The bitcoin price has taken another nasty stumble, as the world’s primary digital currency is now trading below the $11,000.
Bitcoin has been trading within a reasonably tight range after its recent decline. Will the cryptocurrency suffer further.
Amid multiple warnings over the world’s reserve currency, Bitcoin stands to gain if recent macro correlation remains intact.
Bitcoin price is in consolidation, but IntoTheBlock on-chain data shows that recovery above $11,000 is in the offing.,
This is turning into one miserable week for Bitcoin and pretty much every other cryptocurrency as prices plunge to new.
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4 days ago.
Non-USD BPI prices are implied based on rates obtained via openexchangerates.org. CONVERSION RATE AS PER BITCOIN PRICE INDEX Last.
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Bitcoin topped $12,000 early in the week before falling off a cliff Wednesday and Thursday, sinking as much as 17% toward $10.