By Jordan Lyanchev Bitcoin’s rally that began a week ago culminated yesterday with a surge to over $81,000 for the first time since May, when the asset was halted and driven south by a few grand. Most larger-cap alts followed a similar trajectory, with XRP slumping by over 4%, while ZEC dumped by more than […]
Tag: BTC
By Wayne Jones Bitcoin (BTC) slipped back below $80,000 after testing the level again, with XWIN Japan pointing to profit-taking by existing holders as a major barrier on August 26. The next move may depend less on another brief test of $80,000 and more on whether fresh demand can absorb units being sold by investors […]
By Mandy Williams Bitcoin (BTC) broke higher last week, ending a multi-month range and closing near $77,700. The move followed a $62,750 weekly low, marking a nearly 24% rise as the leading cryptocurrency topped $71,000 on August 20. The rally came despite August’s historically weak performance for Bitcoin, according to the Bitfinex Alpha report. The […]