Bitcoin tumbles below $60,000 to start the week

Bitcoin tumbles below ,000 to start the week

A photo illustration depicting the cryptocurrency bitcoin. Jakub Porzycki | NurPhoto via Getty Images Bitcoin continued its descent to $60,000 on Monday, falling under that level for the first time since May 3. The price of the flagship cryptocurrency was last down 7% at $59,562.54, according to Coin Metrics. Earlier, it fell as low as … Read more

Bitcoin back below $65,000 for the first time in more than a month

Bitcoin back below ,000 for the first time in more than a month

A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin fell with the broader cryptocurrency market on Tuesday amid concerns about the global economy and lower summer liquidity. The price of bitcoin was last lower by … Read more

Bitcoin briefly slumps below $63,000 after hitting $73,000 last week

Bitcoin briefly slumps below ,000 after hitting ,000 last week

Bitcoin extended its slide on Tuesday, dropping more than $10,000 at one point from its all-time high last week. The flagship cryptocurrency was last lower by 4% at $64,440.14, according to Coin Metrics. Earlier it fell to as low as $62,320.30, after reaching a record of $73,679 last week. “As ETFs buy up available supply … Read more

Bitcoin tops $67,000 as it nears 2021 all-time high

Bitcoin tops ,000 as it nears 2021 all-time high

Jaap Arriens | NurPhoto | Getty Images Bitcoin jumped to start the week, edging even closer to its all-time high after the rally took a breather over the weekend. The flagship cryptocurrency was last higher by 6% at $66,660.91, according to Coin Metrics. Earlier, it rose to as much as $67,567.98, its highest level since … Read more

Bitcoin breaks below $39,000, bringing decline from ETF highs to more than 20%

Bitcoin breaks below ,000, bringing decline from ETF highs to more than 20%

Bitcoin extended its recent declines on Tuesday, falling further below $40,000 to its lowest level since the beginning of December. The price of the cryptocurrency was last lower by more than 3% at $38,840.93, adding to its 4% loss from the previous day, when the coin briefly dipped below $40,000 for the first time this … Read more

Bitcoin gives back new year rally as traders weigh ETF decision

Bitcoin gives back new year rally as traders weigh ETF decision

Bitcoin on Wednesday reversed its new year rally as investors weighed the Federal Reserve’s policy outlook and stayed on alert for updates on the Securities and Exchange Commission’s looming bitcoin exchange-traded fund decision. The price of bitcoin was last lower by more than 4% at $42,685.85, according to Coin Metrics. Earlier in the day, it … Read more