Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin extended its slide on Tuesday, dropping more than $10,000 from its all-time high last week. The flagship cryptocurrency was last lower by 6% at $62,918.35, according to Coin Metrics. Last week it climbed to a record $73,679. The move helped drag other cryptocurrencies lower. Ether lost more than 5% and was recently trading at … Read more

Cryptocurrencies recover after bitcoin retreats from new record

Selim Korkutata | Anadolu Agency | Getty Images Cryptocurrencies bounced on Wednesday, recovering much of the losses from the previous day’s sell-off, which came soon after bitcoin hit an all-time high. Bitcoin jumped 7.2% to $66801.38, according to Coin Metrics, while ether rocketed more than 12% to $3,793.99, its highest level since January 2022. On … Read more

Ether climbs another 3% after Monday rally, bitcoin hits record

Omar Marques | Lightrocket | Getty Images Ether on Tuesday continued its march higher as the price of bitcoin took a breath. The second-largest cryptocurrency was last higher by 2.5% at $65,868, according to Coin Metrics. Earlier it rose to as high as $3,828.81, a January 2022 high. Bitcoin retreated about 3% after it hit … Read more

Bitcoin tops $66,000 as it nears 2021 all-time high

Jaap Arriens | NurPhoto | Getty Images The price of bitcoin rose to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 5% at $66,096.00, according to Coin Metrics. Earlier, it rose to as much as $66,176.00, its … Read more

Bitcoin firm MicroStrategy pops 27% as crypto stake hits $11 billion

MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images MicroStrategy‘s HODL strategy is continuing to reward investors. The company said on Monday that it acquired an additional 3,000 bitcoins for a … Read more

Bitcoin surpasses $56,000 benchmark in latest rally

The bitcoin halving is an event that happens roughly every four years where rewards to miners are cut in halve, effectively limiting supply of the token. S3studio | Getty Images Bitcoin, the world’s largest cryptocurrency by market cap, extended a rally in Asia trading on Tuesday, reaching a two-year high of over $56,000 and uplifting … Read more

Bitcoin rips through $54,000 for the first time since December 2021

Bitcoin. Nurphoto | Getty Images The price of bitcoin shot above the $54,000 level on Monday after waking up from a week of tepid trading. The flagship cryptocurrency was last higher by 5% at $54,384.81, according to Coin Metrics. At its session high, bitcoin hit $54,965.26 and reached its highest level since December 2021. “Today … Read more

Crypto market: Today

An image of bitcoin and U.S. currencies is displayed on a screen during the Interpol World Congress in Singapore on July 4, 2017. Roslan Rahman | AFP | Getty Images Cryptocurrencies fell Tuesday amid a broader market sell-off following a hotter-than-expected CPI reading. Bitcoin was down 3% to $48,535.17, according to Coin Metrics. The day … Read more

Bitcoin tops $48,000 in a big comeback to end the week

Bitcoin marched higher to end the week, with its price breaching the $48,000 level for the first time since spot bitcoin exchange-traded funds began trading. The flagship cryptocurrency was last higher by more than 4% at $47,619.00, according to Coin Metrics. Ether advanced 3% to $2,511.90. Earlier, bitcoin rose to as high as $48,207.78 for … Read more

Bitcoin breaks above $47,000 for the first time since March 2022

Bitcoin marched higher to end the week, with its price breaching the $47,000 level for the first time in almost two years.  On Friday the flagship cryptocurrency rose more than 3% to $47,222.63, according to Coin Metrics, a level not seen since March 2022. Ether advanced nearly 3% to $2,498.98.  Bitcoin trading volume and sentiment … Read more