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Bitcoin News / Bitcoinist - 3 months ago

Bitcoin Holds $78K Amid Signs Of Economic Recovery: Analysts

A surprise uptick in a key factory gauge has traders rethinking risk, while crypto watchers debate whether Bitcoin will ride a fresh wave higher or stay stuck in a drawdown. The ISM Manufacturing PMI rose into expansion territory in January, and that...

Bitcoin News / Bitcoinist - 3 months ago

Bitcoin Wave 3 Crash: What’s Next As Price Makes A Rebound?

Bitcoin’s price action over the past 24 hours has changed from outright selling pressure to a cautious rebound. After falling into the mid-$75,000 region, the cryptocurrency found support around $75,400. That support has since carried BTC back toward...

Bitcoin News / Bitcoin.com - 3 months ago

Bitcoin Clings to Strategy’s Cost Basis; MSTR Slides 5%

On Tuesday, bitcoin slid to an intraday low of $72,863 per coin, at one point sending Strategy’s shares down as much as 9% against the U.S. dollar. By Wall Street’s close, MSTR ended the day around 5% lower. MSTR Shares Slide All eyes are fixed on St...