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David Zeiler
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What Was Up (and Down) with the Price of Bitcoin This Week
The price of Bitcoin started the week at an all-time high, but a flurry of bad news dragged it down quickly – and took all of the other cryptocurrencies with it.
The momentum of last week's rally was blunted by negative reports from two major Wall Street banks, Goldman Sachs and Morgan Stanley. But the main blow was struck by a maker of Bitcoin-mining hardware, Bitmain, which threatened to create a separate version of Bitcoin. And yet, despite it all, the Bitcoin price was rebounding by Friday.
This week teaches a key lesson about investing in Bitcoin... - Why a Bitcoin Price Prediction of $1 Million Isn't Crazy
- Why the Bitcoin Price Hit Another All-Time High This Week
- Why the Ethereum Price Is Rising So Fast
- Why Initial Coin Offerings (ICOs) Raise Millions of Dollars in Seconds
- Why Rapidly Rising and Falling Bitcoin Prices Don't Rattle the Expert Buyers
- Is There a Bitcoin Ticker Symbol?
- These Health Insurers Have Been Stealing from You for Over a Decade
- Why Is the Bitcoin Price Rising to $2,000?
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