Tags : 50K

Market

Bitcoin’s Price Volatility May Hamper Its Progress Above $50K, JPMorgan

Bitcoin’s price volatility needs to subside for the cryptocurrency to continue its stellar rally, according to analysts at investment banking giant JPMorgan. In a note on Tuesday reported by Reuters, the analysts drew attention to bitcoin‘s high volatility relative to gold, the classic inflation hedge, as an obstacle to significant gains beyond current levels around […]Read More

Market

Market Wrap: Bitcoin Rallies On After Passing $50K Psychological Level

Bitcoin broke above $52,000 Wednesday, with a market capitalization nearing $1 trillion. Bitcoin (BTC) trading around $52,231.69 as of 21:00 UTC (4 p.m. ET). Gaining 7.16% over the previous 24 hours. Bitcoin’s 24-hour range: $48,430.80-$52,536.47 (CoinDesk 20) BTC trades above its 10-hour and 50-hour averages on the hourly chart, a bullish signal for market technicians. […]Read More

Market

What’s Next After Bitcoin Hits $50K? Another $1K Gain

Bitcoin’s momentum carried through overnight, pushing upward to a new all-time high above $51,000 just a day after passing $50,000 for the first time.  “It’s not exactly soaring, as it has with other major technical breakouts, but another 3% gain isn’t to be sniffed at,” Craig Erlam, senior market analyst for the foreign exchange broker […]Read More

Market

Bitcoin se recupera de su caída y alcanza los $50K

Bitcoin alcanzó un nuevo valor máximo al superar los $50.000 esta mañana, después de haber desplazado el exceso de apalancamiento alcista en el mercado de derivados con una rápida caída del precio el lunes. Por un breve momento, y durante las primeras horas de trading en Nueva York, bitcoin superó por primera vez los $50.000. […]Read More

Market

After Breaching $50K, Bitcoin Gives Up Earlier Gains

Bitcoin’s price saw a retracement of its earlier gains on Tuesday, but the market expects that it will soon resume its long-term bullish trend and push fresh new all-time highs. For a brief moment during early New York trading hours, bitcoin broke above $50,000 for the first time ever. However, at press time bitcoin’s price […]Read More

Market

Bitcoin Tops $50K and Crypto’s Nouveau Riche Move In

Price Point Bitcoin (BTC) shot past $50,000 for the first time Tuesday to a new all-time high price. The gain took the year-to-date return to about 70%, and traders immediately began to discuss what comes next.  “We’re still in the midst of a violent bull run that will soon be more violent,” Ari Paul, chief […]Read More

Market

Bitcoin Recovers From Dip to Set New Record High Close

Bitcoin printed new lifetime highs near $50,000 this morning, having crowded out excess bullish leverage in the derivatives market with a swift price drop on Monday. The top cryptocurrency by market value clocked a record high of $49,950.93 at around 08:00 UTC Tuesday and was last seen trading near $49,280, representing a 2.8% gain on […]Read More