Bitcoin and other digital coins steadied on Friday after posting some of the biggest declines since the onset of the pandemic, a selloff that stoked fresh questions about this year’s boom in cryptocurrencies.
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Bitcoin plunged on Thursday, slamming the brakes on a blistering rally and sparking a sell-off among smaller digital coins. Bitcoin slumped as much as 13% to its lowest since 16 November.
Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100 000 in a year.
Digital currencies ethereum and XRP soared on Monday, gaining momentum as bitcoin powered on towards its all-time high.
Bitcoin mania is back and with it the return of sky-high predictions from celebrity crypto fund managers to Wall Street stalwarts of where it can go next.
It’s been a long time coming, but it looks like the sheriff has finally arrived to the Wild West that is the crypto market in South Africa.
The run-up in bitcoin has revived the jargon used by investors. If you’re not sure what a debate between “hodlers” and “weak hands” means, or have forgotten, here’s a guide or refresher.
Bitcoin has topped $18 000 for the first time since just after the burst of the cryptocurrency bubble almost three years ago with many market watchers now expecting it to reach a record high soon.
Bitcoin has broken the $17 000 level for the first time since just after the burst of the cryptocurrency bubble almost three years ago.
Three years ago, bitcoin’s historic surge dominated dinner conversations. This year, the cryptocurrency is in the midst of another notable rally and yet almost no one’s talking about it.