Bitcoin disappointed bulls on February 2 as a fresh attempt at flipping higher levels to support gained little momentum.
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Markets Report: Bitcoin simmers as Hodlers look for crypto to ‘Gamespot’
A “boring” day’s trading leads to calls for newly-minted Reddit investors to put stock proceeds into BTC
Bitcoin took a back seat as commentators continued to focus on developments with U.S. stocks GameStop ($GME), AMC ($AMC) and others. As Modern Consensus reported, $GME shot onto the mainstream radar after a Reddit subreddit, r/Wallstreetbets, collectively boosted its price by 1,700% in just over two weeks. Bitcoin proponents were hoping that traders would use their gains to fuel a fresh rise in BTC/USD.
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Markets Report: Bitcoin grinds upwards as ether hits new all-time high
Success for ether comes amid warnings that a return to vertical price action is likely a long way off
A new week and a new Bitcoin—a quiet weekend passes and leaves the largest cryptocurrency shooting higher towards $40,000. After breaking $30,000 support late last week, fears of a fresh bearish retest have been left unfounded as Monday produces new upside. What’s next?
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Markets Report: Bitcoin recovers from $29K dip; anger at double spend claim
Troubled times for bitcoin as miner outflows combine with false rumors that the blockchain was compromised for the first time in history
Data from price trackers including CoinMarketCap and TradingView showed a problematic 24 hours for Bitcoin, which looks to end the week in a decidedly more precarious position than that in which it began on Monday.
