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Bitcoin Rises Ahead of Fed Rate Cut Today

The bitcoin price has delivered two consecutive buying sessions on the daily charts. The world’s leading decentralized cryptocurrency established a intraday high of $9,780.96 during Hong Kong afternoon. While it has slipped by minor pips by the time of this writing, a newly developing fundamental on a macroeconomic scale is suggesting bitcoin would continue its…

Bitcoin Recovers Weakly, Bearish Bias Intact

The price of bitcoin recovered slightly during Beijing morning. Nevertheless, the risks of downside remain. The bitcoin-to-dollar exchange rate late yesterday established a low towards $9,108.88, per data provided by CoinStats’ cryptocurrency portfolio management app. The pair later recovered and surged towards the $9,729.87 level. However, the upside came alongside a weaker volume rate, questioning…

Trading Ethereum in a Bear Market: Opinion

Despite being one of the most influential blockchain projects out there, Ethereum has been unable to impress investors in 2019. The second-largest cryptocurrency by market cap is down more than 26 percent in July. And regardless of an impressive YTD return of 60 percent, it remained dwarfed before bitcoin, whose yearly returns are almost triple…

Bitcoin Slips Below $10,000; Where It Would Go Next?

Bitcoin price fell on Tuesday as investors wrapped their heads around increased financial regulations. The bitcoin-to-dollar exchange rate today established an intraday low of $9864.99, down 5.67 percent on a 24-hour adjusted timeframe according to data provided by CoinStats’ cryptocurrency portfolio management app. The move downhill came as a part of a broader downtrend, which…