Bitcoin holds onto $19,000 as investors remain cautious of inflation numbers. The price may weaken further if inflation rises faster than expected. Bitcoin remains held by long-term focused investors. Bitcoin BTC/USD trades at $19,796 as of press time. The level is already a support zone.
Bitcoin price slipped below $20,000 on Wednesday after headline US inflation data showed the consumer price index (CPI) came in hotter than expected. Data by the US Labor Department showed CPI rose 9.1% year-over-year for the hottest move since 1981 and 1.3% month-on-month in June,
The cryptocurrency market has had a positive start to the week, adding more than 2% to its value in the last 24 hours. The cryptocurrency market ended the previous week with a win and is starting this new week with positive performances. The total cryptocurrency
Blockchain technology has gained adoption in various sectors of the global economy, beyond cryptocurrencies. < American activist and whistleblower Chelsea Manning has revealed that she is bullish about blockchain technology. However, she is skeptical about the economic aspect of the technology. She made her points
The cryptocurrency market has performed excellently over the past 24 hours, erasing some of the losses recorded over the weekend. The cryptocurrency market has been performing well since the start of the week. The market has added nearly 6% to its value in the last
El Salvador became the first country to make Bitcoin a legal tender and is now building a Bitcoin City. CEO of JAN3, Samson Mow, has revealed that it would take around ten years to finish building the Bitcoin City. JAN3 entered an agreement with the
A Visa VIP crypto credit card for Bitcoin millionaires and billionaires is now officially available in the United Arab Emirates (UAE), giving holders a chance to join an exclusive club. Available by-invite to only 10,000 members across the globe, the bitcoinblack will offer holders the
Bitcoin trades at above $19,000 in a bear market and support area 200-day moving average joined resistance for Bitcoin A breakout of the inside bar pattern could accelerate bear weakness Bitcoin BTC/USD is trading at 19,580. At the current price, the world’s largest cryptocurrency sits