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 […]
Tag: ETF
Bitcoin slipped toward $79,000 during Asian trading on Wednesday as investors locked in profits following a powerful week-long rally that pushed the worlds largest cryptocurrency up about 23%. Bitcoin fell nearly 1% on the day, while several major altcoins recorded steeper losses. XRP led the decline, dropping more than 4% to just above $1.44. Despite […]
By Jordan Lyanchev Bitcoin completed a remarkable turnaround in the past week, surging from under $65,000 on Wednesday to a three-month high above $81,000 earlier this morning. The move began abruptly on August 19, accelerated in the following days, and, unlike the previous breakout attempts, was not halted painfully in its tracks. Obviously, something changed […]