The prices of major cryptocurrencies dropped sharply in red, with total market cap dipping by $12 billion within one hour.
Bitcoin (BTC) prices fell below $6,000 for the first time since the end of June Tuesday, August 14, as the cryptocurrency community remains resilient.
According to the price analysis, the major digital coins have been involved in an upside in the entire last week. However, a downside initiated yesterday.
Tom Lee, the Fundstrat Global Advisors Managing Partner, has yet predicted that the price of one Bitcoin would become as high as $25k by the end of this year and would possibly be it $125k by 2022.
The searches for the term “bitcoin” have incurred a 75% drop from the start of the year. This is according to the google trends research.
Pentagon has a hard time making a decision whether they should flag the cryptocurrencies as risk instruments and the contractors are not happy with the clearances backlog.
Tom Lee has admitted that his prediction of a Bitcoin rally after the Consensus conference was wrong. Lee has claimed that the crypto market still “faces significant internal resistance and hurdles within traditional financial…
New research from Fundstrat co-founder Tom Lee and strategist Sam Doctor places Bitcoin prices at $36,000 by the end of 2019, and this increase would be propelled by mining activities, co-founder Tom Lee revealed Thursday, May 10.
The current cryptocurrency trend has not been pleasing to the investors. However, they are hoping for better market crypto performance.