It’s somewhat fitting that a down year for the cryptocurrency market is ending on a low note. Today’s prices showed red arrows all around, with the only good news being that the moderate trading volume didn’t result in a wild plunge. Perhaps that leaves hope for a good upside to come.
Bitcoin and the rest of the top ten coins resumed the downside movement today. The bitcoin price has lost 3.32% in value over the last 24 hours, and is trading at $3,672.
Bitcoin Cash (BCH), the fourth-largest cryptocurrency, led the downturn losing 10.74% of its value.
The cryptocurrency markets are trading mostly in red today, but there’s no significant price movements.
In early trading, bitcoin’s price was trying to stay above the $3,800 level. There could be additional losses towards the $3,600 level in the near term if bitcoin fails to remain above the $3,800 range.
The cryptocurrency markets’ Christmas rally has come to an end, as traders took profits following a large upsurge on Christmas eve.
In early trading, bitcoin’s price hovers around the $3,700 level after trading as high as $4,271 on December 24. Volume so far has been moderately heavy.
It’s a Christmas miracle, as bitcoin soars once again above the $4,000 mark. Okay, maybe that’s not great when it was above $20,000 at this point a year ago, but still – all rallies start somewhere.
Super heavy volume indicated no one is sleeping on bitcoin,
The crypto markets crept upward this morning in early trading, as yesterday’s down market gave way to some optimism, particularly among ethereum holders.
Bitcoin held at the $3,900 mark, up more than two percent on very heavy volume. The crawl back from the $3,100 level stalled a little bit over the last 48 hours,
The Santa Claus rally of earlier this week appears to have gotten a little distracted. Or perhaps investors needed a little extra Christmas cash.
After a spectactular run-up that saw bitcoin soar about $1,000 from its basement, the godfather cryptocurrency has apparently peaked,
The cryptocurrency markets are showing mixed colors today, but with some showing strong double-digit gains, with others falling.
After rallying above the $4,100 level yesterday, bitcoin lost 1.75% in the last 24 hours, and now is at $3,900 as investors are starting to take back some profits.
The bullish market conditions continue, as bitcoin traded today above the $4,100 level for the first time since December 3. Bitcoin’s market capitalization also hit a two-week high of $71 billion.
The biggest gainer is Bitcoin Cash (BCH), with a whopping 42.58% price increase in the past 24 hours.
The Santa Claus rally is here! Out of nowhere, a cryptocurrency market that was threatening to descend to depths that were approaching crisis level has suddenly zoomed upward.
A Santa Claus rally has been generally defined in the pre-crypto era as a rise in stock prices in the month of December,