Bitcoin is now officially above $7,000.
It was just 5 days ago that Bitcoin was a bit shy of $6,000.
In less than 2 months, the price has doubled.
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Despite the downfall, Bitcoin managed to close above $14,000. We are now inching close to $16,000. Bitcoin extended its recovery from last week’s lows of below $12,000. In just a week, Bitcoin lost almost $10,000 of its value. It fell from the all time high of $19891 to last week’s…
Bitcoin fell as low as $8,400. More worries about the increased regulation in India and the potential price manipulation at Bitfinex exacerbated the decline today. Bitcoin’s prices could have been artificially inflated because of something called, Tether. In December, the Commodities and Futures Trading Commission (CFTC) issued a subpoena to…
Bitcoin is hanging above the $10,000 mark after touching the $9,945 low earlier today. It appears that the threats from South Korea banning the Bitcoin trading has subsided. However, it didn’t really give the Bitcoin bulls a much needed lifeline. It has been trending lower since Sunday. South Korea is…