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Bitcoin Plummets to $7,000s: These Factors Show Where BTC is Heading Next 01/09/2020 08:00 After six days of gains, Bitcoin (BTC) experienced a precipitous drop on Wednesday, tumbling from the multi-week high of $8,460 to $7,800 in a few hours' time. While the drop was extremely steep — 8% in literal hours — prices have remained around the high-$7,000s since, leaving many to ask what's next for the crypto... The post appeared first on NewsBTC. Ethereum is Currently Undervalued Based on This Key Fundamental Metric 01/09/2020 07:18 Based on the number of unique addresses created daily, which indicates the rate of growth of Ethereum, the network is demonstrating mid-2019 levels. Yet, the price of ETH is down by nearly two-fold since then. In June 2019, the price of Ethereum was hovering at around $300. And at the time, its network growth was... The post appeared first on NewsBTC. Bitcoin Starts Corrective Decrease But Bulls Not Out Of Woods Yet 01/09/2020 06:00 Bitcoin price started a downside correction after rallying to a new 2020 high near $8,460 against the US Dollar. BTC corrected $500, but the price is still above many key supports. Bitcoin failed to continue above $8,500 and started a downside correction against the US Dollar. There was a significant correction below the $8,200 and... The post appeared first on NewsBTC. Ripple (XRP) Price & Time: Downside Thrust Before Fresh Increase 01/09/2020 05:00 Ripple was rejected near the $0.2250 resistance area against the US Dollar, similar to bitcoin near $8,450. As a result, there was a downside correction in XRP below $0.2150 and $0.2100. Ripple price is down more than 10% and it is now trading below $0.2100 against the US dollar. The price even failed to stay... The post appeared first on NewsBTC. Ethereum Corrects 5% But Here Is Why Uptrend Is Still Intact 01/09/2020 04:00 Ethereum started a downside correction from the $148 resistance versus the US Dollar, similar to bitcoin from $8,450. However, ETH price is still in an uptrend unless there is a close below $135. Ether price corrected lower after it failed to bounce from the $142 support against the US Dollar. The price is currently finding... The post appeared first on NewsBTC. Bitcoin Flashes Signs of Starting a Massive Bull Run, But One Key Hurdle Remains 01/09/2020 01:00 Bitcoin's meteoric uptrend over the past several days and weeks has allowed BTC to smash through multiple resistance levels that were previously hampering its price action, and yesterday's break above $8,000 led to a sense of euphoria amongst the cryptocurrency's bulls. Analysts are now noting that Bitcoin could currently be caught within the early stages... The post appeared first on NewsBTC. Ethereum's Rejection Could Spark a Massive Selloff; What Factors Should We Consider? 01/08/2020 23:00 Ethereum's recent uptrend reached a boiling point yesterday when the cryptocurrency rallied to highs of $148, which is the level at which ETH met significant selling pressure that led to a strong and swift rejection. The strong rejection at this level has put ETH into a downwards tailspin, even forcing it to lose its position... The post appeared first on NewsBTC. Bitcoin Accepted: This Rapper Welcomes BTC Payments and 'HODLs' 01/08/2020 22:00 It's always refreshing to hear that a company or individual is prepared to accept Bitcoin in exchange for goods and services. It's even more refreshing when they actually know enough about the cryptocurrency to want to hold it. British rapper Zuby announced earlier that he not only accepts Bitcoin payments, but that he doesn't intend... The post appeared first on NewsBTC. US Taxes Aided Bitcoin's Massive 16% Rally: Here's Why 01/08/2020 21:00 Bitcoin (BTC) has been posting strong and consistent gains over the past several days, with its recent dip to lows of $6,800 being closely followed by a massive price surge that has allowed it to gain a position within the lower-$8,000 region. There has been an abundance of different narratives regarding what could be behind... The post appeared first on NewsBTC. Bitcoin Price Plunges to $7,900: Can Bulls Save the Day? 01/08/2020 20:21 After a jaw-dropping six-day rally that saw Bitcoin rally from last week's lows of $6,850 to a peak of $8,450 — a 23% gain — momentum finally stalled in Wednesday, with the leading cryptocurrency retracing hard. Related Reading: Why Bitcoin Network's Record 2019 Is Bullish For the Crypto Market As of the time of writing this,... The post appeared first on NewsBTC. Update your subscription — Unsubscribe

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