Jaap Arriens | NurPhoto | Getty Images Bitcoin jumped above $50,000 Monday, at one point reaching its highest level in more than two years. The price of the flagship cryptocurrency was last higher by 4% at $50,168.36, according to Coin Metrics. Earlier, it rose to $50,334.00, its highest level since December 2021. Ether was higher … Read more
The price of bitcoin rose above $45,000 for the first time since Jan. 11, when trading of U.S. spot bitcoin ETFs began. Bitcoin was last higher by nearly 3% at $45,391.18, according to Coin Metrics, pulling crypto-related stocks higher, although ether hovered at the flat line. The flagship cryptocurrency’s move came as shares of New … Read more
An array of bitcoin mining units inside a container at a Cleanspark facility in College Park, Georgia, U.S., on Friday, April 22, 2022. Elijah Nouvelage | Bloomberg | Getty Images Bitcoin miner CleanSpark climbed on Tuesday after the company said it will acquire new mining facilities that will give it the power and infrastructure to … Read more
Cryptocurrencies tumbled on Thursday, with bitcoin falling back to $40,000. Bitcoin last traded lower by 3.6% at $41,167.14, according to Coin Metrics. Earlier, it fell as far down as $40,601.37, its lowest level since Dec. 18. Ether, which has gotten a boost in recent days while bitcoin struggled, fell too. It was last down 3% … Read more
Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of the crypto … Read more
Bloomberg | Bloomberg | Getty Images Bitcoin miners fell Thursday, giving back earlier gains, as the price of the cryptocurrency retreated in volatile trading following the U.S. Securities and Exchange Commission’s approval of the first U.S. spot bitcoin exchange-traded funds. The two biggest mining stocks, Marathon Digital and Riot Platforms, each lost more than 15%. Wall Street favorites Iris … Read more
Omar Marques | Lightrocket | Getty Images Bitcoin hovered around the flat line higher late Wednesday after the Securities and Exchange Commission gave the green light for the first-ever spot bitcoin ETFs to trade in the U.S., as expected. The cryptocurrency trimmed earlier losses and was last trading flat at $46,671.22, according to Coin Metrics. … Read more
Yuichiro Chino | Moment | Getty Images Bitcoin rose on Thursday, recovering some of its losses from the previous day, when the cryptocurrency sold off on concerns about the potential of a bitcoin ETF approval that many expect as soon as next week. The flagship cryptocurrency was last higher by about 3% at $43,870.01, according … Read more
