As the title suggests, Bitcoin is now on what seems to be like a correction. From the rapid increase of the market bottom of $300 and consecutive increases to the peak of $410, Bitcoin seems to be on the decline yet again, and is currently sitting around $380.Volume has also came down again, so Bitcoin won’t be going anywhere soon. Some more sideways movement from Bitcoin for now. Ripple is still number two regarding market
After Bitcoin hit the floor at $300, things have been looking upward. The main cause for this massive downward trend was a person sold 30,000 Bitcoins, all at the $300 mark. Once that massive sell wall was ridden of, the price of Bitcoin is going up now. Subsequently, most other coins are too. As you can see from the chart above, it only proves to further reinforce what has been previously stated. The downward trend
The “flash crash” of last week has come to a screeching halt. But not all the way it seems. If we look at the chart of Bitcoin from the last week, you can see price has fallen down to the upper $370 range to lower $380 range. From there we have had upward trends that have tried to break the $400 barrier, but none have been successful for too long. Besides that, Bitcoins market has
Leaders keep their eyes on the horizon, not just on the bottom line. – Warren Bennis It cannot be overstated that Open Source is an amazing methodology. How else would it be possible to create such overwhelming innovation with such wide spread decentralization and ever increasing transparency? Even more amazing is that it now offers us choice on a level we quite simply haven’t seen before. While some might argue that too much choice is
After a steady weekend, the top cryptocurrencies are showing a minimal downtrend during Monday’s early hours. Bitcoin, Dogecoin, Litecoin and every major cryptocurrency are declining, though with the same promises to stay steady throughout the day as no major announcement or event is scheduled today. Can’t go mad if a rumor passed by though! BTC/USD At the end of April 6th (0000 UTC), the BTC/USD was trading at its two-day peak value, at around $462.