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Month: November 2017

Capped Out? Bitcoin Flirts containing Short-Term Bearish Reversal

Bitcoin prices are taking famous at press time, and will suffer a deeper reduction over the weekend, the price charts identify. Notably, truly only been a day because of the cryptocurrency clocked an perfect high of $11, 363. 99, before falling more than 10 percent to $9, 295. 79, as per CoinDesk’s Bitcoin Pace Index (BPI) . In the Asian periods, bitcoin regained some stability, moving to a high of $9,99, 681 today, before starting shed again at around 05: 00 UTC.   Finally the cryptocurrency was last thought of trading at around $9, 731. One particular decline to...

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Bitcoin Price Falls $1,000 in Minutes to Drop Below $10k

The price of bitcoin fell more than $1,000 in the span of about 10 minutes on the CoinDesk Bitcoin Price Index (BPI) today, just hours after the cryptocurrency set an all-time high above $11,000. Beginning about 19:20 UTC, sell orders began piling up on exchanges in what was perhaps one of the market’s most impressive successions of red candles in some time. After showing signs of stability at roughly $10,545 at 18:30 UTC, the price hit a low of $9,290 at 19:30. However, some exchanges were more affected than others. According to social media, the price decline coincides with reports...

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Just getting started? Ether Sets New Better Above $500

Having set fresh documentation price highs today, ethereum’s native token is looking to develop higher. Down to CoinDesk’s  benefit index , ether (ETH) moved above $500 by 12: 35 UTC and as a result hit an all-time a lot of $522 soon after. Data from  CoinMarketCap   shows ETH has already appreciated 8. 74 for each in the last 24 hours. Stepping back a bit, it’s a sharp  reversal from mid-September when prices had slipped almost 50 percent to clos $200 levels. However , them to soon regained the bid overall tone – supposedly on the backside of the...

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Overstretched? Bitcoin Price on Unsure Ground After 1, 000% Gains

Bitcoin may be  start to show signs of bull enhance exhaustion. Components CoinDesk’s Bitcoin Price Index (BPI), bitcoin (BTC) rose to a new perfect high of $10, 831. seventy-five at 05: 35 UTC. Prices moved above $10, 500 in Fernöstliche trading hours. As of just, BTC is at $10, nine hundred. The meteoric rise which has taken  year-to-date gains to at least one, 000 percent. Still, there is a need to be thorough, the latest price and mole activity suggests. The above diagram shows: A high volume price  transfer to near $10, thousand as represented by the enormous bearish...

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As Bitcoin Prices Soar, Forked Rivals Face Different Paths

Bitcoin’s stellar rally near to the $10, 000 mark seems to have boosted the prices from the recently forked spin-offs bitcoin cash (BCH) and bitcoin gold (BTG). But will they maintain that momentum? Rival cryptocurrency bitcoin cash has something of the parasitic relationship with bitcoin, in that it not only advantages from the surge in fascination with cryptocurrencies due to BTC’s amazing price rally, but it also really does see gains in rounds of correction to bitcoin prices. Bitcoin cash has gained 416 percent from Sept. levels near $300, while the parent cryptocurrency has gained 235 percent over the...

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