• markets report bitcoin price
    BTC finally passed $16,000, but got knocked back quickly (Photo:CoinMarketCap)
    Bitcoin,  Markets Report

    Markets report: Bitcoin hits $16K after 3 years but ‘extreme greed’ abounds

    Bitcoin returns to highs not seen since its path to $20,000 but heavy resistance makes its presence felt

    November 12, 2020 /

    Bitcoin saw fresh volatility on November 12 as $16,000 came back into play but bulls saw familiar trouble with support. Data from price trackers including CoinMarketCap showed BTC/USD rising to pass $16,000 for the first time since 2017 on Thursday. The moment had been long coming, but highs of $16,180 swiftly met major resistance.

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  • markets report bitcoin price
    Investor Stanley Druckenmiller's endorsement helped stabilize bitcoin (Photo: CoinMarketCap)
    Bitcoin,  Markets Report

    Bitcoin stabilizes above $15K after Stanley Druckenmiller says he owns BTC

    A volatile period is punctuated by a day of relative peace for Bitcoin traders, as $15,400 forms a temporary focal point

    November 10, 2020 /

    Bitcoin showed rare calm on November 10 as volatility gave way to smaller movements above $15,000. Data from price trackers including CoinMarketCap and TradingView showed BTC/USD hovering in a tighter range on Tuesday, focused on around $15,400.

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