Bitcoin price took a nosedive in trading values. While it has been expected, the bearish move might not be all bad news.
Bitcoin price has shot up to record the highest it has seen in 2020 and the second best ever price in its history.
Ripple’s XRP spiked and then sent down immediately dropping 30% in seconds on Coinbase. In this, we explore the reason behind the increase and the crash.
Driven by institutional investment, Bitcoin price could be well on its way to hitting a record high within the next year.
Bitcoin price has been surging and investment firm Pantera believes it’s as a result of fresh demand on newly minted tokens.
Bitcoin has seen a massive spike in price since the halving event in May – doubling in value – as aresult of institutional firms.
Fresh investors continue to flood to the Bitcoin market as the price of the cryptocurrency gains and maintains healthy growth.