BITCOIN Archives - Page 109 of 127

November 28, 2021

Bitcoin Mining Difficulty Expected to Drop Amid Intense FUD-Induced Sell-Off

The Bitcoin (BTC) hash rate has shown significant volatility recently, mimicking the erratic pattern of the asset’s price. The fiat value of the benchmark cryptocurrency has triggered a slowdown in the network’s processing power as we head into the end of November. A few days ago, reports showed th...

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November 25, 2021

Bitcoin Steadies as Third-Largest Whale Acquires 6,665 BTC in Two Weeeks

New reports show that the third-largest Bitcoin (BTC) whale has accumulated over 6,600 coins (worth $379.5 million at press time) in the last two weeks, amid a 10% slump in price within the same timeframe. Analysts show that this particular account tends to sell when BTC’s price increases significa...

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November 24, 2021

Bitcoin (BTC/USD) Price Keeps Retracement Close to $55,000

Bitcoin Price Prediction – November 24The downward movement in the BTC/USD market has led the crypto-economic price to keep retracement close to the $55,000 trading line. The rate of percentage of the crypto trade down turning observed at about 1.88 negatives, trading around $56,596 as of writing. ...

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November 23, 2021

Bitcoin Remains Under Tense Bearish Pressure Despite Positive On-Chain Metrics

Bitcoin (BTC) has remained under intense bearish pressure for the past few weeks as it recently fell to the $56K level. That said, the benchmark cryptocurrency’s on-chain metrics show signs of accumulation. On-chain analytics provider Glassnode recently reported some positive data for Bitcoin, noti...

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November 21, 2021

Bitcoin (BTC/USD) Market Holds In the Psychological Zones

Bitcoin Price Prediction – November 21As of the writing of this crypto-economic article, the BTC/USD market holds in the psychological zones of $60,000 and $55,000. The impact of the volatile corrections is still relatively on by the market. Price witnesses a reduction, trading around $58,951 at a ...

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November 21, 2021

Bitcoin Records Upward Difficulty Adjustment as Hash Rate Nears All-Time High

Over the last ninety days, the Bitcoin (BTC) hash rate has recorded a steady increase to its recent all-time high recorded in May. That said, the booming hashrate has triggered a ripple effect in the network’s difficulty, as its mining difficulty has seen an upward adjustment nine consecutive times...

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November 18, 2021

Bitcoin Overall Bullish Outlook Remains Intact Despite Recent Crash Below $59K

Bitcoin (BTC) has dropped by 10.2% since November 15 as bears keep the pressure. Despite the prevailing intense bearish pressure, the benchmark cryptocurrency appears to have found unmoving support, preventing further slides. Analysts assert that BTC now resides within a tight range around the crit...

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November 17, 2021

Bitcoin (BTC/USD) Market Pushes to the Downside

Bitcoin Price Prediction – November 17The market operation of BTC/USD currently pushes to the downside, having reached some higher resistances in the last couple of trading days; sessions. The crypto-economic price keeps the trading pace at around $59,175 at a negative percentage rate of about 1.83...

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November 16, 2021

Bitcoin Crashes Below $60K as Broader Market Plummets

Bitcoin (BTC) and the rest of the cryptocurrency market fell sharply in the early hours on Tuesday, as the benchmark cryptocurrency dropped below $60K, to its lowest point in November. At press time, the cryptocurrency trades down by over 10% at $59,150 and down by 13% over the last seven days. The...

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