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Bitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb

At 9:35 a.m. EDT on Tuesday, bitcoin reached a peak of $67,922. By 10:20 a.m., it was still riding high, trading between $66,905 and $67,101, marking a nearly 3% increase.…

Continue ReadingBitcoin Hits $67.9K Mark, Short Positions Liquidated in Wake of Price Climb

Heavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery

The price of bitcoin dipped to $58,867 on Thursday, around 2 p.m. Eastern Time, but by 8:50 p.m. it had climbed back above $60,000. The initial drop reflected heavy selling…

Continue ReadingHeavy Sell-Off Pushes Bitcoin to $58.8K, Cautious Buying Fuels Modest Recovery

JPMorgan Expects Crypto Market Recovery Beginning in August

Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin…

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Heavy Sell-Off Sees Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated

Bitcoin’s price fell beneath the $60,000 mark on Monday, declining over 6% against the U.S. dollar. At 1:30 p.m. EDT on June 24, the currency’s price hit an intraday low…

Continue ReadingHeavy Sell-Off Sees Bitcoin Drop Below $60K, Over $140M in BTC Longs Liquidated