Bitcoin’s price fell nearly 6% in the past 24 hours to below $30,000 Thursday, continuing a descent that began at the end of last week and carried on throughout the weekend. Bitcoin hasn’t fallen below $30,000 and neared the $25,000 mark since December 2020. The last time Bitcoin briefly spiked above …
The country has proscribed financial institutions and payment companies from providing services related to cryptocurrency transactions and warned investors against speculative crypto trading. It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payment channels, …
Triggered by Elon Musk’s tweets and remarks on Tesla’s holding of the cryptocurrency, Bitcoin drops down to its three-month lowest of $38,000 on May 19. As per the latest data on Coinbase (at around 11.30 am), Bitcoin was trading at $38,570.90 (on May 19). This is the cryptocurrency’s lowest level …
Bitcoin rose above $60,000 for the first time on Saturday. The most popular cryptocurrency around the globe is breaking records this year. At 11:49 GMT, Bitcoin hit an all-time high of $60,012, according to CoinDesk 20. In March of last year, Bitcoin was standing at only $5,000, which later skyrocketed …