Bitcoin prices are bleeding
April 19, 2021
Bitcoin prices are bleeding these days, retreating aggressively from all-time highs seen earlier in the month in anticipation of Coinbase listing on Nasdaq. During the subsequent sell-off, BTCUSD plunged to early-March lows below the $50,000 figure before correcting back to the 100-DMA that arrives just below the psychological handle. as such, bitcoin is down nearly 10% since Sunday, the biggest drop on the weekly price charts since late February. The slide in bitcoin may be attributed to the rise in other coins including Ether that spiked as much as 8.5% on Thursday to a new record high above $2,560.
Popular posts
Elon Musk's Tesla has Added a Dogcoin (DOGE) Payment Form to its Website. The Meme Coin Soars.
May 6, 2024
JPMorgan's Q1 Revenue Up by 9% to $41.93 Billion, but Guidance Disappointed
April 12, 2024
Global Grain Price Recoveries Appears Excessively Bullish vis-à-vis Inventories and Weather Factors
April 24, 2024