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Breaking NewsCompoSecure’s Next-Generation Crypto Storage Wallet, Arculus, Will Debut on September 9th, 2021        How Traditional Hedge Funds Are Coping With Cryptocurrencies        Fidelity Investments to Add 9,000 New Jobs, Doubling Hiring Efforts Year-Over-Year to …        Glorious, A Premier Creative NFT Studio & Marketplace        Digital assets witness higher inflows, thanks to ‘altcoins rather than Bitcoin’        Ether breaks above $3400 as scaling solution Arbitrum One launches to public        As Bitcoin and Ether Touch News Highs, Cardano, Binance Take Off        Crypto Exchange FTX Buys LedgerX, How They Will Move Into The Derivatives Sector        Famed ‘Dogecoin Millionaire’ Sets Sights On Cardano, Going “All In”        Paypal intros cryptocurrency service to U.K.        Cryptocurrency merchant processor partners with National Foundation        What Is Dash Cryptocurrency?        ‘Everything is getting bigger’: Naomi Osaka says Dogecoin got her interested in crypto        Crypto Exchange Bilaxy Loses $21M in Hack        Opinion        Tax litigator urges cryptocurrency traders to be wary of Canada Revenue Agency’s large-scale audit        While Others Are Making Money With Cryptocurrency, MENTAL Token Is Giving It Away        CryptoPunks creator Larva Labs signs up with major talent agency UTA        What Does Declining Bitcoin Volume Say About The Latest Rally?        Bitcoin and Ethereum, perhaps, but can whales manipulate NFTs        FOREX-Dollar falls to more than 3-week low with payrolls in focus        Ethereum Classic buyers are not fading without a fight, targeting 20% gains        Ethereum Is Breaking Out — How Far Can It Rally Now?        N.J. Hospital Fights Fake Vaccine Cards With Blockchain        North East entrepreneur invests £500,000 in Canadian blockchain venture        Illuvium hits new highs as interest in NFT-based blockchain gaming skyrockets        Diamonds On The Blockchain: A Sustainable Way For Everyone To Invest And Hedge …        Blockchain in Energy Market Is Booming Worldwide        Doge NFT to Be Broken Up Into Billions of Pieces for Investors        SEC Hints At Bitcoin Futures ETF Approval: What You Need To Know        New Analysis from Global Industry Analysts Reveals Steady Growth for Blockchain …        New Analysis from Global Industry Analysts Reveals Steady Growth for Blockchain …        Can Blockchain Still Be Used To Supercharge Mobile Privacy?        

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Bitcoin’s Surge Wasn’t Sustainable so Its Latest Retreat Is No Surprise

Bitcoin’s Surge Wasn’t Sustainable so Its Latest Retreat Is No Surprise

There goes bitcoin. After soaring almost 20% on Wednesday alone to just below $14,000, the virtual currency succumbed to gravity on Thursday morning, dropping below $12,000. The price of bitcoin had surged by more than 80% in less than a month, its strongest performance since its rise to almost $20,000 in the middle of December of 2017.






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