion

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The cryptocurrency markets continued to advance on Thursday, but today’s returns were far more muted than the euphoric leap that greeted investors on Wednesday. The rally was largely concentrated among large-cap coins, and the Bitcoin Cash price posted far-and-away the top gains of any top-tier cryptocurrency. Altogether, the cryptocurrency market cap added approximately $11 billion, enabling it to once again climb past the $400 billion barrier. Source: CoinMarketCap Bitcoin Price Extends Its Recovery The Bitcoin price rose for…

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How Today’s Stock Markets Crash Will Affect Cryptocurrency Markets

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Over the past few days, and particularly over the past 24 hours news on Wall Street has gone from hyper-optimistic to downright depressing. One article declared we’d come to “The end of the market’s Trump honeymoon”, others are analyzing not whether or not major correction is underway, but whether or not the correction will lead to a “multiyear bear market”. The change in sentiment is startling, and it’s been almost perfectly mimicked by the crypto market. Watching…

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Bitcoin Price Falls to 80-Day Low; Robinood to Lead the Rescue?

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The Bitcoin price declined to an 80-day low on Monday but may be poised for a rebound once stock brokerage app’s Robinhood’s much-anticipated cryptocurrency trading platform goes live later this month. Bitcoin Price Declines to 80-Day Low Despite the hopes of investors, February has not brought respite to the battered cryptocurrency markets, which continue to emit a crimson hue. This morning, the Bitcoin price declined to $7,605 on cryptocurrency exchange Bitfinex, reducing the value of the flagship…

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Bitcoin Price Dip Could Get Worse Before the Inevitable Rebound

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The valuation of the cryptocurrency market has nearly halved from its all-time high. Bitcoin has declined by more than 14 percent in the past 24 hours, while Ethereum, Ripple, Bitcoin Cash, and other major cryptocurrencies fell by more than 20 percent. Throughout the past 12 months, the cryptocurrency market has experienced several 30 to 40 percent corrections. But, the latest correction is one of the worst corrections the cryptocurrency market has endured in the past year because…

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