Bitcoin’s tumble ‘has caused a lot of technical damage’

A surge in bitcoin prices that took it well above $8,000 appears to be coming to a halt, wotj the world’s No.1 crypto asset running into sudden and sharp selling pressure within the past 24 hours. Bitcoin BTCUSD, +9.83% hit an intraday low of $6,688.78 at 11 p.m. Eastern Time on Thursday, plunging from a […]

Bitcoin Loses $15B Value in One Day

Bitcoin’s market capitalization sunk below $100 billion for the first time since October 2017 on Thursday, falling to low of $97,554,227,588 before reversing. As of 1:52 p.m. HK/SIN, the cryptocurrency’s value was $97,931,254,200 according to CoinMarketCap. Bitcoin was trading at $5,554.70 on Coinbase, the most popular bitcoin exchange, a $734.33 decline since yesterday or an […]