The Great Crypto Crash of 2018 looks more and more like one for the record books.
Browsing: Bitcoin
The cryptocurrency bear market has plumbed a fresh 10-month low, led by a tumble in bitcoin’s biggest rival.
Cryptocurrencies dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that broader adoption of digital assets will take longer than some anticipated.
The market’s biggest digital coins dropped sharply on Wednesday amid a report that Goldman Sachs Group is pulling back on near-term plans to set up a cryptocurrency trading desk.
Bitcoin advanced for a fourth day, exceeding $7 000 in its longest winning streak in more than a month, and with momentum indicators suggesting the rally has further to run.
Bitcoin jumped more than 5% in the span of a few minutes on Wednesday, pacing a rally in cryptocurrencies as market watchers cited potential short covering for the move.
Bitcoin recovered from the lowest level since June and scores of smaller digital tokens rallied as concern eased that investors are giving up on the virtual alternatives to cash after this year’s collapse in prices.
View the latest contribution from TechCentral cartoonist Jerm.
The Chinese company that makes most of the world’s bitcoin mining rigs – as well as a big pile of mining and crypto-trading profit – is thinking about a stock market listing
Bitcoin dropped below $6 000 and dozens of smaller digital tokens tumbled as this month’s selloff in cryptocurrencies showed few signs of letting up.