Dogecoin shot higher on Tuesday night, extending its postelection surge after President-elect Donald Trump formally announced the creation of the Department of Government Efficiency, which he referred to as “DOGE” in his statement. Tesla CEO Elon Musk and Vivek Ramaswamy, former Republican presidential candidate and Strive Asset Management co-founder, will lead the department, Trump said … Read more
Bitcoin was trading just shy of $90,000 Monday night after breaching $80,000 just a day earlier. The flagship cryptocurrency was last higher by 12% at $89,100, according to Coin Metrics. Earlier Monday, it rose as high as $89,623.00. Its price is expected by many investors to continue making fresh records on its way up to … Read more
Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Cryptocurrencies extended their rally on Sunday, with bitcoin touching $80,000 for the first time ever. The price of the flagship cryptocurrency was last higher by 4.5% at $79,800.19, according to Coin Metrics. Ether rose 3%, after passing the $3,000 level on Saturday. It last changed … Read more
V-graphix | Istock | Getty Images Cryptocurrencies were higher on Tuesday, with bitcoin briefly topping $70,000 as investors looked forward to results from the U.S. presidential election. Bitcoin was last higher by nearly 3% at $69,463.61, according to Coin Metrics. Earlier, it rose as high as $70,522.84. It is currently 5% off its all-time high, … Read more
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
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 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
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 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 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
