Bitcoin 

Gold Breakout Could Jolt BTC Above $12K, Say Analysts

Bitcoin (BTC) price remained fairly buoyant on Aug. 13 despite a fresh delay of an exchange-traded fund (ETF) by United States regulators.  Market visualization. Source: Coin360 Bitcoin price unfazed by Bitcoin ETF delay Data from Coin360 showed BTC/USD clinging to support above $11,000 Tuesday, as the fallout of another delay to a Bitcoin ETF hitting the market appeared to impact markets less than ever before. Bitcoin was down 0.22% at press time, while 7% weekly losses contrasted with the cryptocurrency’s best weekly close of 2019 set over the weekend. Bitcoin…

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Ethereum 

Bitcoin Price Flash Crashes by $700 in Minutes Back Below $12K

The top 20 cryptocurrencies are seeing mixed movements as Bitcoin (BTC) suddenly flash crashed in minutes from $12,300 to as nearly $11,600. Market visualization. Source: Coin360 Nevertheless, Bitcoin price is still currently up by 1.5% on the day, trading at around $11,813 at press time, according to Coin360. Looking at its weekly chart, the coin is up by about 24.33%. Bitcoin 7-day price chart. Source: Coin360 As Cointelegraph reported yesterday, the CEO of crypto payments firm Circle, Jeremy Allaire, suggested that macroeconomic turmoil is responsible for Bitcoin’s recent growth. Ether (ETH)…

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Bitcoin 

Bitcoin Price Reclaims $12k as Dominance Highest Since April 2017

Bitcoin (BTC) price has retaken $12,000 in a final push following several days of intense upwards price action. Bitcoin 7-day price chart. Source: Coin360 Bitcoin bulls reverse multi-week downturn Data from Coin360 showed BTC/USD hitting $12,142 on Aug. 6, bringing its weekly gains to over 25%.  The pair is now trading at its highest since July 11, and comes amid continuing tensions in the trade war which began between China and the United States.  Combined with unrest in Hong Kong and the U.S. designating China a currency manipulator this week,…

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Cryptocurrency 

Bitcoin Back Near $12K As BTC Shorters Lose $44 Million in One Morning

Bitcoin price (BTC) reached $12,000 on some exchanges on July 8 after a fresh uptick saw daily gains top another 6%.  Market visualization courtesy of Coin360 Data showed BTC/USD just hit its latest significant psychological level in trading at press time, having begun the day below $11,500.  On major exchanges, USD spreads meant bitcoin was yet to reach $12,000 universally, with Bitfinex the first to record the higher price point, topping out at $12,040.  Bitstamp, traditionally one of the more conservative price trackers, recorded $11,940. Bitcoin 7-day price chart. Source:…

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