Category «Bitcoin»

Bitcoin struggles for footing on worries over China, leverage

Bitcoin struggles for footing on worries over China, leverage

By Administrator_India Capital Sands Bitcoin and other digital assets languished in Asia on Thursday, recovering marginally from four-month lows but weighed down by concerns over tighter regulation in China and unease over massive leveraged positions in the cryptocurrency world. Bitcoin, the biggest and most popular cryptocurrency, rose slightly to $38,072 after plunging 14% on Wednesday to …

Bitcoin scales $51,000 for the first time as crypto fever continues

Bitcoin struggles for footing on worries over China, leverage

By Administrator_India Capital Sands Bitcoin’s incredible rally shows little sign of abating yet after the token jumped past $51,000 for the first time. The largest cryptocurrency rose almost 6% Wednesday to about $51,431 after a fivefold surge in the past year, according to a composite of prices compiled by Bloomberg. The Bloomberg Galaxy Crypto Index reached a …

Bitcoin crosses $50,000 for the first time as record rally continues

Bitcoin struggles for footing on worries over China, leverage

By Administrator_India Capital Sands The seemingly unstoppable rise of Bitcoin continued on Tuesday with the cost of a single unit of the digital currency rising above $50,000 for the first time. The world’s largest cryptocurrency jumped as much as 4.9 per cent to $50,548 and is now up about 70 per cent, so far this year. Bitcoin pared its gain after …

Bitcoin tops $23,000; may climb to about $400,000

Bitcoin struggles for footing on worries over China, leverage

By Administrator_India Capital Sands Bitcoin breached $23,000 for the first time in history as more Wall Street names crowd into the the world’s largest digital currency up 220 per cent this year. As momentum builds, analysts predict more gains ahead. The digital coin jumped more than 9 per cent on Thursday, touching a high of $23,256.92, according to …