Stuck in a rut: Cryptocurrencies hover around $350M market cap mark
Bitcoin Cash is holding above the $1,000 mark having dropped below that psychologically significant level several times although there does appear to be some support at that level
Bitcoin Cash is holding above the $1,000 mark having dropped below that psychologically significant level several times although there does appear to be some support at that level
After a promising start to the week, Monday afternoon saw another crash in cryptocurrency values once again and everything slumped by around 5-8%.
Bitcoin Cash recovered well from its slump, pushing above the $1,100 mark at one point before retracing slightly.
After reaching nearly $20,000 in December, BTC has now lost about 50% of its value--dropping to $9,000 level at the time of writing.
The cryptocurrency market endured a torrid Wednesday, when all major coins had steep corrections with some dropping as much as 20%.
Court-appointed trustee Nobuaki Kobayashi has been liquidating some of the remaining cryptocurrencies at the best possible price.
A company registered in the UK has been linked to BTC-e, which, at one point, held 3% of the global BTC exchange volume.
After a relatively positive three days, Tuesday proved to be another disaster for cryptocurrency with prices sliding by well over 10% in some cases.
BTC transaction fees are dropping, but not for the right reasons.
Around 2,170 BTC seized from different cases including some amassed from Silk Road are set to be auctioned off on March 19.
The Boston-based money manager seems to be the next investor who is getting serious about entering the digital coins market, although it’s still early days.
After several days of sideways trading and small declines, the cryptocurrency market showed considerable advances against the dollar.