The world’s largest cryptocurrency, Bitcoin (BTC), has rebounded sharply after falling to $60,000, marking its lowest level in 16 months. The recovery is being driven by signs of revival in global technology stocks, which earlier in the week had triggered widespread sell-offs across risky asset classes, Reuters reported. Read More: Bitcoin plunges up to 8% in […]
ethereum
Bitcoin drops 8% as Trump’s tariff war with China rattles global markets
NEW YORK – Bitcoin, the world’s biggest cryptocurrency, dropped 8.4% on Friday after US President Donald Trump intensified his trade fight with China. Trump announced 100% tariffs on Chinese exports to the US and new export controls on “critical software,” following China’s limits on rare earth exports used in tech and manufacturing. Read More: Crypto […]
When is the best time to buy cryptocurrency?
Recently, cryptocurrency values have plummeted. As of this writing, the price of Bitcoin is $45,859.06 (Rs.7,706,179.37), having dropped by over half since mid-April. Ether (ETH) is currently trading at $3,394.30 (Rs.570,379.87), while Dogecoin (DOGE) is trading at $2.47 (Rs.415.06), down a stunning 73 percent from its May peak. However, potential investors perceive this volatility as […]
Ethereum breaks past $3,000 to quadruple in value in 2021
Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, as investors bet that ether will be of ever greater use in a decentralised future financial system. Ether , the token transacted on the ethereum blockchain, rose 3% on the Bitstamp exchange […]