Tag: futures

#Bitcoin #Cryptocurrency #ElSalvador Yahoo Finance’s David Hollerith discusses the decline of bitcoin stocks under $50k amid uncertainty over COVID-19. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes…

Investors, not short-term traders, will be the likely beneficiaries of upcoming BTC price moves, popular names agree.

#Bitcoin #Crypto #BitCoinplunge Yahoo Finance’s Brian Sozzi and Brian Cheung look at market futures and bitcoin’s plunge below $50,000 this past weekend. Don’t Miss: Valley of Hype: The Culture That…

A flash weekend bitcoin crash that wiped out a fifth of its value and caused $2 billion worth of positions to be liquidated has soured investor expectations of a massive…

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Grayscale CEO Michael Sonnenshein joins CNBC’s ‘Squawk Box’ to discuss what’s behind plunging cryptocurrency prices.

Levels of resistance are currently set between $52,000 and $53,000 — and beyond that, the next challenge for bulls stands between $57,000 and $58,000.

Although Bitcoin managed to rally to $47,000 just an hour later, the world’s biggest cryptocurrency has been pinned below $50,000 since.

What’s happening: The cryptocurrency at one point plunged more than 20% on Saturday. It’s now trading at roughly $48,600, down from about $57,000 at the beginning of December.